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<html><body><h2 id="content-id-2736108954-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Rbi Assistant Exam and the type of question asked in Rbi Assistant exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-9568401237-3"><b>Question On Profit And Loss </b></h2>The marked price of an article is â&#130;¹Y more than its selling price. If the selling price had been â&#130;¹(Y − 20) higher than the actual selling price, the profit would have been 40%. The cost price of the article is â&#130;¹120, then find the marked price of the article (in â&#130;¹).
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 41 Seconds </h3></div></div><h2 id="content-id-6702194583-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>200</p>
</li><li><p>188</p>
</li><li><p>210</p>
</li><li><p>180</p>
</li><li><p>250</p>
</li></ol> <h2 id="content-id-7015426839-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 2 </strong>i.e. <strong>188</strong>.</p>

<p>Given, CP = 120</p>

<p>Let the actual SP of the article be X.</p>

<p>MP = X + Y</p>

<p>Also, SP when profit is 40% = CP × (100 + P)/100</p>

<p>⇒ 120 × 140/100 = 168</p>

<p>New SP = Actual SP + (Y - 20)</p>

<p>⇒ 168 = X + Y - 20</p>

<p>⇒ X = 188 - Y</p>

<p>Put this value in MP = X + Y</p>

<p>⇒ MP = 188 - Y + Y = 188</p>
<h2 id="content-id-7148609253-6"><b> Profit And Loss Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Profit_And_Loss_Questions_Tips_and_Tricks.png" alt="Profit And Loss Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Profit And Loss Questions without taking any help from the solutions.</li><li>Profit And Loss Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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The correct answer is option 2 i.e. 1 - Profit And Loss Questions are asked in Rbi Assistant exams and your question has been explained by experts like Neetu Mam.

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