Profit And Loss Quantitative Aptitude Interview Questions and Answers Part 1
Above video will provide solutions for below questions
1.Profit And Loss Important Facts:
- Cost Price.
- Selling Price.
- Profit or Gain.
- Loss.
2.Cost Price:
The price, at which an article is purchased, is called its cost price, abbreviated as C.P.
3.Selling Price:
The price, at which an article is sold, is called its selling prices, abbreviated as S.P.
4.Profit or Gain:
If Selling price is greater than cost price, the seller is said to have a profit or gain.
5.Loss:
If Selling price is less than cost price, the seller is said to have incurred a loss.
6.Gain Formula:
7.Loss Formula:
