{"id":90757,"date":"2026-04-19T03:53:46","date_gmt":"2026-04-18T22:23:46","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=90757"},"modified":"2026-04-19T03:54:09","modified_gmt":"2026-04-18T22:24:09","slug":"profit-and-loss-concept","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/","title":{"rendered":"Profit and Loss for SSC, Concepts, Formulas &amp; Practice Questions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Download_Profit_and_Loss_Questions_E-Book_PDF\" >Download Profit and Loss Questions E-Book PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#What_is_Profit_and_Loss_Concept\" >What is Profit and Loss Concept?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Important_Profit_and_Loss_Formulas\" >Important Profit and Loss Formulas<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Profit_and_Loss_%E2%80%93_Important_Terms\" >Profit and Loss \u2013 Important Terms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Tips_and_Tricks_to_Stay_Ahead_in_the_Profit_and_Loss_Section\" >Tips and Tricks to Stay Ahead in the Profit and Loss Section<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Practice_Profit_and_Loss_Questions_for_Upcoming_SSC_Exams\" >Practice Profit and Loss Questions for Upcoming SSC Exams<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Sign_Up\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Login\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Forgot_Password\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Sign_Up-2\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Login-2\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Forgot_Password-2\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#i-2\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Advanced_Concepts_Successive_ProfitLoss_False_Weight_Discount_Tax\" >Advanced Concepts: Successive Profit\/Loss, False Weight, Discount, Tax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.oliveboard.in\/blog\/profit-and-loss-concept\/#Profit_and_Loss_Concepts-_FAQs\" >Profit and Loss Concepts- FAQs&#8217;<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Profit and Loss is a basic yet important topic in Quantitative Aptitude. It helps in understanding how much profit or loss is made in a transaction based on the cost price (CP) and selling price (SP) of a product. If the SP is more than the CP, it&#8217;s a profit; if the SP is less, it&#8217;s a loss. This guide covers the basic meaning, key formulas, smart shortcuts, and 30+ exam-style questions with answers to help you revise faster and solve more accurately.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-profit-and-loss-questions-e-book-pdf\"><span class=\"ez-toc-section\" id=\"Download_Profit_and_Loss_Questions_E-Book_PDF\"><\/span>Download Profit and Loss Questions E-Book PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Download Profit and Loss Questions E-book PDF to practice the most important aptitude questions for SSC, Banking, Railway, and other competitive exams. This e-book includes concept-based questions, shortcut tricks, solved examples, and practice sets to improve your speed and accuracy in profit, loss, discount, and marked price topics.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/profit-and-loss-questions-pdf\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">Download PDF here<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-profit-and-loss-concept\"><span class=\"ez-toc-section\" id=\"What_is_Profit_and_Loss_Concept\"><\/span>What is Profit and Loss Concept?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Profit and Loss is a fundamental concept in mathematics used to calculate how much gain or loss is made in a transaction. It is based on two key values Cost Price (CP) and Selling Price (SP). It is important especially for competitive exams like <a href=\"https:\/\/www.oliveboard.in\/ssc-cgl\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">SSC CGL<\/a>, <a href=\"https:\/\/www.oliveboard.in\/ssc-chsl\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">SSC CHSL<\/a>, and other government exams.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If the Selling Price is higher than the Cost Price, the difference is called <strong>Profit<\/strong>.<\/li>\n\n\n\n<li>If the Selling Price is lower than the Cost Price, the difference is called <strong>Loss<\/strong>.