Solutions of Profit, Loss & Discount from RRBS NTRC

Author:Arihant Expert Team
RRB NTPC CBT 1
IMPORTANT

Arihant Expert Team General Awareness, Quantitative Aptitude, Reasoning Solutions from Chapter 10 - Profit, Loss & Discount

Arihant Expert Team's RRBS NTRC detailed solutions to all the exercises of Profit, Loss & Discount for RRB NTPC CBT 1 are provided here. The topics covered are such as Discount, Cost Price and, Selling Price. The points to remember in the Arihant Expert Team's Book Solutions is ideal for quick revision.

Practice Other Topics from Profit, Loss & Discount

This topic explains the concept of cost price. Cost price represents the specific value that it costs a manufacturer to produce a product. In other words, we can say that the price at which it is sold without making money is called cost price.

This topic talks about selling price. Selling price is defined as the price at which a good or product is sold by the seller. It is the final price of the product. It is generally expressed as currency units.

This topic explains the concept of the marked price. The price carried by or the price on the label of a product is called a marked price. This is the price at which the product is intended to be sold.

This topic deals with the concept of discount. A Discount means a reduction in the price or value of goods or services. After applying a discount to the product its selling price reduces. The discount does not affect the cost price.