Basic mathematics|CUET|Percentage|Ratio and proportions|Profit and loss

Basic Mathematics|Trigonometrical Ratios|Practice Exercise|Important Points|Summary

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Statement Of Profit And Loss Ratios

P, Q and R are partners sharing profits and losses in the ratio of 5 : 3 : 2. From 1st April, 2016, they decide to share profits and losses in equal proportions. The partnership deed provides that in the event of any change in profit sharing ratio, the goodwill should be valued at three year's purchase of the average of five year's profits. The profits and losses of the preceding five years ending 31st March are :

If cost price of 5 cars is equal to selling price of 4 cars.Find the percentage of profit or loss (A) 10% profit (B) 10% loss (C) 25% profit (D) 25% loss

Two articles are sold at the same price.One at a profit of 75% at another one at a loss of 30%. What is the overall profit or loss.