SlideShare a Scribd company logo
1 of 46
PERCENTAGE is one of the most commonly used
mathematical concept in real life. This is simple
concept with various concept with various
applications. Hence, you are expected to be
absolutely confirm with this concept. In order to
increase your confirm levels, you will do well to keep
calculating percentages mentally, whenever you get
an opportunity to do so in real life
PERCENTAGE
PERCENTAGE OF A NUMBER
 Percent means, per 100. here “cent” stand for
100 .
To find the percentage of a number, convert the
%age into fraction and multiply the resulting
fraction with the number,
e.g. 60% of 500 = 60
100
CONVERSION OF A FRACTION OR
A DECIMAL INTO A PERCENT
A fraction or decimal can be converted in
to a percentage by simply multiplying it
by 100.
so, the fraction 1/5 expressed as a
percentage is 1/5*100 = 20%
And the decimal 0.05 expressed as a
percentage is 0.05 * 100 = 5%
Converting a percentage into a
fraction
 A %age when divide by 100 is converted into a
fraction. So 20% as a fraction is 20/100 = 1/5
The % sign is dropped when we divide the % by
100.
Fraction of a number
 To determine the fraction of a number we multiply
the fraction and the number. Therefore,
Fraction of a fraction and relative
percentage
 To find the fraction of a fraction we multiply both
the fractions.
Type of questions Examples
If A’s income is
x% of B’s income
and B’s income is
given. Then find
A’s income.
A’s income is
40% of B’s
income. If B’s
income is
Rs.10,000, what is
A’s income?
Approach
Type of questions Examples
If A’s income is r%
more than of B’s
income, than by
how much
percent is B’s
income less than
A’s income?
X’s income is 25%
more than Y’s. By
how much % is
Y’s income less
than X’s income?
Approach
Type of questions Examples
Approach
If A’s income
is r% less
than of B’s
income, than
by how much
percent is B’s
income more
than A’s
income?
X’s income is
20% less than
Y’s. By how
much % is Y’s
income more
than X’s
income?
Approach
Type of questions Examples
If A’s income is r%
less than of B’s
income, than by
how much percent
is B’s income more
than A’s income?
X’s income is 20%
less than Y’s. By
how much % is Y’s
income more than
X’s income?
Approach
Type of questions Examples
If the price of a
commodity
increases by r%,
find the % decrease
in the consumption
given that
expenditure remain
same
If the price of potato is
increased by 20%, by how
much should the
consumption be decreased
so as to maintain the same
expenditure?
Approach
Type of questions Examples
If price of one unit
changes by a% and
the number of units
consumed changes
by b%, than what is
the % change in
expenditure
If the price of potato is
increased by 20% and
consumption
decreased by 10%,
what will be the
percentage change in
expenditure?
Approach
Type of questions Examples
1. If the population of a
country increases in the
first year and decreases
in second year.
The population of a town is
18,000.
It increases by 10% during
first year and by 20%
during the second year. The
population after 2 years
will be
Approach
Alternative Method
Successive increments of 10%
and 20% = 32%.
Then, population will increase
by 32% of 18000 = 5760
population after 2 years will be
18000+5760 = 23760
EXAMPLES:-
 A’s income is 70% of B’s income. B’s income
is 50% of C’s income. If C’s income is Rs. 1,
00,000. What is A’s income?
 If the price of an item is increased by 20%
and then a discount of 10% is given on the
increased price, what will be the effect on
sale?
 The number of seats in an auditorium is
increased by 25%. The price on a ticket is
also increased by 12%. What is the effect on
 The length of a rectangle is increased by 10%. What will be the
percentage decrease in its breadth so as to have the same area?
 In a market survey, 20% opted for product B. The remaining
individuals were uncertain. If the difference between those who
opted for product B and those who were uncertain was 720, then
how many individuals were covered in the survey?
 Of the total amount received by Kiran, 20% was spent on
purchases and 5% of the remaining on transportation. If he is left
with Rs. 1520, the initial amount was
 5% of income A is equal to 15% of income B and 10% of income
B is equal to 20% of income C. if income of C is Rs. 2,000 , then
the total income of A, B and C is
 Arvind spend 75% of his income. His income is increase by 20%
and he increases his expenditure by 10%. His saving is increased
by how many percent?
 Two numbers are respectively 19% and 70% more than a third
number. What percentage is the first number out of the second?
 Salary of A, B and C are in the ratio of 1:2:3. Salary of B and C
together is Rs. 6,000. By what percent is the salary of C more
than that of A?
 The price of rice increased from Rs. 15 by 15% and then reduce
by 30 paise. What was the net increase?
 Successive discount of 30%, 20% and 10% are equivalent to a
single discount of?
 SUPPOSE that you are selling some
article. You can sell that article at the
price you bought, more than that or less
than that, means in any such transaction
three cases will be arise
PROFIT, LOSS AND DISCOUNT
THEORY AND CONCEPT
 In day to day life we sell and purchase the
things as per our requirement. A customer can
get things in the following manners:
Manufacturer
(or producer)
Whole seller
(dealer)
(shopkeeper)
Retailer
(or sells
person)
Customer
TERMINOLOGY
 COST PRICE – The money paid by the
shopkeeper to the manufacturer or whole
