Profit Loss on Selling Multiple Items

Duration: 7 min

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Module outline

  1. About the course: About the Course
  2. Mathematical Aptitude: संख्या पद्धति / Number System, महत्तम समापवर्तक और लघुत्तम समापवर्त्य / HCF and LCM, Divisibility Rules, प्रतिशत / Percentage, अनुपात और समानुपात / Ratio and Proportion, औसत / Average, लाभ, हानि और बट्टा / Profit, Loss and Discount, समय और कार्य / Time and Work, घन क्षेत्रमिति / Solid Mensuration, साधारण और चक्रवृद्धि ब्याज / Simple and Compound Interest, समय, चाल और दूरी / Time, Speed and Distance, Age Problems, मिश्रण और एलिगेशन / Mixture and Alligation, Algebra, सरलीकरण, घातांक और करणी / Simplification, Indices and Surds, Pipe and Cistern, Trigonometry, Statistics, आँकड़ा निर्वचन / Data Interpretation, Arithmetic, समुच्चय, संबंध, फलन और विविक्त गणित / Sets, Relations, Functions and Discrete Mathematics, संख्या पद्धति और संख्या सिद्धांत / Number Systems and Number Theory, निर्देशांक ज्यामिति, सदिश और त्रिविमीय ज्यामिति / Coordinate Geometry, Vectors and 3D Geometry, बहुपद, समीकरण और सम्मिश्र संख्याएँ / Polynomials, Equations and Complex Numbers
  3. Logical Reasoning: श्रेणी / Series, कूट लेखन एवं कूट वाचन / Coding-Decoding, सादृश्यता एवं वर्गीकरण / Analogy and Classification, रक्त संबंध / Blood Relations, दिशा एवं दूरी / Direction and Distance, क्रम एवं रैंकिंग / Order and Ranking, अशाब्दिक तर्क / Non-Verbal Reasoning, बैठक व्यवस्था एवं पहेलियाँ / Seating Arrangement and Puzzles, Syllogisms, वेन आरेख, न्याय वाक्य एवं असमानता / Venn Diagrams, Syllogism and Inequalities, गणितीय संक्रियाएँ एवं लुप्त संख्या / Mathematical Operations and Missing Numbers, वर्णमाला एवं संख्या परीक्षण / Alphabet and Number Test, कथन आधारित तार्किक विवेचन / Statement-Based Reasoning, Analytical Reasoning (Counting Figures Reasoning), घन, पासा एवं आकृतियों की गिनती / Cubes, Dice and Figure Counting, कैलेंडर एवं घड़ी / Calendar and Clock, Clock
  4. General Knowledge: वैज्ञानिक उपलब्धियाँ और अनुसंधान / Scientific Achievements and Research, Chemistry, Biology, History, Geography, Polity, Indian Economy, समसामयिकी / Current Affairs, Static General Knowledge, राज्य विशेष सामान्य ज्ञान / State-Specific General Knowledge
  5. Art of Teaching: शिक्षण-अधिगम प्रक्रिया एवं कक्षा प्रबंधन / Teaching-Learning Process and Classroom Management, Learners & Learning Process, Factors Affecting Teaching, शिक्षण विधियाँ एवं उपागम / Teaching Methods and Approaches, सूक्ष्म शिक्षण एवं कक्षा संप्रेषण / Microteaching and Classroom Communication, शिक्षण सहायक सामग्री एवं शैक्षिक तकनीकी / Teaching Aids and Educational Technology, आकलन एवं मूल्यांकन / Assessment and Evaluation, शिक्षक: गुण, व्यावसायिक नैतिकता एवं विकास / Teacher: Qualities, Professional Ethics and Development, शैक्षिक नीतियाँ, अधिनियम एवं प्रशासन / Educational Policies, Acts and Administration, पाठ्यचर्या, कला एवं सह-शैक्षिक क्षेत्र / Curriculum, Arts and Co-curricular Areas, निर्देशन एवं परामर्श / Guidance and Counselling, दिव्यांग बच्चों की शिक्षा / Education of Children with Disabilities, Micro-Teaching & Teaching Skills, पाठ योजना / Lesson Planning
  6. Environmental Science: Environment
  7. Unit 1 | Digital Electronics: Digital Systems & Boolean Basics, Logic Gates & Hardware, Boolean Expression, Boolean Minimization, Combinational Circuit, Sequential Circuits, Number System, Number Representation
  8. Unit 2 | COA: Basics of COA, Floating Point Rep, Cache Memory Organization, Input Output Organisation, Instr Formats & Modes, Control Unit Design, Register Transfer and Microoperations, Programming the Basic Computer
  9. Unit 3 | C Programming: C Fundamentals, Control Flow, Functions, Arrays & Pointers, Storage Classes, Structures & Enums, DMA, Macros, Scoping & File Handling
  10. Unit 3 | Data Structures: Introduction to DS, Array, Stack, Queue, Linked List, Tree, Graphs, Hashing
  11. Unit 4 | Algorithms: Algorithm Analysis, Time Complexity Analysis, Sorting Algorithms, Dynamic Programming, Minimum Spanning Trees, Shortest Path Algos, Advanced Algorithms
  12. Unit 5 | Operating System: Introduction to OS, Process Management, CPU Scheduling, Process Synchronization, Threads & Process Creation, Deadlock, Memory Management, Virtual Memory, Disc Scheduling, File Management
  13. Unit 6 | Database Management System: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, Normalization (1NF - BCNF), Decomposition Properties & 4NF, File Organization & Indexing, Relational Algebra, SQL, Transaction Management, Concurrency Control
  14. Unit 7 | Computer Networks: 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
  15. Unit 8 | Software Engineering: Fundamentals of Software Engineering, Software Requirements and Quality Assurance, Software Design, Estimation and Metrics, Software Testing, Software Maintenance and Configuration Management
  16. Unit 9 | Object Oriented Programming: OOPS with C++
  17. Unit 10 | Web Development: HTML Basics, CSS, JavaScript-Basics, XML, Node.js, Git & Github, PHP
  18. Unit 11 | Theory Of Computation: Introduction to TOC, Deterministic FA (DFA), Non-Deterministic FA, Regular Expressions, Grammar, Regular Language Properties, Moore & Mealy Machines, Pushdown Automata & CFG, Turing Machines
  19. Unit 12 | IoT: Emerging Tech Trends, Cloud Computing, कंप्यूटर नेटवर्क / Computer Networks, Internet of Things
  20. Unit 13 | Artificial Intelligence: Approaches to AI, Search Algorithms, Game Playing, Knowledge Representation, Natural Language Processing, Artificial Neural Networks, Genetic Algorithms
  21. Unit 14 | E-Commerce: Electronic Data Interchange and E-Commerce, Role of Internet and Web Services, Security in Mobile and Wireless Computing, Physical Security and Cryptography Basics, Cyber Safety and Security
  22. Unit 15 | Multimedia: Multimedia
  23. Unit 16 | Python: Introduction to Python, Tokens, Variables, Data Types, I/O, Operators & Expressions, Control Flow & Looping, Collections & Strings, Functions & Modules, File Handling & Data Analysis, DSA using Python
  24. Full Length Mock Tests — General Paper:
  25. Full Length Mock Tests — Computer Science (Paper II):
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