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-tier-1-pyps\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">Download SSC CGL Previous year Question Papers<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-profit-and-loss-formulas\"><span class=\"ez-toc-section\" id=\"Important_Profit_and_Loss_Formulas\"><\/span><strong>Important Profit and Loss Formulas<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>These formulas are essential for quickly solving profit, loss, discount, and marked price questions in SSC and other competitive exams.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Formula<\/strong><\/strong><\/td><td><strong>Formula<\/strong><\/td><\/tr><tr><td>Profit<\/td><td>SP \u2212 CP<\/td><\/tr><tr><td>Loss<\/td><td>CP \u2212 SP<\/td><\/tr><tr><td>Profit %<\/td><td>(Profit \u00f7 CP) \u00d7 100<\/td><\/tr><tr><td>Loss %<\/td><td>(Loss \u00f7 CP) \u00d7 100<\/td><\/tr><tr><td>SP (in case of profit)<\/td><td>CP \u00d7 (100 + Profit%) \u00f7 100<\/td><\/tr><tr><td>SP (in case of loss)<\/td><td>CP \u00d7 (100 \u2212 Loss%) \u00f7 100<\/td><\/tr><tr><td>CP (in case of profit)<\/td><td>SP \u00d7 100 \u00f7 (100 + Profit%)<\/td><\/tr><tr><td>CP (in case of loss)<\/td><td>SP \u00d7 100 \u00f7 (100 \u2212 Loss%)<\/td><\/tr><tr><td>Discount<\/td><td>MP \u2212 SP<\/td><\/tr><tr><td>Discount %<\/td><td>(Discount \u00f7 MP) \u00d7 100<\/td><\/tr><tr><td>Marked Price (MP)<\/td><td>SP + Discount<\/td><\/tr><tr><td>Successive Profit\/Loss %<\/td><td>x + y + (xy \u00f7 100) <em>(for two gains\/losses)<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-profit-and-loss-important-terms\"><span class=\"ez-toc-section\" id=\"Profit_and_Loss_%E2%80%93_Important_Terms\"><\/span><strong>Profit and Loss \u2013 Important Terms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Understanding key terms like Cost Price, Selling Price, Profit, and Loss is essential to solve questions accurately in this topic. These basics are often tested in SSC and other competitive exams.<\/p>\n\n\n\n<p><strong>1. Cost Price (CP):<\/strong><br>The price at which a product is bought.<\/p>\n\n\n\n<p><strong>2. Selling Price (SP):<\/strong><br>The price at which the product is sold.<\/p>\n\n\n\n<p><strong>3. Profit (or Gain):<\/strong><br>If the selling price is more than the cost price, the difference is called Profit.<br><strong>Formula:<\/strong> Profit = SP \u2013 CP<\/p>\n\n\n\n<p><strong>4. Loss:<\/strong><br>If the selling price is less than the cost price, the difference is called <strong>Loss<\/strong>.<br><strong>Formula:<\/strong> Loss = CP \u2013 SP<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Marked Price (MP): The price printed on a product.<\/li>\n\n\n\n<li>Discount: Reduction on MP, often offered during sales.<\/li>\n\n\n\n<li>Successive Discounts: Multiple discounts applied one after the other.<\/li>\n\n\n\n<li>False Weight: Used in dishonest dealings to earn hidden profits.<\/li>\n\n\n\n<li>VAT \/ Sales Tax: Extra amount added during purchase, sometimes asked in advanced questions.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/ssc-cgl-mock-test\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Free SSC CGL Mock Tests<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-tips-and-tricks-to-stay-ahead-in-the-profit-and-loss-section\"><span class=\"ez-toc-section\" id=\"Tips_and_Tricks_to_Stay_Ahead_in_the_Profit_and_Loss_Section\"><\/span>Tips and Tricks to Stay Ahead in the Profit and Loss Section<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Understanding Profit and Loss is more than just memorizing formulas. To get ahead in the competition, you need a mix of strong basics, smart shortcuts, and consistent practice. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Know Your Formulas <\/strong><br>Make sure you are thorough with all the key formulas like Profit = SP \u2013 CP, Loss = CP \u2013 SP, and Profit\/Loss % formulas. These are the base of almost every question.<\/li>\n\n\n\n<li><strong>Convert Percentages into Fractions Quickly<\/strong><br>Memorize common percentage-to-fraction conversions (e.g., 25% = 1\/4, 12.5% = 1\/8). This will help you solve many questions faster without using a calculator.<\/li>\n\n\n\n<li><strong>Use Ratio Tricks When Possible<\/strong><br>Some questions can be solved faster using ratios instead of lengthy calculations. Try to spot such patterns and apply them.<\/li>\n\n\n\n<li><strong>Practice Reverse Calculations<\/strong><br>In many SSC-style questions, you are given SP or Profit % and asked to find CP. Practice solving such problems backward to save time.<\/li>\n\n\n\n<li><strong>Avoid Unit Mistakes<\/strong><br>Always check if the question is asking in rupees, paise, or percentage. Losing marks on silly unit errors is common but avoidable.