seller to buy the goods is called the cost
price(CP) of the goods purchased by the
shopkeeper.
 Selling Price (SP) – The price at which the
shopkeeper sells the goods is called the
selling price (SP) of the goods sold by the
shopkeeper.
NOTE- If an article is purchased for some amount and
three are some additional expenses or transportation
labor, commission etc., these are to be added in the
cost price. Such expenses are called overhead
expenses or overheads.
a. Cost price (C.P.) > selling price (S.P.)
b. Cost price (C.P.) < selling price (S.P.)
c. Cost price (C.P.) = selling price (S.P.)
as a result either you will have profit (p)
or loss (L) or no profit or no loss
Profit & Loss can be defined in two
ways
A. In term of absolute amount:
suppose that if CP of an article is Rs.200 and
SP is 300.
so profit is SP-CP = 300-200 = 100.
B. In terms of percentage:
wherenever you want to calculate the prpofit &
loss in terms of percentage, it is always
calculated on the basic of CP. In the above
example the profit is Rs. 100on CP of 200, so
the profit % is 50%
IMPORTANT FORMULAE
Profit = SP-CP
Loss = CP – SP
Profit percentage =
NOTE – Profit & loss is always calculated on the basic of cost price
unless otherwise mentioned in the problems
MARK UP AND DISCOUNT
MARKED PRICE – Basically to avoid the loss
due to bargaining by the customer and to get
the profit over the cost price trader increases
the cost price by a certain value, this increase
in the value over cost price is known as
markup and the increase price is called the
marked price or printed price or list price in
the goods.
Marked price = CP+ Markup
Marked Price = CP +(% markup on CP)
Discount : discount means reduction of marked
price to selln at a lower rate or literally discount
means concession. Basically it is calculated on the
basic of marked price.
Selling price = marked price – discount
Selling price = Marked price – ( discount % on MP)
Since markep price = CP+ % markup on CP
remember markup is calculated on the basic of CP
while discount is calculated on the basis on MP
in general, CP>SP<MP at profit
CP=SP<MP at no profit no loss
SP<CP<MP at loss
Type of questions Examples
1. If A sells to B at a profit
of x%;
B sells to C at a profit of
y%
and C pays Rs. P for it,
find the cost for A.
A sells a cycle to B at a
profit of 10%, B sells to C
at a profit of 20%. If C pays
Rs. 264 for it, how much
did A pay for it?
Type of questions Examples
1. If cost price of A articles
is equal to the selling
price of B articles, find
the profit percentage.
The cost price of 10
articles is equal to the
selling price of 9 articles.
Find the profit percentage.
Type of questions Examples
1. The cost price of two
articles is same. If one is
sold at a X% profit and
the other at a loss of X
%, find the profit or loss
percentage.
Amit buys 2 cows for Rs.
200 each. He sells one at a
profit of 10% and the
other at a loss of 10%. Find
his profit or loss
percentage.
Approach
For the equal profit & loss %age, there is no
profit no loss
Type of questions Examples
1. The selling price of two
articles is same. If one is
sold at a X% profit and
the other at a loss of X
%, find the profit or loss
percentage.
Amit sells 2 cows for Rs.
200 each. On one he gets a
profit of 10%, while losing
10% on other. What is his
overall profit or loss
percentage?
Approach
For the same selling price & equal profit &
loss percentage there is always a loss of
Type of questions Examples
1. If x % discount on an articles
is given on cash payment.
Find the %age that should be
marked above the cost price
so as to make a profit of y%.
A dealer allows a discount of
7% for cash payment. How
much %age above the cost
price should he marks his
goods to make a profit of 10%
Approach
Type of questions Examples
1. If a dealer sells goods at
cost price but uses faulty
weight, find his gain
percentage.
A dishonest dealer
professes to sells to sell his
goods at cost price, but he
uses weight of 960 gm for
1 kg. find his profit %age.
Approach
EXAMPLES :-
 A boy buys eggs at 10 for Rs. 1.80 and sells them at
11 for Rs. 2. What is the profit or loss %?
 a man bought 80 kg of rice for Rs. 88 and sold it at a
loss of as much money he received for 20 kg. At what
price did he sell it?
 goods are purchased for Rs. 450 and one-third is sold
at a loss of 10%. At what profit %age should the
remainder be sold so as to gain 20 % on the whole
transaction?
a reduction of 10% in the price of sugar enables a man to buy
25 kg more for Rs. 225. What is the original price of sugar?
a man sells an articles at a profit of 25%. If he had bought it
at 20% less and sold it for Rs. 10.50 less, he would have
gained 30%. Find the C.P. of the articles.
if a commission of 10 % is given on the marked price of an
articles, the gain is 25%. Find the gain %age, if the
commission is increased to 20%.
peanuts are sold at 60 per rupee. If the vendor decides to
hike the S.P. by 20%, how many peanuts can be bought per
rupee?
 Sumeet buys 9 books for Rs. 100 but sells 8 for Rs.
100. What is the next %age of profit?
 A person earns 15% on an investment but losses 10%
on another investments. If the ratio of two investments
be 3 : 5, what is the gain or loss on the two
investments taken together?
 Vivek purchased 120 tables at a price of Rs. 110 per
table. He sold 30 tables at a profit of Rs. 12 per table
and 75 tables at a profit of Rs. 14 per table per table.
The remaining tables were sold at a loss of Rs. 7 per
table. What is the average profit per table?

