Profit & Loss – Tricks & Tough Problems
Master profit and loss concepts with shortcut tricks for bank exams.
1. Important Concepts
- Profit = SP − CP
- Loss = CP − SP
- Profit % = (Profit / CP) × 100
- Loss % = (Loss / CP) × 100
2. Speed Tricks
- Use fraction method (e.g., 20% = 1/5)
- Successive profit/loss formula
- Marked price & discount relation
- Use ratio method instead of full calculation
3. Tough Problems
Q1: An item bought for ₹500 is sold for ₹600. Find profit %
Solution:
Profit = 100
% = (100/500) × 100 = 20%
Q2: An article marked ₹1000 is sold at 10% discount. Find SP.
Solution:
SP = 1000 − 100 = ₹900
Q3: A trader gains 20% and then loses 20%. Find net result.
Solution:
Net = 20 − 20 − (20×20/100)
= −4%
Answer = 4% loss
Q4: CP = ₹800, Loss = 25%. Find SP.
Solution:
SP = 800 × 75/100 = ₹600
Q5: A shopkeeper marks goods 25% above CP and gives 10% discount. Find profit %.
Solution:
Net = 25 − 10 − (25×10/100)
= 12.5%
Answer = 12.5% profit
4. Exam Tips
- Use fraction values for speed
- Avoid long multiplication
- Practice discount-based questions
- Remember successive formula
Shaktimatha Learning
Quant • Profit & Loss • Bank Exam Preparation
Quant • Profit & Loss • Bank Exam Preparation
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