Aptitude - Profit and Loss - Discussion

C.p = 1400.
Loss = 15%.
C.p/100 = S.p/85.
[C.p cycle taken as 100% in that 15% loss by selling is 85]. 1400/100 = s.p/85.
S.p = 14 * 85 = 1190.

hello guys, there is a simple way to solve profit n loss questions in few seconds . u just need to remember a simple formula . i.e

factor formula = F*C=S, here( F= 1+profit/100 Or 1-loss/100).

Now in this question simply apply this and you will get the answer.

Given that C.P = 1400.

Loss = 15%

S.P= ?

Solution: 1-15/100*1400 = 1190.

F*C = S.

In this way you will be able to solve question in 1 line :).

As we are seeing here:

The cost price, loss% is mentioned.
Now, we need to find the loss.

So,the formula is : loss/1400 = 15/100.
Now we take the 1400 to the other side a division in LHS becomes multiple in RHS
Now, loss = 15/100 * 1400 = 210.
Now we got the loss hence we need to subtract the loss from C.P.
So we get the answer as = 1190.

Thank you.

Hi friends
for finding the selling price we have one formula tat is;

costprice/100=sellingprice/(100-loss%)

here c.p=1400
loss%=15%
s.p=x(assume)
by substituting the values


1400/100= x/(100-15)
14=x/85
therefore x=1190

Note:if it is loss% given (100-loss%) or
gain% is given (100+gain%)

Just apply factor formula and u'll be able to solve many questions in seconds. So the formula is.

F*C = S here (F= 1+ profit/100 or 1-loss/100).

So C. P=1400.

Profit=15%.

S. P=?

Apply formula = F*C=S.

1-15/100 = 0. 85.

0. 85*1400 = 1190 here is your S. P thats it :).

From the given data,
Loss% =15.
CP = 1400.

Since, Loss% = (Loss / CP)*100.
=> 15 = (Loss / 1400)*100,
=> 15 = (Loss / 14),
Therefore, Loss = 210,

Now, we know that,
Loss = CP - SP.
=> SP = CP - Loss.
=> SP = 1400 - 210,
Therefore, SP = 1190.

We know that,

C.P = 100*S.p/100 - loss%.

Rearranging the formula because we find the S.P.

S.P = C.P(100-loss%)/100.

Putting the values,
S.P = 1400(100-15)/100.

S.P = 14(85).
Answer is: 1190.

Given C.P=Rs 1400
and Loss % = 15%

we have to find out S.P
we know that S.P=(100-loss%)/100*C.P

Therefore S.P = (100-15)/100*1400
=85/100*1400
S.P=Rs1190

100 to 15 then 1400 : ?

100 (1400 15) :?

1400 * 15/100 = 210.

So, here 1400 to 210 loss.

Then, minus 210 from 1400, that's answer.
1400 - 210 = 1190.

I hope you all understand 1190.

In some place we assume loss as 15/100 in place of loss percentage but in some place we just keep it as 15 itself.

What is the actual criteria could anyone clear my doubt?