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Aptitude Shortcuts and Mind Tricks for Profit and Loss Problems:
Model Question in Profit and Loss Method:
1.) A sells a bicycle to B at a profit of 20%, and B sells it to C at a profit of 25%. If C pays Rs.
225 for it, then what is the Cost Price of A?
Shortcut Method:
X(Cost Prize of A)

120 (+20% )
100 ( %)

125 (+25 % )
100 ( %)

= 225

## Here, 225 is the C P of C.

CP= Cost Price
This is the rapid method for solving this type of problems.
Solution:
120

X 100

125
100

= 225,

## Simplify the above equation, then we will get,

X = 150, So the Cost Price of A is Rs. 150.
More Model Questions:
2.) A sells a bicycle to B at a profit of 40%, and B sells it to C at a loss of 20%. If C pays Rs.
140 for it, then what is the Cost Price of A?
Shortcut Method:
X(Cost Prize of A)

140 (+40% )
100 ( %)

## Here, 140 is the C P of C.

CP= Cost Price
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80 (20 % )
100 ( %)

= 140

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This is the rapid method for solving this type of problems.
Solution:
140

X 100

80
100

= 140,

## Simplify the above equation, then we will get,

X = 125, So the Cost Price of A is Rs. 125.
3.) A sold a watch at gain of 15% to B and B sold it to C at a loss of 20% and C sold it to D
at a loss of 25%. If the Cost Price of A is Rs. 500, find the price paid by D?
Shortcut Method:
500 (CP of A)

115 (+15% )
100 ( %)

80 (20% )
100 ( %)

75 (25% )

100 ( %)

=X

## Assume that X as the price paid by D.

CP= Cost Price
This is the rapid method for solving this type of problems.
Solution:
115

500 100

80
100

75
100

= X,

## Simplify the above equation, then we will get,

X = 345, So the Cost Price of D is Rs. 345.
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