Find Profit & Loss Percent

Duration: 10 min

This video lesson is available to enrolled students.

Return to /learn/BPSC/part-2-primary-maths/profit-and-loss/overall-profit-and-loss-combined-transactions/asset-find-profit-loss-percent after enrolling

Inside: a video lesson and guided study material.

Module outline

  1. About the Course: About the Course
  2. Section 1 | भाषा (हिंदी) / Language (Hindi): भाषा, लिपि और वर्ण, वर्तनी, वर्ण-विन्यास, अनुस्वार, अनुनासिक, चंद्रबिंदु और ‘र’ के रूप, शब्द, पद और शब्द-भेद, संज्ञा और सर्वनाम, पद-भेद और रूप-विकार, लिंग, वचन, पुरुष और कारक, काल, वाच्य, वाक्य और वाक्य-भेद, संधि, समास, विलोम शब्द, पर्यायवाची शब्द, सामान्य अशुद्धियाँ, अनेक शब्दों के लिए एक शब्द, शब्द-भंडार, अपठित बोध, बहुविषयक सामग्री (विभिन्न अवधारणाओं से संबंधित सामग्री), वर्णमाला
  3. Section 1 | اردو زبان / Language (Urdu) — 22 Questions (Fixed): رسم الخط، حروفِ تہجی اور املا, اسم، ضمیر اور صفت, الفاظ، محاورے اور ضرب الامثال, تفہیمِ عبارت، انشا اور ترجمہ, تفہیم
  4. Section 1 | বাংলা ভাষা / Language (Bengali) — 22 Questions (Fixed): শব্দার্থ, বাগধারা ও ভাষাশুদ্ধি, বাক্য ও বাচ্য, শব্দগঠন ও শব্দভান্ডার, অনুবাদ, বোধপরীক্ষণ ও রচনা
  5. Section 1 | Language (English): Vocabulary, Noun, Subject Verb Agreement (Verb Noun Agreement), Adjectives, Verbs and Tenses, Pronoun, Verb, Adverb, Prepositions and Conjunctions, Parts of Speech, Determiner, Conjunction, Modals, Transformation of Sentences, Direct and Indirect Speech, Sentence Correction (Error Correction), Sentence Completion (Fill in the blanks), Sentence Construction, Sentence Structure and Common Errors, Reading Comprehension, Cloze Test (Cloze Passage), Verbal Analogy (Word Based Analogy), Facts, Inference and Judgements
  6. Section 2 | Primary Maths & Reasoning / प्राथमिक गणित एवं तर्कशक्ति: Ratio and Proportion / अनुपात और समानुपात, Divisibility Rules / विभाज्यता के नियम, Mixture and Alligation / मिश्रण और एलिगेशन, Permutation and Combination / क्रमचय और संचय, Number System / संख्या पद्धति, HCF and LCM / महत्तम समापवर्तक और लघुत्तम समापवर्त्य, Sequences, Series and Combinatorics / अनुक्रम, श्रेणी और संयोजन, Time, Speed and Distance / समय, चाल और दूरी, Series / श्रेणी, Coding-Decoding / कूट लेखन एवं कूट वाचन, Non-Verbal Reasoning / अशाब्दिक तर्क, Percentage / प्रतिशत, Average / औसत, Profit, Loss and Discount / लाभ, हानि और बट्टा, Simple and Compound Interest / साधारण और चक्रवृद्धि ब्याज, Time and Work / समय और कार्य, Solid Mensuration / घन क्षेत्रमिति, Age Problems / आयु संबंधी प्रश्न, Arithmetic / अंकगणित, Simplification, Indices and Surds / सरलीकरण, घातांक और करणी, Algebra / बीजगणित, Probability / प्रायिकता, Trigonometry / त्रिकोणमिति, Syllogisms / न्यायवाक्य, Seating Arrangement and Puzzles / बैठक व्यवस्था एवं पहेलियाँ, Blood Relations / रक्त संबंध, Direction and Distance / दिशा एवं दूरी, Analytical Reasoning (Counting Figures Reasoning) / विश्लेषणात्मक तर्क (आकृति गणना तर्क), Mathematical Operations and Missing Numbers / गणितीय संक्रियाएँ एवं लुप्त संख्या, Calendar and Clock / कैलेंडर एवं घड़ी, Clock / घड़ी, Cubes, Dice and Figure Counting / घन, पासा एवं आकृतियों की गिनती, Venn Diagrams, Syllogism and Inequalities / वेन आरेख, न्याय वाक्य एवं असमानता, Data Arrangement / आँकड़ों की व्यवस्था, Inequality / असमानता, Analogy and Classification / सादृश्यता एवं वर्गीकरण, Order and Ranking / क्रम एवं रैंकिंग, Sets, Relations, Functions and Discrete Mathematics / समुच्चय, संबंध, फलन और विविक्त गणित, Number Systems and Number Theory / संख्या पद्धति और संख्या सिद्धांत, Coordinate Geometry, Vectors and 3D Geometry / निर्देशांक ज्यामिति, सदिश और त्रिविमीय ज्यामिति, Polynomials, Equations and Complex Numbers / बहुपद, समीकरण और सम्मिश्र संख्याएँ
  7. Section 2 | General Awareness (GK + Current Affairs) / सामान्य जागरूकता (GK + समसामयिकी): Polity / राजव्यवस्था, Scientific Achievements and Research / वैज्ञानिक उपलब्धियाँ और अनुसंधान, Biology / जीव विज्ञान, State-Specific General Knowledge / राज्य विशेष सामान्य ज्ञान, Chemistry / रसायन विज्ञान, History / इतिहास, Geography / भूगोल, Indian Economy / भारतीय अर्थव्यवस्था, Environment / पर्यावरण, Current Affairs / समसामयिकी, Static General Knowledge / स्थैतिक सामान्य ज्ञान
  8. Section 3 | Computer System and Org. (CSO): Basics of COA, Floating Point Rep, Cache Memory Organization, Instr Formats & Modes, Programming the Basic Computer, Input Output Organisation, Register Transfer and Microoperations, Control Unit Design
  9. Section 3 | Database Management System: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, Normalization (1NF - BCNF), Decomposition Properties & 4NF, SQL, File Organization & Indexing, Relational Algebra, Relational Calculus, Transaction Management, Concurrency Control
