The Concept of Profit & Loss

The topic Profit, Loss, and Discount is a Direct application of Percentages. There is very little new matter that one would study.

When the Selling Price more than Cost Price you're in profit.

When the Cost Price more than the Selling Price you're in a loss.

Profit or Loss is always calculated on Cost price only.

The discount is always calculated on the Marked price.

Our Research & Findings

#IBPS PO

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 35. Out of these 35 questions 0.71% of questions are from Profit & Loss.

#SBIPO

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 35. Out of these 35 questions 1.43% of questions are from Profit & Loss.

#TCSNQT

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 26. Out of these 26 questions 7.37% of questions are from Profit & Loss.

Teaching Methodology

  • Concepts based solutions
  • Short cut methods
  • Spatial visualization
Sample Question

If the selling price of 10 articles is equal to the cost price of 9 articles, find the profit or loss percentage.
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