More Related Content

What's hot

GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers
GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers
GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers Swapnil Deopurkar
 
surface area and volume ppt
surface area and volume ppt surface area and volume ppt
surface area and volume ppt shreyansmaliwal
 
Knowing our numbers
Knowing our numbersKnowing our numbers
Knowing our numbersAvneet Singh
 
Squares & square roots - class 8th
Squares & square roots -  class 8th Squares & square roots -  class 8th
Squares & square roots - class 8th sanarajar786
 
algebraic expression
algebraic expressionalgebraic expression
algebraic expressionsan783
 
CLASS IX MATHS PPT
CLASS IX MATHS PPTCLASS IX MATHS PPT
CLASS IX MATHS PPTRc Os
 
Triangles and it's properties
Triangles and it's propertiesTriangles and it's properties
Triangles and it's propertiesminhajnoushad
 
Chapter5 data handling grade 8 cbse
Chapter5  data handling grade 8 cbseChapter5  data handling grade 8 cbse
Chapter5 data handling grade 8 cbsehtanny
 
Perimeter and area
Perimeter and areaPerimeter and area
Perimeter and areaSophiya Virk
 
Multiplication of algebraic expressions
Multiplication of algebraic expressionsMultiplication of algebraic expressions
Multiplication of algebraic expressionsVendavaram
 
Chapter-1 Rational numbers Class 8th
Chapter-1 Rational numbers Class 8th Chapter-1 Rational numbers Class 8th
Chapter-1 Rational numbers Class 8th Abhishek Mishra
 

What's hot (20)

