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Tips and Tricks on Profit, Loss and Discounts



1
If an article is sold at a gain of say, 35% then S.P. = 135% of C.P.



2
If an article is sold at a loss of say, 35% then S.P. = 65% of C.P.



3



4



5
Hare (or stock) is said to be at premium or above par, if its market value is more than its face value.



6
Hare (or stock) is said to be at par, if its market value is the same as its face value.



7
Hare (or stock) is said to be at discount or Below par, if its market value is less than its face value.



8
If a Rs. 100 stock is quoted at a premium of 16, then market value of the stock = Rs. (100 +16) = Rs. 116. Likewise, if a Rs. 100 stock is quoted at a discount of 7,then market value of the stock = Rs. (100 - 7) = Rs. 93.



9
The face value of a share always remains the same.



10
The market value of a share changes from time to time.



11
Dividend is always paid on the face value of a share.



12
Interest is reckoned on Present Worth and true discount is reckoned on the amount.



13
When the date of the bill is not given, grace days are not to be added




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