The video is a tutorial on solving a profit and loss problem from a previous competitive exam. It begins by presenting a question about Vijay Malya selling 30 Kingfisher soda items at Rs. 1500, incurring a 25% loss, and then needing to find the new selling price 'x' to achieve a 20% profit. The instructor first demonstrates the 'Conventional Method' by calculating the cost price (CP) using the formula SP = CP(100-loss)/100, which results in CP = 200. He then calculates the new selling price for a 20% profit using SP = CP(100+profit)/100, which gives SP = 240. The final answer is the total selling price for 30 items, 240 * 30 = 7200. The video then introduces a faster 'Chain Rule' method, which directly calculates the new selling price as (100+profit)/(100-loss) * original SP, resulting in (120/75) * 1500 = 240, and then multiplies by 30 to get 7200. The video concludes with a 'Thanks for Watching' screen.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a title card displaying a 3D animation of a person on a seesaw, with 'PROFIT' on the left and 'LOSS' on the right, symbolizing the balance between profit and loss. This transitions to a slide with a question: 'Q1: Vijay Malya encounters 25% loss on selling 30 Kingfisher soda at Rs. 1500. Now in order to gain 20% profit on same 30 items, he sells these items at some 'x' rupees. Find the value of 'x' ?'. The slide also includes a meme of three men on a motorcycle with the text 'JALDI AIRPORT BHAGA' and 'VIJAY MALLYA RETURN AA RAHA HAI..'. The instructor, Yash Jain Sir, is visible in a small window, introducing the problem and stating it's an important question from the 2018 TCS exam.

  2. 2:00 – 5:00 02:00-05:00

    The instructor begins the 'Conventional Method' of solving the problem. He writes on a virtual green board, starting with the formula for selling price with a loss: SP = CP(100-loss)/100. He substitutes the given values: 1500 = CP(100-25)/100, which simplifies to 1500 = CP(75)/100. He then solves for CP, writing CP = (1500 * 100) / 75, which he calculates as CP = 200. He then uses the formula for selling price with a profit: SP = CP(100+profit)/100. Substituting the values, he writes SP = 200(100+20)/100, which simplifies to SP = 200(120)/100, resulting in SP = 240. He notes that this is the selling price per item.

  3. 5:00 – 7:20 05:00-07:20

    The instructor introduces the 'Chain Rule (5 second Short Trick)'. He writes the formula: (100+profit)/(100-loss) * original SP. He substitutes the values: (100+20)/(100-25) * 1500, which is (120/75) * 1500. He simplifies 120/75 to 8/5, so the calculation becomes (8/5) * 1500 = 240. He confirms this is the new selling price per item. He then multiplies 240 by 30 to get the total selling price for all 30 items, which is 7200. The final answer is x = 7200. The video ends with a 'Thanks for Watching' screen.

The video provides a comprehensive solution to a profit and loss problem, demonstrating two distinct methods. The 'Conventional Method' is a step-by-step approach that first calculates the cost price from the initial loss and then uses it to find the new selling price for the desired profit. The 'Chain Rule' method is a shortcut that directly relates the new selling price to the old one using the ratio of the profit and loss percentages, allowing for a much faster calculation. The core concept is that the cost price remains constant, and the problem is solved by finding the new selling price that yields a 20% profit on that fixed cost.

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