Real Numbers
Real NumbersReal Numbers
Real Numbers
 
Profit loss concept
Profit loss conceptProfit loss concept
Profit loss concept
 
comparing quantities
comparing quantitiescomparing quantities
comparing quantities
 
Maths ppt
Maths pptMaths ppt
Maths ppt
 
GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers
GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers
GYANOME: NCERT 6th Mathematics Chapter 1 - Knowing our numbers
 
surface area and volume ppt
surface area and volume ppt surface area and volume ppt
surface area and volume ppt
 
Knowing our numbers
Knowing our numbersKnowing our numbers
Knowing our numbers
 
Squares & square roots - class 8th
Squares & square roots -  class 8th Squares & square roots -  class 8th
Squares & square roots - class 8th
 
Statistics
StatisticsStatistics
Statistics
 
Mensuration
Mensuration Mensuration
Mensuration
 
algebraic expression
algebraic expressionalgebraic expression
algebraic expression
 
ProfitAndLoss class 7
ProfitAndLoss class 7 ProfitAndLoss class 7
ProfitAndLoss class 7
 
IX polynomial
IX polynomialIX polynomial
IX polynomial
 
CLASS IX MATHS PPT
CLASS IX MATHS PPTCLASS IX MATHS PPT
CLASS IX MATHS PPT
 
Triangles and it's properties
Triangles and it's propertiesTriangles and it's properties
Triangles and it's properties
 
Chapter5 data handling grade 8 cbse
Chapter5  data handling grade 8 cbseChapter5  data handling grade 8 cbse
Chapter5 data handling grade 8 cbse
 
Perimeter and area
Perimeter and areaPerimeter and area
Perimeter and area
 
Multiplication of algebraic expressions
Multiplication of algebraic expressionsMultiplication of algebraic expressions
Multiplication of algebraic expressions
 
Surds
SurdsSurds
Surds
 
Chapter-1 Rational numbers Class 8th
Chapter-1 Rational numbers Class 8th Chapter-1 Rational numbers Class 8th
Chapter-1 Rational numbers Class 8th
 

Similar to Percentage & profit and loss

MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6
MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6
MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6LuisSalenga1
 
The Rule of 100 - Talking About Numbers
The Rule of 100 - Talking About NumbersThe Rule of 100 - Talking About Numbers
The Rule of 100 - Talking About NumbersRon Bentata
 
Power Point slides on Percentage for year 8s
Power Point slides on Percentage for year 8sPower Point slides on Percentage for year 8s
Power Point slides on Percentage for year 8samirishabnam1
 
Accounting Economics And Business 17 Nov
Accounting Economics And Business 17  NovAccounting Economics And Business 17  Nov
Accounting Economics And Business 17 NovDr. Trilok Kumar Jain
 
MG Ki Paathshala - Profit, Loss & Discount - Class 8
MG Ki Paathshala - Profit, Loss & Discount - Class 8MG Ki Paathshala - Profit, Loss & Discount - Class 8
MG Ki Paathshala - Profit, Loss & Discount - Class 8MaheshChandraGupta2
 
Real gdp and price level
Real gdp and price levelReal gdp and price level
Real gdp and price levelBenthinnick
 
Profit & loss Online coaching PPT.pdf
Profit & loss Online coaching PPT.pdfProfit & loss Online coaching PPT.pdf
Profit & loss Online coaching PPT.pdfAkashKumarSinha7
 
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptx
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptxMath 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptx
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptxmenchreo
 
Finding More Net Profits From Your P&L
Finding More Net Profits From Your P&LFinding More Net Profits From Your P&L
Finding More Net Profits From Your P&LScott K. Wilder
 
December 6, 2013
December 6, 2013December 6, 2013
December 6, 2013khyps13
 
calculate mark-up percentage CO#4.ppt
calculate mark-up percentage CO#4.pptcalculate mark-up percentage CO#4.ppt
calculate mark-up percentage CO#4.pptMerlindaPacquiao
 
Copy of Theory of demand and Elasticity (2).pptx
Copy of Theory  of  demand  and Elasticity  (2).pptxCopy of Theory  of  demand  and Elasticity  (2).pptx
Copy of Theory of demand and Elasticity (2).pptxCeddiaTaylor1
 