<\/li>\n\n\n\n<li><strong>Be Extra Careful with Marked Price and Discount Questions<\/strong><br>These can be tricky. Make sure you apply the discount before calculating the profit or loss based on CP.<\/li>\n\n\n\n<li><strong>Time Yourself During Practice<\/strong><br>Solving questions correctly is good, but solving them quickly is what matters in the exam. Use timers during your mock tests.<\/li>\n\n\n\n<li><strong>Analyze Previous Year Questions<\/strong><br>Go through SSC CGL and CHSL previous year papers. You\u2019ll notice that similar types of questions repeat. Practice those formats well.<\/li>\n\n\n\n<li><strong>Use Smart Approximations<\/strong><br>Don\u2019t spend too much time calculating exact values when approximation can help you eliminate wrong options faster.<\/li>\n\n\n\n<li><strong>Revise Daily<\/strong><br>Even if you know the topic well, revise key formulas and solve 5\u201310 questions daily to keep your speed and accuracy sharp.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/important-quantitative-aptitude-formulas\/?ref=contmk-blog-palc\">Download Important Quant Formulas Ebook<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-practice-profit-and-loss-questions-for-upcoming-ssc-exams\"><span class=\"ez-toc-section\" id=\"Practice_Profit_and_Loss_Questions_for_Upcoming_SSC_Exams\"><\/span>Practice Profit and Loss Questions for Upcoming SSC Exams<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Prepare for SSC CGL, CHSL, and other competitive exams with these important Profit and Loss questions. These practice problems will help improve your speed and accuracy in the Quant section.<\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-1-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-1-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-1 * { box-sizing: border-box; }\n\n#quiz-1 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-1 h2 {\n  text-align: center;\n}\n\n#quiz-1 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-1 .question p {\n  font-weight: bold;\n}\n\n#quiz-1 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-1 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-1 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-1 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-1 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-1 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-1 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-1 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-1 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-1 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-1 .bar-attempted { background: #2196f3; }\n#quiz-1 .bar-correct { background: #4caf50; }\n#quiz-1 .bar-wrong { background: #f44336; }\n#quiz-1 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-1 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-1 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-1\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-1-sticky-header\">\n  <span> Profit and Loss Questions Live <\/span>\n  <span id=\"quiz-1-score-badge\">Score: <strong id=\"quiz-1-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q1) The cost price of an article is \u20b9866. If it is sold at a profit of 35%, what is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b91186<\/button>\n  <button data-correct=\"false\">B) \u20b91157<\/button>\n  <button data-correct=\"false\">C) \u20b91179<\/button>\n  <button data-correct=\"true\">D) \u20b91169<\/button>\n  <p>Answer: D) \u20b91169<\/p>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q2) The cost price of an article is \u20b9594. If it is sold at a loss of 5%, what is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b9570<\/button>\n  <button data-correct=\"false\">B) \u20b9583<\/button>\n  <button data-correct=\"false\">C) \u20b9557<\/button>\n  <button data-correct=\"true\">D) \u20b9564<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q3) The cost price of an article is \u20b9177. If it is sold at a profit of 6.25%, what is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b9215<\/button>\n  <button data-correct=\"false\">B) \u20b9199<\/button>\n  <button data-correct=\"false\">C) \u20b9180<\/button>\n  <button data-correct=\"true\">D) \u20b9188<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q4) The cost price of an article is \u20b9698. If it is sold at a profit of 6.25%, what is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b9729<\/button>\n  <button data-correct=\"false\">B) \u20b9764<\/button>\n  <button data-correct=\"true\">C) \u20b9742<\/button>\n  <button data-correct=\"false\">D) \u20b9749<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q5) The cost price of an article is \u20b9962. If it is sold at a profit of 12.5%, what is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b91074<\/button>\n  <button data-correct=\"true\">B) \u20b91082<\/button>\n  <button data-correct=\"false\">C) \u20b91089<\/button>\n  <button data-correct=\"false\">D) \u20b91110<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q6) A trader marks his goods 20% above cost price and allows 10% discount. What is his gain percentage?