Short Tricks to Solve Questions Quickly

Duration: 11 min

This video lesson is available to enrolled students.

Return to /learn/AMCAT-PREPARATION/quantitative-ability/profit-and-loss/basic-concepts-formulas-and-quick-transformations/asset-short-tricks-to-solve-questions-quickly after enrolling

Inside: a video lesson and guided study material.

Module outline

  1. Quantitative Ability: Percentage, Profit and Loss, Ratio and Proportion (Ratios), Average, Time and Work, Speed Time and Distance, Simple Interest and Compound Interest, Age Problems, Number System, Divisibility Rules, HCF LCM, Algebra, Permutation and Combination, Probability, Data Interpretation, Logarithm, Sequence and Series (Series), Powers and Exponents (Surds and Indices), Speed Mathematics and Basic Mathematics
  2. Logical Reasoning: Seating Arrangements, Puzzle Solving (Puzzles), Data Arrangement, Coding Decoding, Blood Relations, Directions (Direction Test), Ranking, Order and Sequence, Data Sufficiency, Venn Diagram, Inequality, Series (Number and Letter Series) (Numerical Relations and Reasoning), Logical Sequence Of Words, Deductive and Inductive Reasoning (Logical Deduction and Induction) (Prepositional Reasoning), Selection Decision Table (Decision Making), Analogy, Non Verbal Reasoning (Spatial Aptitude) (Spatial Reasoning) (Visual Reasoning)
  3. Verbal Ability: Comprehension / Reading Comprehension / Unseen Passages (Critical Reasoning) (Paragraph Questions), Subject Verb Agreement (Verb Noun Agreement), Tenses, Articles, Preposition, Conjunction, Modals, Active Passive Voice (Voice), Direct and Indirect Speech, Vocabulary, Sentence Re-arrangements (Para Jumbles) (Narrative Sequencing), Sentence Completion (Fill in the blanks), Sentence Correction (Error Correction), Cloze Test (Cloze Passage), Facts, Inference and Judgements
  4. Programming Fundamentals (Technical): C Fundamentals
  5. Data Structures (Technical): Introduction to DS, Array, Stack, Queue, Linked List, Tree, Graphs, Hashing
  6. Algorithms (Technical): Algorithm Analysis, Sorting Algorithms, Greedy Algorithms, Dynamic Programming, Minimum Spanning Trees, Shortest Path Algos, Time Complexity Analysis, Advanced Algorithms
  7. OOPs (Technical): Object Oriented Programming (OOPS)
  8. DBMS (Technical): Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, Normalization (1NF - BCNF), Decomposition Properties & 4NF, File Organization & Indexing, Relational Algebra, Relational Calculus, Transaction Management, Concurrency Control, Database Recovery, ORDBMS, Database Security & Authorization, Query Processing & Optimization, Enhanced Data Models, Data Warehousing & Mining, Big Data Systems, NoSQL
  9. SQL (Technical): SQL
  10. Operating Systems (Technical): Introduction to OS, Process Management, CPU Scheduling, Process Synchronization, Deadlock, Threads & Process Creation, Memory Management, Virtual Memory, Disc Scheduling, File Management, Windows OS, Linux OS, Security, Distributed Systems, Virtual Machines
  11. Computer Networks (Technical): Introduction to CN, Data Communication, DLL: Access Control, DLL: Flow Control, DLL: Error Control, DLL: Framing, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Net Layer:Routing Protocol, Transport Layer Services, TL: Congestion & UDP, Application Layer, Hardware basics, Network Security, Mobile Technology, Cloud Computing and IoT, Cyber and Info Security
  12. Software Engineering (Technical): Fundamentals of Software Engineering, Software Requirements and Quality Assurance, Software Design, Estimation and Metrics, Software Testing, Software Maintenance and Configuration Management
  13. Coding/Automata Round: Coding Questions by Yash Sir, C Programming by Yash Sir, Programming in C++, Java, Python for Placements by Yash Sir, Pseudo Codes
  14. Personality / Behavioral Assessment: Behavioral Assessment (Behavioral Competency Profiling) (Psychometric Test)
  15. Writing Assessment: English Writing Ability
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This educational video is a comprehensive lecture on profit and loss calculations, presented by an instructor from Knowledge Gate. The video begins with a conceptual introduction using a balance scale to illustrate the relationship between profit and loss. It then systematically introduces key formulas for calculating profit, loss, and selling price (SP) in terms of cost price (CP) and marked price (MP), using the standard formulas: Profit = (Profit% / 100) * CP, Loss = (Loss% / 100) * MP, SP = CP(100 + P)/100, and SP = MP(100 - d)/100. The core of the video is a detailed, step-by-step solution to a specific problem: finding the cost price of an article sold for Rs. 300 at a 25% loss. The instructor demonstrates three distinct methods to solve this: the Formula Method, the Percentage Method, and the Ratio Method. Each method is clearly explained and written out on a virtual green board, showing the logical progression from the given data to the final answer. The video concludes with a thank you message, emphasizing its purpose as a resource for aptitude preparation.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a conceptual diagram of a 3D white figure standing on a balance scale, with the words 'PROFIT' in green on the left and 'LOSS' in red on the right, visually representing the core topic. The scene then transitions to a virtual green board where the instructor begins to write the fundamental formulas for profit and loss. The first formula written is 'Profit = (Profit% / 100) * CP' (labeled as ①). The instructor then writes the formula for loss: 'Loss = (Loss% / 100) * MP' (labeled as ②). The video also shows a small inset of the instructor, Yash Jain Sir, and text indicating the content is from 'Knowledge Gate Educator'.

