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Profit Loss| Problem Solving| Shortcuts | profit and loss questions

Greetings! Videos to be watched before this session are: Session 1:    • Session 1| Profit, Loss and, Discount...   Session 2:    • Profit, Loss, Discount - Session 2 | ...   Session 3:    • Profit, Loss, Discount - Session 3 | ...   Session 4:    • Profit, Loss, Discount - Session 4 | ...   Session 5:    • Profit Loss and Discount - Session 5(...   Session 6:    • Profit Loss and Discount - Session 6 ...   Problems discussed in this video are: 1) On selling 7 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of ball is? 2) Vinod makes a profit of Rs.110 if he sells a certain number of pencils he has at the price of Rs.2.50 per pencil and incurs a loss of Rs.55 if he sells the same number of pencils for Rs.1.75 per pencil. How many pencils does Vinod have? 3) A man buys eggs at 2 for Rs.1 and an equal number at 3 for Rs.2 and sells the whole at 5 for Rs.3. His gain or loss percent is? 4) A fruit seller professes to sell his fruits at cost price, but still gains 25% on his outlay. What weight does he substitute for a kilogram? 5) Deepak bought a microwave oven and paid 10% less than the original price. He sold it with 30% profit on the price he had paid. What percentage of profit did Deepak earn on the original price? 6) In a shop, 80% of the articles are sold at a profit of 10% and the remaining at a loss of 40%. What is the overall profit/loss? 7) A man purchases two clocks A and B at a total cost of Rs.650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively? 8) A sells a scooter priced at Rs.36000. He gives a discount of 8% on the first Rs.20000 and 5% on the next Rs.10000. How much discount can he afford on the remaining Rs.6000 if he is to get as much as when 7% discount is allowed on the total? 9) A trader marked the price of a product in such a way that it is 20% more than the cost price. If he allows 10% discount on the marked price to the customer then his gain is? 10) The profit earned by selling a chair for Rs.752 is 1.2 times the loss incurred when the same chair was sold for Rs.400. What is the cost price of the chair? SUBSCRIBE | SHARE | BELL | LIKE | COMMENT #profitloss, #profitandloss, #profitlossaptitude, #profitlossquestions, #profitandlossquestions, #profitlossbasics, #profitandlossaptitudequestions,