<\/p>\n  <button data-correct=\"false\">A) 8%<\/button>\n  <button data-correct=\"false\">B) 10%<\/button>\n  <button data-correct=\"true\">C) 9%<\/button>\n  <button data-correct=\"false\">D) 7%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q7) A man buys 5 kg of apples for \u20b9120 and sells them at \u20b927 per kg. What is his profit percentage?<\/p>\n  <button data-correct=\"false\">A) 10%<\/button>\n  <button data-correct=\"false\">B) 12.5%<\/button>\n  <button data-correct=\"false\">C) 15%<\/button>\n  <button data-correct=\"true\">D) 20%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q8) An item is sold at 10% loss. If it had been sold for \u20b940 more, there would have been 10% profit. What is the cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b9180<\/button>\n  <button data-correct=\"true\">B) \u20b9200<\/button>\n  <button data-correct=\"false\">C) \u20b9190<\/button>\n  <button data-correct=\"false\">D) \u20b9210<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q9) A person bought a cycle for \u20b91500 and sold it at a gain of 20%. What is the selling price?<\/p>\n  <button data-correct=\"false\">A) \u20b91750<\/button>\n  <button data-correct=\"false\">B) \u20b91780<\/button>\n  <button data-correct=\"true\">C) \u20b91800<\/button>\n  <button data-correct=\"false\">D) \u20b91850<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q10) A man sells two items for \u20b9500 each, one at 25% gain and the other at 25% loss. What is the overall gain or loss?<\/p>\n  <button data-correct=\"false\">A) No profit, no loss<\/button>\n  <button data-correct=\"false\">B) 6.25% gain<\/button>\n  <button data-correct=\"true\">C) 6.25% loss<\/button>\n  <button data-correct=\"false\">D) 12.5% loss<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q11) A shopkeeper bought 80 pens at \u20b912 each. He sold 60 pens at \u20b915 each and the remaining at \u20b910 each. What is his profit or loss percentage?<\/p>\n  <button data-correct=\"false\">A) 5% loss<\/button>\n  <button data-correct=\"false\">B) 2.5% gain<\/button>\n  <button data-correct=\"true\">C) 5% gain<\/button>\n  <button data-correct=\"false\">D) 7.5% gain<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q12) A dealer sells a bike at a loss of 5%. Had he sold it for \u20b9250 more, he would have gained 5%. What is the cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b92000<\/button>\n  <button data-correct=\"true\">B) \u20b92500<\/button>\n  <button data-correct=\"false\">C) \u20b92250<\/button>\n  <button data-correct=\"false\">D) \u20b92750<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q13) A man sells a shirt at a 10% discount on the marked price and earns a profit of 20%. What is the ratio of cost price to marked price?<\/p>\n  <button data-correct=\"false\">A) 2:3<\/button>\n  <button data-correct=\"true\">B) 4:5<\/button>\n  <button data-correct=\"false\">C) 5:6<\/button>\n  <button data-correct=\"false\">D) 3:4<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q14) A product is sold for \u20b9960, with a loss of 4%. What is the cost price?<\/p>\n  <button data-correct=\"true\">A) \u20b91000<\/button>\n  <button data-correct=\"false\">B) \u20b9980<\/button>\n  <button data-correct=\"false\">C) \u20b9960<\/button>\n  <button data-correct=\"false\">D) \u20b9920<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q15) If an article is sold at a profit of 20% and the profit is \u20b9120, what is the cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b9500<\/button>\n  <button data-correct=\"true\">B) \u20b9600<\/button>\n  <button data-correct=\"false\">C) \u20b9720<\/button>\n  <button data-correct=\"false\">D) \u20b91000<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-delivery.svg\" alt=\"\"><\/span>\n                   <h2 id=\"display-register-text\"><span class=\"ez-toc-section\" id=\"Sign_Up\"><\/span>Sign Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                   <div class=\"loginas-group loginas-group1 