Question

A cow sell in 1230 rupee see that the gain if the cow sell in 970 rupee then the loss is happen is equal to the gain so that what is the real prize of the cow

Answer 1

Answer:

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Profit and Loss Problems - Formulas for Profit and Loss - Quantitative Aptitude Questions and Quiz

Basic Definitions and Formulas for Profit and Loss

Cost Price (CP) - This is the price at which an article is purchased.

Selling Price (SP) - This is the price at which an article is sold.

Profit or Gain - If the selling price is more than the cost price, the difference between them is the profit incurred.

Profit or Gain = Selling price (SP) – Cost price (CP)

Loss - If the selling price is less than the cost price, the difference between them is the loss incurred.

Loss = Cost price (CP) – Selling price (SP)

Gain on Rs. 100 is Gain Percent

Gain% = (Gain * 100)/CP

Loss on Rs. 100 is Loss Percent

Loss% = (Loss * 100)/CP

Profit or Loss is always calculated on the cost price.

Marked Price - This is the price marked as the selling price on an article, also known as the listed price.

Discount or Rebate - This is the reduction in price offered on the marked or listed price.

If an article is sold at a gain of 10%, then SP = 110% of CP.

If an article is sold at a loss of 10%, then SP = 90% of CP.

Step-by-step explanation:

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