Similar to Percentage & profit and loss (20)

Mathematics
MathematicsMathematics
Mathematics
 
Ch 2 profit and loss
Ch 2 profit and lossCh 2 profit and loss
Ch 2 profit and loss
 
MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6
MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6
MATH 6 Q2 WEEK 5.pptx._tEACHING mATH FOR gRADE 6
 
PROFIT AND LOSS.pptx
PROFIT AND LOSS.pptxPROFIT AND LOSS.pptx
PROFIT AND LOSS.pptx
 
The Rule of 100 - Talking About Numbers
The Rule of 100 - Talking About NumbersThe Rule of 100 - Talking About Numbers
The Rule of 100 - Talking About Numbers
 
Power Point slides on Percentage for year 8s
Power Point slides on Percentage for year 8sPower Point slides on Percentage for year 8s
Power Point slides on Percentage for year 8s
 
Accounting Economics And Business 17 Nov
Accounting Economics And Business 17  NovAccounting Economics And Business 17  Nov
Accounting Economics And Business 17 Nov
 
MG Ki Paathshala - Profit, Loss & Discount - Class 8
MG Ki Paathshala - Profit, Loss & Discount - Class 8MG Ki Paathshala - Profit, Loss & Discount - Class 8
MG Ki Paathshala - Profit, Loss & Discount - Class 8
 
Real gdp and price level
Real gdp and price levelReal gdp and price level
Real gdp and price level
 
Profit & loss Online coaching PPT.pdf
Profit & loss Online coaching PPT.pdfProfit & loss Online coaching PPT.pdf
Profit & loss Online coaching PPT.pdf
 
Fm
FmFm
Fm
 
PROFIT AND LOSS
PROFIT AND LOSS PROFIT AND LOSS
PROFIT AND LOSS
 
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptx
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptxMath 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptx
Math 6 - Application of Percent (Discount, Sale Price & Rate of Discount).pptx
 
Finding More Net Profits From Your P&L
Finding More Net Profits From Your P&LFinding More Net Profits From Your P&L
Finding More Net Profits From Your P&L
 
December 6, 2013
December 6, 2013December 6, 2013
December 6, 2013
 
calculate mark-up percentage CO#4.ppt
calculate mark-up percentage CO#4.pptcalculate mark-up percentage CO#4.ppt
calculate mark-up percentage CO#4.ppt
 
Lec5
Lec5Lec5
Lec5
 
Copy of Theory of demand and Elasticity (2).pptx
Copy of Theory  of  demand  and Elasticity  (2).pptxCopy of Theory  of  demand  and Elasticity  (2).pptx
Copy of Theory of demand and Elasticity (2).pptx
 
Lecture 5 elasticity
Lecture 5 elasticityLecture 5 elasticity
Lecture 5 elasticity
 
Lec7
Lec7Lec7
Lec7
 

More from Pawan Mishra

Fundamentals of Quantitative Aptitude
Fundamentals of Quantitative AptitudeFundamentals of Quantitative Aptitude
Fundamentals of Quantitative AptitudePawan Mishra
 
Important aptitude questions which are asked in the Infosys Placement
Important aptitude questions which are asked in the Infosys PlacementImportant aptitude questions which are asked in the Infosys Placement
Important aptitude questions which are asked in the Infosys PlacementPawan Mishra
 
Calendars- Aptitude
Calendars- Aptitude Calendars- Aptitude
Calendars- Aptitude Pawan Mishra
 
Clocks(quantitative aptitude)
Clocks(quantitative aptitude)Clocks(quantitative aptitude)
Clocks(quantitative aptitude)Pawan Mishra
 
Infosys test pattern
Infosys test patternInfosys test pattern
Infosys test patternPawan Mishra
 
Facts about number
Facts about numberFacts about number
Facts about numberPawan Mishra
 
PERMUTATION & COMBINATION
PERMUTATION & COMBINATIONPERMUTATION & COMBINATION
PERMUTATION & COMBINATIONPawan Mishra
 

More from Pawan Mishra (20)