loginas-group-single\">\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437394_8652&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437394_8652\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 44px; width: 204px; border: 0px; margin: -2px -10px;\"><\/iframe><\/div><\/div>\n                   <\/div>\n                   <h6 class=\"signup-subheader\">Or, register with email<\/h6>\n                   <label class=\"errormsg txt-red courseUp\"><\/label>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                        <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-uemail\" required=\"\">\n                        <span class=\"floating-label\" style=\"top: 19px; font-size: 12px;\">Email Id<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mobile-black.svg\" alt=\"\"><\/span>\n                        <input type=\"text\" maxlength=\"10\" name=\"monum\" class=\"formcontrol ob-inputfield\" id=\"course-uphone\" required=\"\">\n                        <span class=\"floating-label\">Mobile Number<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                        <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-upassword\" required=\"\">\n                        <span class=\"floating-label\">Password<\/span>\n                   <\/div>\n                   <button type=\"button\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseUpValidation('home','IBPS','https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common');return false;\" id=\"courseup\">REGISTER<\/button>\n                    <p class=\"obls-footer\">Already a user?<button type=\"button\" class=\"btn btn-xs btn-switch-obls btn-show-modal-login\" id=\"btn-show-modal-login\">Login<\/button><\/p>\n               <\/div> \n            <\/div> \n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<div class=\"modal modal-obls\" id=\"modal-login\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group2\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-run-health.svg\" alt=\"\"><\/span>\n                   <div id=\"login-group-abc\" class=\"lfp-group-abc\"><!-- start login group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Login\"><\/span>Login<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <label class=\"errormsg txt-red courseIn\"><\/label>\n                       <div class=\"formcontrol-group disable-loginemail\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-email\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginnext-group\" id=\"loginnext-group\"><!-- pass and captcha -->\n                           <div class=\"formcontrol-group\">\n                                <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                                <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-password\" required=\"\">\n                                <span class=\"floating-label\">Password<\/span>\n                           <\/div>\n                           <div style=\"display:none\" id=\"img-oblcaptcha\" class=\"captcha-img-blk\">\n                           <\/div>\n                           <div style=\"display:none\" class=\"formcontrol-group captcha-input-blk\">\n                                <input type=\"text\" name=\"pwd1\" value=\"1\" class=\"formcontrol ob-inputfield\" id=\"lcaptcha-code\" required=\"\">\n                                <span class=\"floating-label\">Enter text you see in the image<\/span>\n                           <\/div>\n                       <\/div><!-- pass and captcha -->\n                       \n                       <div class=\"btn-forgotpwd-group\"><button id=\"btn-forgotpwd\" class=\"btn btn-forgotpwd\">Forgot Password?<\/button><\/div>\n                       <button type=\"button\" id=\"coursein1\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseInValidation1()\">Next<\/button>\n                       <button type=\"button\" id=\"coursein\" class=\"btn btn-md btn-tblue btn-obls coursein\" onclick=\"courseInValidation('https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common')\">Submit<\/button>\n                       <form method=\"post\" action=\"https:\/\/login.oliveboard.in\/login\/next.php\" id=\"snf1\">\n                        <input type=\"hidden\" name=\"email\" value=\"\" id=\"lemailnext\">\n                        <\/form>\n                   <\/div><!-- end login group -->\n                   <div id=\"forgotpwd-group-abc\" class=\"lfp-group-abc forgotpwd-group-abc\"><!