  2. 2:00 – 5:00 02:00-05:00

    The instructor continues to build the foundational formulas on the green board. He writes the formula for Selling Price (SP) in terms of Cost Price (CP) and Profit Percentage: 'SP = CP(100 + P)/100' (labeled as ③). He then writes the formula for SP in terms of Marked Price (MP) and Discount Percentage: 'SP = MP(100 - d)/100' (labeled as ④). The instructor explains these formulas, emphasizing their importance for solving problems. The on-screen text 'IMPORTANT FORMULAS DISCUSSED SO FAR' remains at the top, and the 'KNOWLEDGE GATE' logo is visible at the bottom right.

  3. 5:00 – 10:00 05:00-10:00

    The video transitions to a specific problem: 'Q1: Find the cost price of an article which is sold at Rs. 300 at a loss of 25%?'. The instructor introduces three methods to solve it. First, he uses the 'In terms of Percentage' method, writing 'SP = CP(100 - L)/100' and substituting the values to get '300 = CP(75/100)', which he solves to find CP = 400. Next, he demonstrates the 'In terms of Ratio' method, showing that a 25% loss means the ratio of CP to SP is 4:3, and using the proportion '3 parts = 300', he finds 1 part = 100, so CP = 4 parts = 400. The instructor clearly labels each method and shows the step-by-step calculations.

  4. 10:00 – 11:09 10:00-11:09

    The instructor presents the third method, the 'Percentage Method', to solve the same problem. He writes 'CP = 100%' and 'SP = 75%' (since a 25% loss means SP is 75% of CP). He then sets up the proportion '75% → 300', and calculates '1% → 4', leading to '100% → 400'. This confirms the cost price is Rs. 400. The video concludes with a final screen displaying 'THANKS FOR WATCHING' over a blue, abstract background with mathematical symbols, reinforcing the educational purpose of the content.

The video provides a structured and methodical approach to solving profit and loss problems. It begins by establishing the core mathematical relationships through formulas, then applies these concepts to a real-world problem. The key teaching strategy is the demonstration of multiple solution methods—Formula, Percentage, and Ratio—each offering a different perspective and reinforcing the underlying principles. This multi-method approach helps students understand the problem from various angles and choose the most efficient technique for different scenarios, making the lesson both comprehensive and practical for aptitude test preparation.

Loading lesson…