ExamShortcut

Profit, Loss & Discount

๐Ÿ”’ Log in to track
high importance~2 Q in Tier 124 formulasโšก 14 shortcuts5 subtopics

The highest-yield arithmetic block in Tier 1. CPโ€“SP basics, successive discounts, the marked-price chain and dishonest-dealer cases appear in nearly every shift; Tier 2 layers on trade chains and price-shift comparisons. Everything reduces to multiplier chips.

Track record in the exam

avg 2.0 Q / shift2024: 2โ€“3 Q2025: 2โ€“3 Q

Questions per shift in recent SSC CGL papers.

Test difficulty mix (69 questions)

16 easy30 medium23 hard

Question patterns exams keep repeating

Taken from previous-year papers. If a pattern is marked "very common", expect to see it in your exam.

Find the profit or loss %

very common

CP and SP are given. "Find the profit per cent."

Profit = selling price โˆ’ cost price.

Divide by the cost price, then ร— 100.

Example

A cycle bought for โ‚น850 is sold for โ‚น1,020. Profit per cent?

Profit = 1020 โˆ’ 850 = 170

170 รท 850 = 1/5

1/5 ร— 100 = 20% profit

Learn this in โ€œProfit, Loss and CPโ€“SP Basicsโ€ โ†’

Find the cost price from a profit or loss clue

very common

"Had he sold it for โ‚น960 more, he would have gained 15% instead of losing 5%."

Add the two percents: the extra money equals that % of the cost price.

Then find 1% and scale up.

Example

A scooter is sold at a 5% loss. Sold for โ‚น960 more, it gives a 15% gain. Find the CP.

Loss 5% to gain 15% is a jump of 20% of CP

20% of CP = 960

1% of CP = 48

CP = 48 ร— 100 = โ‚น4,800

Learn this in โ€œProfit, Loss and CPโ€“SP Basicsโ€ โ†’

Two discounts one after another

very common

"Two successive discounts of 20% and 12.5%."

Take the discounts one at a time, each on the new price.

Never just add the discounts.

Example

A sofa marked โ‚น1,600 gets discounts of 20% and then 12.5%. Selling price?

20% of 1600 = 320, so price = 1280

12.5% of 1280 = 160

1280 โˆ’ 160 = 1120

SP = โ‚น1,120

Learn this in โ€œSuccessive Changes & Equivalent Single Changeโ€ โ†’

Marked price, discount and profit

very common

"A discount of 25% is given and the gain is still 20%. The marked price is what % above cost?"

Start with marked price = 100.

Find the selling price, then the cost price, then compare.

Example

A trader gives 25% discount and still gains 20%. The marked price is what % above the cost price?

Marked price = 100, so SP = 75

SP is 20% above CP, so CP = 75 รท 1.2 = 62.5

Marked price is 100 โˆ’ 62.5 = 37.5 above CP

37.5 รท 62.5 ร— 100 = 60%

Learn this in โ€œMarked Price, Discount and the CPโ€“MPโ€“SP Chainโ€ โ†’

Shopkeeper who cheats on weight

common

"A milkman sells at cost price but gives only 800 mL per litre."

Find what the customer pays for and what he really gets.

Gain = the cheated amount รท the amount actually given ร— 100.

Example

A milkman sells at cost price but gives only 800 mL for every litre. Gain per cent?

Customer pays for 1000 mL but gets 800 mL

His cost is only for 800 mL

Gain = 200 mL worth

200 รท 800 ร— 100 = 25%

Learn this in โ€œDishonest Dealer, False Weights & Claimsโ€ โ†’

Same selling price, one profit and one loss

common

"Two articles sold at โ‚น1,200 each, one at 25% profit and one at 25% loss."

Find each cost price on its own.

Compare total cost with total selling price.

Example

Two articles sell at โ‚น1,200 each, one at 25% profit and one at 25% loss. Overall loss per cent?

Profit one: CP = 1200 รท 1.25 = 960

Loss one: CP = 1200 รท 0.75 = 1600

Total CP = 2560, total SP = 2400, loss = 160

160 รท 2560 ร— 100 = 6.25% loss

Learn this in โ€œSame Selling Price: One Profit, One Lossโ€ โ†’

Profit added at each step of a chain

occasional

"Manufacturer to wholesaler to retailer to customer, each adding a profit %."

Start with 100.

Add each profit on the latest price, one step at a time.

Example

A manufacturer sells at 20% profit, the wholesaler at 25% profit, the retailer at 10% profit. Total rise over manufacturing cost?

Start: 100

+20% โ†’ 120

+25% of 120 (30) โ†’ 150

+10% of 150 (15) โ†’ 165, so 65% above cost

Learn this in โ€œMarked Price, Discount and the CPโ€“MPโ€“SP Chainโ€ โ†’

Cost of some articles equals the selling price of others

occasional

"The cost of 15 articles equals the selling price of 12 articles."

Take the smaller number of articles and give each a cost of 1.

Find their selling price and compare.

Example

Cost price of 15 articles = selling price of 12 articles. Profit per cent?

Take 12 articles: cost = 12 (โ‚น1 each)

They sell for the cost of 15 articles = 15

Profit = 15 โˆ’ 12 = 3

3 รท 12 ร— 100 = 25%

Learn this in โ€œProfit, Loss and CPโ€“SP Basicsโ€ โ†’

Your next step

New here? Start with subtopic 1 in Learn. Revision mode? Jump straight to the test and let it tell you what to fix.