  10. Section 3 | Operating System: Introduction to OS, Process Management, CPU Scheduling, Threads & Process Creation, Memory Management, Virtual Memory, Disc Scheduling, File Management, Process Synchronization
  11. Section 3 | Computer Networks: Introduction to CN, Data Communication, DLL: Access Control, DLL: Flow Control, DLL: Error Control, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Transport Layer Services, TL: Congestion & UDP, Application Layer, Hardware basics
  12. Section 3 | Data Structures: Introduction to DS, Array, Stack, Queue, Linked List, Tree, Graphs, Hashing, Algorithm Analysis, Time Complexity Analysis, Sorting Algorithms, Greedy Algorithms, Minimum Spanning Trees, Shortest Path Algos
  13. Section 3 | Theory Of Computation & Compiler Design: Introduction to TOC, Deterministic FA (DFA), Non-Deterministic FA, Regular Expressions, Grammar, Regular Language Properties, Moore & Mealy Machines, Pushdown Automata & CFG, Turing Machines, Intro to Compilers, Lexical Analysis, Grammar & CFG, Syntax Analysis: Top-Down, Syntax Analysis: Bottom-Up, Semantic Analysis & SDT, Intermediate Code Gen, Code Optimization
  14. Section 3 | Emerging Trends (AI, Societal Ethics & MS Office): Computer Fundamentals, Emerging Tech Trends, Society, Law & Ethics, MS Office Applications, Trade, Marketing and Consumer Protection / व्यापार, विपणन एवं उपभोक्ता संरक्षण, Cyber Safety and Security, Computer Software, Operating System, Computer Networks, Word Processing (MS Word), Terms & Abbreviations, Presentation Software (MS PowerPoint), Internet of Things, Cloud Computing
  15. Section 3 | Software Engineering: Fundamentals of Software Engineering, Software Requirements and Quality Assurance, Software Design, Estimation and Metrics, Software Maintenance and Configuration Management, Software Testing
  16. Section 3 | C Programming: C Fundamentals, Control Flow, Functions, Arrays & Pointers, Storage Classes, Structures & Enums, DMA, Macros, Scoping & File Handling
  17. Section 3 | OOPS, C++, JAVA, HTML: OOPS with C++, Java, HTML Basics, CSS
  18. Section 3 | Java: Java Fundamentals, Array, String, IO & References, OOPS with Java
  19. Section 3 | Python: Introduction to Python, Tokens, Variables, Data Types, I/O, Operators & Expressions, Control Flow & Looping, Collections & Strings, Functions & Modules, File Handling & Data Analysis
  20. Section 3 | Digital Electronics: Digital Systems & Boolean Basics, Logic Gates & Hardware, Boolean Expression, Boolean Minimization, Combinational Circuit, Sequential Circuits, Number System, Number Representation
  21. Section 3 | Multimedia: Multimedia
  22. BPSC Previous Year Papers:
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This educational video is a tutorial on solving profit and loss problems, presented by a teacher from Knowledge Gate. The video begins with a conceptual image of a balance scale, symbolizing the core idea of balancing profit and loss. The main content consists of two problems. The first problem, presented as a question from the AMCAT exam, involves calculating the new profit or loss percentage when the selling price and quantity change, given an initial 20% loss. The instructor uses a method of equating the cost price (CP) across both scenarios to find the new profit percentage, which is determined to be a 60% loss. The second problem, from an Accenture exam, asks for the number of bananas to be sold at a new price to achieve a 20% profit, given an initial 30% loss. The instructor solves this by first finding the cost price per banana and then calculating the required quantity. The video uses a digital whiteboard for all calculations and includes on-screen text for the questions and branding.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a conceptual image of a white 3D figure standing on a balance scale, with the word "PROFIT" in green on the left side and "LOSS" in red on the right, visually representing the core concept of profit and loss. This transitions to a screen displaying a question from the AMCAT exam: "Dr. Salunkhe of CID encounters 20% loss on selling 50 Corona Vaccine at Rs. 600. Now on selling 80 Vaccines for Rs. 480, what is the loss percent or profit percent?" The instructor, visible in a small window, introduces the problem, which is presented as an important question from the 2019 AMCAT exam. The on-screen text also includes a humorous news headline about Dr. Salunkhe and Neha Dhupia, and a note about a quiz on previous year IT companies at the end of the video.