Logarithms
LogarithmsLogarithms
Logarithms
 
Fundamentals of Quantitative Aptitude
Fundamentals of Quantitative AptitudeFundamentals of Quantitative Aptitude
Fundamentals of Quantitative Aptitude
 
Important aptitude questions which are asked in the Infosys Placement
Important aptitude questions which are asked in the Infosys PlacementImportant aptitude questions which are asked in the Infosys Placement
Important aptitude questions which are asked in the Infosys Placement
 
Calendars- Aptitude
Calendars- Aptitude Calendars- Aptitude
Calendars- Aptitude
 
Clocks(quantitative aptitude)
Clocks(quantitative aptitude)Clocks(quantitative aptitude)
Clocks(quantitative aptitude)
 
Infosys test pattern
Infosys test patternInfosys test pattern
Infosys test pattern
 
Facts about number
Facts about numberFacts about number
Facts about number
 
Maths fact
Maths factMaths fact
Maths fact
 
number system
number systemnumber system
number system
 
blood relation
blood relationblood relation
blood relation
 
number system
number systemnumber system
number system
 
number system
number systemnumber system
number system
 
PERMUTATION & COMBINATION
PERMUTATION & COMBINATIONPERMUTATION & COMBINATION
PERMUTATION & COMBINATION
 
Careers
CareersCareers
Careers
 
Maths trick
Maths trickMaths trick
Maths trick
 
Lateral puzzle
Lateral puzzleLateral puzzle
Lateral puzzle
 
Maths shortcut
Maths shortcutMaths shortcut
Maths shortcut
 
Magic math
Magic mathMagic math
Magic math
 
Amazing trick
Amazing trickAmazing trick
Amazing trick
 
Ratio
Ratio Ratio
Ratio
 

Recently uploaded

_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppCeline George
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfUmakantAnnand
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxRoyAbrique
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docxPoojaSen20
 

Recently uploaded (20)

_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website App
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
9953330565 Low Rate Call Girls In Rohini Delhi NCR
9953330565 Low Rate Call Girls In Rohini  Delhi NCR9953330565 Low Rate Call Girls In Rohini  Delhi NCR
9953330565 Low Rate Call Girls In Rohini Delhi NCR
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.Compdf
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docx
 

