Shutterstock A company’s statement of income is often called its profit and loss (P&L) statement. It lists revenues, expenses, and net profit for the period covered. There are typically ...

Partnership is an important concept of Quantitative Aptitude Section as questions ... then their share of profit or loss at the end of the year: Suppose two persons P and Q invests Rs.

When a company makes money after it pays all its costs, it is said to have made a profit. If a company does not make enough money to cover all its costs, it is said to have made a loss.

Certain topics in the Quantitative Aptitude section can be solved easily with the help of shortcut techniques like simplification, percentages, and profit & loss can be solved faster using ...