  2. 2:00 – 5:00 02:00-05:00

    The instructor begins solving the first problem on a digital green chalkboard. He starts by writing the formula for cost price (CP) in terms of selling price (SP) and loss percentage: CP = (SP / (100 - Loss%)) * 100. He then calculates the cost price for the first scenario: CP = (600 / (100 - 20)) * 100 = (600 / 80) * 100 = 750. He then sets up an equation to find the new profit or loss percentage (x) for the second scenario, where 80 vaccines are sold for Rs. 480. The equation is: 750 = (480 / (100 + x)) * 100. He simplifies this to 7.5 = 480 / (100 + x), then 7.5 * (100 + x) = 480, which becomes 750 + 7.5x = 480. Solving for x, he gets 7.5x = -270, and finally x = -36. This indicates a loss of 36%. However, the instructor then re-evaluates the calculation, and the final answer shown on the board is a 60% loss, suggesting a different approach or a correction in the calculation process.

  3. 5:00 – 9:33 05:00-09:33

    The instructor moves to the second problem, which is displayed on screen: "On selling 60 bananas at Rs. 210, a shopkeeper encounters 30% loss. On selling how many bananas at Rs. 180, the shopkeeper will gain 20% profit?" He begins by calculating the cost price (CP) for the first scenario using the formula CP = (SP / (100 - Loss%)) * 100. He calculates CP = (210 / (100 - 30)) * 100 = (210 / 70) * 100 = 300. This is the total cost price for 60 bananas. He then calculates the cost price per banana as 300 / 60 = Rs. 5. To achieve a 20% profit, the selling price (SP) per banana must be CP * (100 + Profit%) / 100 = 5 * 120 / 100 = Rs. 6. The new selling price for the entire lot is given as Rs. 180. Therefore, the number of bananas that can be sold at Rs. 6 each to get Rs. 180 is 180 / 6 = 30. The instructor writes the final answer as 30 bananas. The video concludes with a "THANKS FOR WATCHING" screen.

The video provides a structured, step-by-step tutorial on solving profit and loss problems, a common topic in quantitative aptitude exams. It demonstrates two distinct problem types: one where the cost price is constant and the profit/loss percentage is to be found, and another where the cost price is derived from one scenario to find a required quantity in a different scenario. The core method involves using the fundamental formulas for cost price and selling price, and the instructor emphasizes the importance of setting up correct equations. The progression from a conceptual image to two detailed, worked examples effectively reinforces the application of these formulas in different contexts.

Loading lesson…