Percentage & profit and loss

  • 1. PERCENTAGE is one of the most commonly used mathematical concept in real life. This is simple concept with various concept with various applications. Hence, you are expected to be absolutely confirm with this concept. In order to increase your confirm levels, you will do well to keep calculating percentages mentally, whenever you get an opportunity to do so in real life PERCENTAGE
  • 2. PERCENTAGE OF A NUMBER  Percent means, per 100. here “cent” stand for 100 . To find the percentage of a number, convert the %age into fraction and multiply the resulting fraction with the number, e.g. 60% of 500 = 60 100
  • 3. CONVERSION OF A FRACTION OR A DECIMAL INTO A PERCENT A fraction or decimal can be converted in to a percentage by simply multiplying it by 100. so, the fraction 1/5 expressed as a percentage is 1/5*100 = 20% And the decimal 0.05 expressed as a percentage is 0.05 * 100 = 5%
  • 4. Converting a percentage into a fraction  A %age when divide by 100 is converted into a fraction. So 20% as a fraction is 20/100 = 1/5 The % sign is dropped when we divide the % by 100. Fraction of a number  To determine the fraction of a number we multiply the fraction and the number. Therefore,
  • 5. Fraction of a fraction and relative percentage  To find the fraction of a fraction we multiply both the fractions.
  • 6. Type of questions Examples If A’s income is x% of B’s income and B’s income is given. Then find A’s income. A’s income is 40% of B’s income. If B’s income is Rs.10,000, what is A’s income?
  • 8. Type of questions Examples If A’s income is r% more than of B’s income, than by how much percent is B’s income less than A’s income? X’s income is 25% more than Y’s. By how much % is Y’s income less than X’s income?
  • 10. Type of questions Examples Approach If A’s income is r% less than of B’s income, than by how much percent is B’s income more than A’s income? X’s income is 20% less than Y’s. By how much % is Y’s income more than X’s income?
  • 12. Type of questions Examples If A’s income is r% less than of B’s income, than by how much percent is B’s income more than A’s income? X’s income is 20% less than Y’s. By how much % is Y’s income more than X’s income?
  • 14. Type of questions Examples If the price of a commodity increases by r%, find the % decrease in the consumption given that expenditure remain same If the price of potato is increased by 20%, by how much should the consumption be decreased so as to maintain the same expenditure?
  • 16. Type of questions Examples If price of one unit changes by a% and the number of units consumed changes by b%, than what is the % change in expenditure If the price of potato is increased by 20% and consumption decreased by 10%, what will be the percentage change in expenditure?
  • 18. Type of questions Examples 1. If the population of a country increases in the first year and decreases in second year. The population of a town is 18,000. It increases by 10% during first year and by 20% during the second year. The population after 2 years will be
  • 20. Alternative Method Successive increments of 10% and 20% = 32%. Then, population will increase by 32% of 18000 = 5760 population after 2 years will be 18000+5760 = 23760
  • 21. EXAMPLES:-  A’s income is 70% of B’s income. B’s income is 50% of C’s income. If C’s income is Rs. 1, 00,000. What is A’s income?  If the price of an item is increased by 20% and then a discount of 10% is given on the increased price, what will be the effect on sale?  The number of seats in an auditorium is increased by 25%. The price on a ticket is also increased by 12%. What is the effect on
  • 22.  The length of a rectangle is increased by 10%. What will be the percentage decrease in its breadth so as to have the same area?  In a market survey, 20% opted for product B. The remaining individuals were uncertain. If the difference between those who opted for product B and those who were uncertain was 720, then how many individuals were covered in the survey?  Of the total amount received by Kiran, 20% was spent on purchases and 5% of the remaining on transportation. If he is left with Rs. 1520, the initial amount was  5% of income A is equal to 15% of income B and 10% of income B is equal to 20% of income C. if income of C is Rs. 2,000 , then the total income of A, B and C is
  • 23.  Arvind spend 75% of his income. His income is increase by 20% and he increases his expenditure by 10%. His saving is increased by how many percent?  Two numbers are respectively 19% and 70% more than a third number. What percentage is the first number out of the second?  Salary of A, B and C are in the ratio of 1:2:3. Salary of B and C together is Rs. 6,000. By what percent is the salary of C more than that of A?  The price of rice increased from Rs. 15 by 15% and then reduce by 30 paise. What was the net increase?  Successive discount of 30%, 20% and 10% are equivalent to a single discount of?
  • 24.  SUPPOSE that you are selling some article. You can sell that article at the price you bought, more than that or less than that, means in any such transaction three cases will be arise PROFIT, LOSS AND DISCOUNT
  • 25. THEORY AND CONCEPT  In day to day life we sell and purchase the things as per our requirement. A customer can get things in the following manners: Manufacturer (or producer) Whole seller (dealer) (shopkeeper) Retailer (or sells person) Customer
