Created from Youtube video: https://www.youtube.com/watch?v=T2odvmxqi1Ivideo

Concepts covered:profit and loss, formulas, percentage profit, cost price, selling price

Learn essential profit and loss formulas with detailed examples, including calculating profit percentages, cost prices, selling prices, and more. Understand how to determine profit or loss percentages based on cost and selling prices.

Table of Contents1.Profit and Loss Formulas and Examples2.Profit Calculation for Remaining Fans and Chocolates3.Calculation of Original Price of a Statue with Profit Percentage4.Calculating Profit and Ratios in Book Selling5.Profit and Loss Calculation with Examples

chapter

1

Profit and Loss Formulas and Examples

Concepts covered:profit and loss, formulas, profit percentage, selling price, cost price

Learn essential profit and loss formulas and concepts, including calculating profit percentage, selling price, and cost price. Explore practical examples to understand how to solve profit and loss problems effectively.

Question 1

What are the two main formulas for profit and loss?

Question 2

What is the formula for selling price with profit percentage?

Question 3

What is the formula for selling price with loss percentage?

chapter

2

Profit Calculation for Remaining Fans and Chocolates

Concepts covered:profit calculation, remaining fans, chocolates, selling price, cost price

The chapter discusses how Chaman calculates the profit percentage needed to achieve a total of 20% profit on the sale of remaining fans after selling 40 fans at a 10% profit. It also explains how Suman determines the selling price of each chocolate after giving 25% to Rakesh at cost price.

Question 4

What is the profit percentage for remaining fans?

Question 5

What is the total profit for 160 fans?

Question 6

What is the selling price of each chocolate?

chapter

3

Calculation of Original Price of a Statue with Profit Percentage

Concepts covered:statue, profit percentage, original price, discount, calculation

Ramesh sold a statue for a price 25% higher than the original price, having bought it at a 20% discount. By solving for the original price using the given profit amount, the original price of the statue is calculated to be 4500 rupees.

Question 7

What is the profit percentage of P?

Question 8

What is the original price if profit is 2025?

Question 9

What is 125% of the original price P?

chapter

4

Calculating Profit and Ratios in Book Selling

Concepts covered:profit calculation, cost price, printed price, selling price, ratio calculation

Explains how to calculate profit and ratios in book selling scenarios where a shopkeeper earns a 15% profit after offering a 20% discount on the printed price. Demonstrates the calculation of cost price to printed price ratio and profit percentage based on selling price.

Question 10

How to express selling price with 15% profit?

Question 11

What is the CP:PP ratio if profit is 15%?

Question 12

What is the profit percent if CP:SP is 4:5?

chapter

5

Profit and Loss Calculation with Examples

Concepts covered:profit and loss, percentage calculation, cost price, selling price, arbitrary values

Explains how to calculate profit and loss percentages using simple examples. Demonstrates the concept by assuming arbitrary values for cost price and selling price, making it easy to understand.

Question 13

How is profit percentage calculated?

Question 14

What is the profit percent for lemons?

Question 15

What is the profit per article?

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