Marked Price : It is the price before discount given

Selling price = Marked price - Discount value

Hint 9 :

Marked price = M.P, Discount = D%

Then, Discount value = (D% ) x M.P

Selling price (S.P) = (100 - D)% x M.P

Hint 10 :

Marked price (M.P) and discount value are given.

Then shortcut to find the discount percentage is,

Hint 11 :

RETAILER USING FALSE WEIGHT :

A trader cheats his customer to make
a profit by stating that he sells at cost price.But he gives his
customer less than 1000 grams (false weight) for every kg.

Cheated value = Original weight - False weight

Then shortcut to find profit percentage is,

Hint 12 :

Hint 13 :

Here we have have listed out all the shortcuts which are required to solve profit and loss problems. Students can solve any word problem on profit and loss using the shortcuts which have been explained above.

Do you need the shortcuts explained above as pdf document?