  • 26. TERMINOLOGY  COST PRICE – The money paid by the shopkeeper to the manufacturer or whole seller to buy the goods is called the cost price(CP) of the goods purchased by the shopkeeper.  Selling Price (SP) – The price at which the shopkeeper sells the goods is called the selling price (SP) of the goods sold by the shopkeeper. NOTE- If an article is purchased for some amount and three are some additional expenses or transportation labor, commission etc., these are to be added in the cost price. Such expenses are called overhead expenses or overheads.
  • 27. a. Cost price (C.P.) > selling price (S.P.) b. Cost price (C.P.) < selling price (S.P.) c. Cost price (C.P.) = selling price (S.P.) as a result either you will have profit (p) or loss (L) or no profit or no loss
  • 28. Profit & Loss can be defined in two ways A. In term of absolute amount: suppose that if CP of an article is Rs.200 and SP is 300. so profit is SP-CP = 300-200 = 100. B. In terms of percentage: wherenever you want to calculate the prpofit & loss in terms of percentage, it is always calculated on the basic of CP. In the above example the profit is Rs. 100on CP of 200, so the profit % is 50%
  • 29. IMPORTANT FORMULAE Profit = SP-CP Loss = CP – SP Profit percentage =
  • 30. NOTE – Profit & loss is always calculated on the basic of cost price unless otherwise mentioned in the problems
  • 31. MARK UP AND DISCOUNT MARKED PRICE – Basically to avoid the loss due to bargaining by the customer and to get the profit over the cost price trader increases the cost price by a certain value, this increase in the value over cost price is known as markup and the increase price is called the marked price or printed price or list price in the goods. Marked price = CP+ Markup Marked Price = CP +(% markup on CP)
  • 32. Discount : discount means reduction of marked price to selln at a lower rate or literally discount means concession. Basically it is calculated on the basic of marked price. Selling price = marked price – discount Selling price = Marked price – ( discount % on MP)
  • 33. Since markep price = CP+ % markup on CP remember markup is calculated on the basic of CP while discount is calculated on the basis on MP in general, CP>SP<MP at profit CP=SP<MP at no profit no loss SP<CP<MP at loss
  • 34. Type of questions Examples 1. If A sells to B at a profit of x%; B sells to C at a profit of y% and C pays Rs. P for it, find the cost for A. A sells a cycle to B at a profit of 10%, B sells to C at a profit of 20%. If C pays Rs. 264 for it, how much did A pay for it?
  • 35. Type of questions Examples 1. If cost price of A articles is equal to the selling price of B articles, find the profit percentage. The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percentage.
  • 36. Type of questions Examples 1. The cost price of two articles is same. If one is sold at a X% profit and the other at a loss of X %, find the profit or loss percentage. Amit buys 2 cows for Rs. 200 each. He sells one at a profit of 10% and the other at a loss of 10%. Find his profit or loss percentage.
  • 37. Approach For the equal profit & loss %age, there is no profit no loss
  • 38. Type of questions Examples 1. The selling price of two articles is same. If one is sold at a X% profit and the other at a loss of X %, find the profit or loss percentage. Amit sells 2 cows for Rs. 200 each. On one he gets a profit of 10%, while losing 10% on other. What is his overall profit or loss percentage?
  • 39. Approach For the same selling price & equal profit & loss percentage there is always a loss of
  • 40. Type of questions Examples 1. If x % discount on an articles is given on cash payment. Find the %age that should be marked above the cost price so as to make a profit of y%. A dealer allows a discount of 7% for cash payment. How much %age above the cost price should he marks his goods to make a profit of 10%
  • 42. Type of questions Examples 1. If a dealer sells goods at cost price but uses faulty weight, find his gain percentage. A dishonest dealer professes to sells to sell his goods at cost price, but he uses weight of 960 gm for 1 kg. find his profit %age.
  • 44. EXAMPLES :-  A boy buys eggs at 10 for Rs. 1.80 and sells them at 11 for Rs. 2. What is the profit or loss %?  a man bought 80 kg of rice for Rs. 88 and sold it at a loss of as much money he received for 20 kg. At what price did he sell it?  goods are purchased for Rs. 450 and one-third is sold at a loss of 10%. At what profit %age should the remainder be sold so as to gain 20 % on the whole transaction?
  • 45. a reduction of 10% in the price of sugar enables a man to buy 25 kg more for Rs. 225. What is the original price of sugar? a man sells an articles at a profit of 25%. If he had bought it at 20% less and sold it for Rs. 10.50 less, he would have gained 30%. Find the C.P. of the articles. if a commission of 10 % is given on the marked price of an articles, the gain is 25%. Find the gain %age, if the commission is increased to 20%. peanuts are sold at 60 per rupee. If the vendor decides to hike the S.P. by 20%, how many peanuts can be bought per rupee?
  • 46.  Sumeet buys 9 books for Rs. 100 but sells 8 for Rs. 100. What is the next %age of profit?  A person earns 15% on an investment but losses 10% on another investments. If the ratio of two investments be 3 : 5, what is the gain or loss on the two investments taken together?  Vivek purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table?