-- start forgotpwd group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Forgot_Password\"><\/span>Forgot Password<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <p class=\"secintro-txt\">Please enter the Email ID we will send you a Email with the link to reset the password.<\/p>\n                       <label class=\"errormsg txt-red rePassMsg\"><\/label>\n                       <div class=\"formcontrol-group formcontrol-group-fp\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"remail\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginas-group loginas-group1\">\n                            <button type=\"button\" id=\"btn-fpwd-cancel\" class=\"btn btn-md btn-white btn-cancel btn-fpwd-cancel\">Cancel<\/button>\n                            <button type=\"button\" id=\"lreset\" class=\"btn btn-md btn-tblue btn-fpwd-submit\" onclick=\"resetPassword()\">Submit<\/button>\n                       <\/div>\n                    <\/div><!-- end forgotpwd group --> \n                   <h6 class=\"login-subheader\">Or, login with<\/h6>\n                   <div class=\"loginas-group loginas-group2 loginas-group-single\">\n\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><div tabindex=\"0\" role=\"button\" aria-labelledby=\"button-label\" class=\"nsm7Bb-HzV7m-LgbsSe  hJDwNd-SxQuSe i5vt6e-Ia7Qfc uaxL4e-RbRzK\"><div class=\"nsm7Bb-HzV7m-LgbsSe-MJoBVe\"><\/div><div class=\"nsm7Bb-HzV7m-LgbsSe-bN97Pc-sM5MNb \"><div class=\"nsm7Bb-HzV7m-LgbsSe-Bz112c\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 48 48\" class=\"LgbsSe-Bz112c\"><g><path fill=\"#EA4335\" d=\"M24 9.5c3.54 0 6.71 1.22 9.21 3.6l6.85-6.85C35.9 2.38 30.47 0 24 0 14.62 0 6.51 5.38 2.56 13.22l7.98 6.19C12.43 13.72 17.74 9.5 24 9.5z\"><\/path><path fill=\"#4285F4\" d=\"M46.98 24.55c0-1.57-.15-3.09-.38-4.55H24v9.02h12.94c-.58 2.96-2.26 5.48-4.78 7.18l7.73 6c4.51-4.18 7.09-10.36 7.09-17.65z\"><\/path><path fill=\"#FBBC05\" d=\"M10.53 28.59c-.48-1.45-.76-2.99-.76-4.59s.27-3.14.76-4.59l-7.98-6.19C.92 16.46 0 20.12 0 24c0 3.88.92 7.54 2.56 10.78l7.97-6.19z\"><\/path><path fill=\"#34A853\" d=\"M24 48c6.48 0 11.93-2.13 15.89-5.81l-7.73-6c-2.15 1.45-4.92 2.3-8.16 2.3-6.26 0-11.57-4.22-13.47-9.91l-7.98 6.19C6.51 42.62 14.62 48 24 48z\"><\/path><path fill=\"none\" d=\"M0 0h48v48H0z\"><\/path><\/g><\/svg><\/div><span class=\"nsm7Bb-HzV7m-LgbsSe-BPrWId\">Sign in with Google<\/span><span class=\"L6cTce\" id=\"button-label\">Sign in with Google. Opens in new tab<\/span><\/div><\/div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437400_306436&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437400_306436\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 0px; width: 0px; border: 0px;\"><\/iframe><\/div><\/div>\n\n\n                   <\/div>\n                    <p class=\"obls-footer\">New to Oliveboard?<button class=\"btn btn-xs btn-switch-obls\" id=\"btn-show-modal-signup\">Register<\/button><\/p>\n               <\/div> \n            <\/div> \n            <div class=\"success-msg-group\" id=\"success-msg-group\"><!-- success msg -->\n                <div class=\"success-msg-blk\" id=\"success-msg-blk\">\n                    <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/success-ellipse.svg\" alt=\"\"><\/span>\n                    <h2 id=\"fpwd-success-msg-title\"><span class=\"ez-toc-section\" id=\"i\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                    <p id=\"fpwd-success-msg-text\">&nbsp;<\/p>\n                    <div class=\"login-btn\">\n                        <button type=\"button\" class=\"btn btn-md btn-tblue modal-obls-close\">Ok<\/button>\n                    <\/div>\n\n                <\/div>\n            <\/div><!-- success msg -->\n\n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<script src=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/sg2.oliveboard.in\/static\/js\/jquery.js\"><\/script>\n\n<script>\nvar boxurl = window.location.href + '?log=1';\n\nfunction getUrlParam(name, defaultValue) {\n    const params = new URLSearchParams(window.location.search);\n    return params.has(name) ? params.get(name) : defaultValue;\n}\n\nvar l_log = getUrlParam('log', 0);\n<\/script>\n<script src=\"https:\/\/www.oliveboard.in\/js\/coursecommon.js?v=12\"><\/script>\n\n\n<script>\n(() => {\n  const quizContainer = document.getElementById('quiz-1');\n  const STORAGE_KEY = 'quiz_1_state';\n  let score = 0;\n  let attempted = 0;\n  let correct = 0;\n  let wrong = 0;\n\n  const questions = quizContainer.querySelectorAll(\".question\");\n  const total = questions.length;\n\n  function loadState() {\n    try { return JSON.parse(sessionStorage.getItem(STORAGE_KEY) || '{}'); }\n    catch { return {}; }\n  }\n\n  function saveState(data) {\n    