Profit Loss Percent on Multiple Items

Duration: 9 min

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Inside: a video lesson and guided study material.

Module outline

  1. About the course: About the Course
  2. General Knowledge: Polity, Physics, Biology, State Wise GK, Chemistry, History, Geography, GK- Current Affairs, Indian Economy, Static General Knowledge, Environment, Evolution of Indian Banking (Banking & Financial Awareness)
  3. Mental Aptitude and Reasoning: Ratio and Proportion (Ratios), Divisibility Rules, Data Interpretation, Permutation and Combination, Number System, Sequence and Series (Series), Speed Time and Distance, Series (Number and Letter Series) (Numerical Relations and Reasoning), Coding Decoding, Data Sufficiency, Non Verbal Reasoning (Spatial Aptitude) (Spatial Reasoning) (Visual Reasoning), Vocabulary, Profit and Loss, Arithmetic, Mental Ability, Percentage, Algebra, Mensuration and Geometry, Age Problems, Clock, Calendar, Verbal Analogy (Word Based Analogy), Deductive and Inductive Reasoning (Logical Deduction and Induction) (Prepositional Reasoning), Analogy, Analytical Reasoning (Counting Figures Reasoning), Puzzle Solving (Puzzles), Selection Decision Table (Decision Making), Cubes & Dices, Blood Relations, Venn Diagram, Logical Sequence Of Words, Inequality, Directions (Direction Test), Data Arrangement, Facts, Inference and Judgements, Syllogisms, Seating Arrangements, Ranking, Order and Sequence
  4. CS | Computer Fundamentals: Basics of COA, Number System, Number Representation, C Fundamentals, Algorithm Analysis, Input Output Organisation
  5. CS | Database Management System: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, SQL
  6. CS | Workplace productivity Tools: MS Office Applications, Keyboard Shortcuts
  7. CS | Computer Networks: Introduction to CN, Data Communication, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Transport Layer Services, Application Layer, Hardware Basics, Network Security
  8. CS | The Internet: Website, Browser & Services, Internet Fundamentals, Web Design & Development, Web Publishing & Hosting, Server Side & Security, Emerging Technologies
  9. CS | Emerging Technologies: Artificial Intelligence, Emerging Tech Trends, Introduction to OS, Windows OS, Linux OS, Unix OS, JavaScript-Basics
  10. CS | Boolean algebra: Digital Systems & Boolean Basics, Boolean Expression, Boolean Minimization, Logic Gates & Hardware
  11. CS | Data Structures: Introduction to DS, Array, Stack, Queue
  12. CS | Cryptography: Society, Law & Ethics, Cyber Threats and Malware Attacks, Role of Internet and Web Services, Security in Mobile and Wireless Computing, Electronic Data Interchange and E-Commerce, Physical Security and Cryptography Basics, Intrusion Detection Systems (IDS), Cyber Safety and Security
  13. UP Police Previous Year Papers:
  14. UP Police Full Mock Tests:
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This video is a tutorial on solving a profit and loss problem from an Infosys exam, presented by an instructor from Knowledge Gate. The core problem involves a man who buys 11 Surflexcel pouches for 10 rupees and sells 10 pouches for 11 rupees, and the task is to find the total profit or loss percentage. The instructor first demonstrates the 'traditional method' by calculating the cost price (CP) and selling price (SP) per pouch, then determining the total CP and SP for a common number of pouches (110) to find the overall profit percentage. He then introduces a 'short trick' method, which uses the formula: (a/b) * (c/d) - 1, where a is the number of items bought, b is the cost for those items, c is the number of items sold, and d is the selling price for those items. This trick directly yields the profit percentage. The video uses a digital whiteboard to write out the calculations and formulas, and the instructor explains each step clearly.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a title card for a problem from an Infosys exam, asking to find the total profit or loss percentage for a transaction involving Surflexcel pouches. The instructor, Yash Jain Sir, introduces the problem: a man purchases 11 pouches for 10 rupees and sells 10 pouches for 11 rupees. He states that the question is from the Infosys exam (2010) and will be solved using a traditional method. The on-screen text clearly presents the problem statement and the instructor's name and channel, Knowledge Gate Educator.

  2. 2:00 – 5:00 02:00-05:00

    The instructor begins the 'traditional method' of solving the problem. He writes on a digital whiteboard, first calculating the cost price (CP) per pouch as 10/11 rupees and the selling price (SP) per pouch as 11/10 rupees. He then explains that to find the overall profit, he needs a common number of pouches. He calculates the total cost for 110 pouches (110 * 10/11 = 100 rupees) and the total selling price for 110 pouches (110 * 11/10 = 121 rupees). The profit is 121 - 100 = 21 rupees. The profit percentage is then calculated as (21/100) * 100 = 21%.

  3. 5:00 – 8:37 05:00-08:37

    The instructor introduces a 'short trick' to solve the problem in 2-3 seconds. He writes the formula: (a/b) * (c/d) - 1, where a=11 (pouches bought), b=10 (cost), c=10 (pouches sold), d=11 (selling price). He substitutes the values: (11/10) * (10/11) - 1 = 1 - 1 = 0. He then explains that this is incorrect and corrects the formula to (a/b) * (d/c) - 1, which gives (11/10) * (11/10) - 1 = 121/100 - 1 = 21/100 = 21%. He confirms the answer is 21% profit. The video ends with a 'Thanks for Watching' screen.

The video effectively teaches a common aptitude test problem by first presenting a detailed, step-by-step traditional method to build a solid understanding of the underlying concepts of cost price, selling price, and profit percentage. It then transitions to a more efficient 'short trick' method, demonstrating how to apply a formula to solve the same problem quickly. This progression from foundational understanding to a time-saving technique is a classic pedagogical approach for exam preparation, ensuring students can both understand the logic and apply a fast solution under time pressure.

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