sessionStorage.setItem(STORAGE_KEY, JSON.stringify(data));\n  }\n\n  function updateUI() {\n    const unattempted = total - attempted;\n    quizContainer.querySelector('[data-count=\"attempted\"]').textContent = attempted;\n    quizContainer.querySelector('[data-count=\"correct\"]').textContent = correct;\n    quizContainer.querySelector('[data-count=\"wrong\"]').textContent = wrong;\n    quizContainer.querySelector('[data-count=\"unattempted\"]').textContent = unattempted;\n    quizContainer.querySelector('[data-summary=\"attempted\"]').style.width = (attempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"correct\"]').style.width = (correct \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"wrong\"]').style.width = (wrong \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"unattempted\"]').style.width = (unattempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-score]').textContent = score.toFixed(2);\n\n    \/\/ Live score update in sticky header\n    document.getElementById('quiz-1-score-value').textContent = score.toFixed(2);\n  }\n\n  function restoreQuestion(q, chosenIndex, wasCorrect) {\n    q.dataset.answered = \"true\";\n    const buttons = q.querySelectorAll(\"button\");\n    buttons.forEach(b => b.classList.add(\"locked\"));\n    if (wasCorrect) {\n      buttons[chosenIndex].classList.add(\"correct\");\n    } else {\n      buttons[chosenIndex].classList.add(\"wrong\");\n      q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n    }\n  }\n\n  \/\/ Restore saved answers on page load\n  const savedAnswers = loadState();\nquestions.forEach((q, qIndex) => {\n    const saved = savedAnswers[qIndex];\n    if (saved !== undefined) {\n      attempted++;\n      if (saved.correct) { correct++; }\n      else { wrong++; }\n      restoreQuestion(q, saved.chosenIndex, saved.correct);\n    }\n  });\n  score = parseFloat((correct * 2 - wrong * 0.5).toFixed(2));\n  updateUI();\n\n  \/\/ Attach click handlers\n  questions.forEach((q, qIndex) => {\n    q.querySelectorAll(\"button\").forEach((btn, btnIndex) => {\n      btn.addEventListener(\"click\", () => {\n        if (q.dataset.answered === \"true\") return;\n        q.dataset.answered = \"true\";\n        attempted++;\n\n        if (attempted > 5 && l_log == 0) {\n          $('#modal-signup').addClass('is-active');\n        }\n\n        q.querySelectorAll(\"button\").forEach(b => b.classList.add(\"locked\"));\n        const isCorrect = btn.dataset.correct === \"true\";\n\n if (isCorrect) {\n          btn.classList.add(\"correct\");\n          correct++;\n        } else {\n          btn.classList.add(\"wrong\");\n          wrong++;\n          q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n        }\n        score = parseFloat((correct * 2 - wrong * 0.5).toFixed(2));\n\n        savedAnswers[qIndex] = { chosenIndex: btnIndex, correct: isCorrect };\n        saveState(savedAnswers);\n        updateUI();\n      });\n    });\n  });\n\n  updateUI();\n})();\n<\/script>\n\n<\/body>\n<\/html>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/free-quizzes-for-ssc-exams\/?ref=contmk-blog-palc\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt SSC Quizzes Live<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-2-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-2-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-2 * { box-sizing: border-box; }\n\n#quiz-2 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-2 h2 {\n  text-align: center;\n}\n\n#quiz-2 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-2 .question p {\n  font-weight: bold;\n}\n\n#quiz-2 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-2 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-2 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-2 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-2 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-2 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-2 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-2 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-2 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-2 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-2 .bar-attempted { background: #2196f3; }\n#quiz-2 .bar-correct { background: #4caf50; }\n#quiz-2 .bar-wrong { background: #f44336; }\n#quiz-2 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-2 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-2 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-2\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-2-sticky-header\">\n  <span> Profit and Loss Questions <\/span>\n  <span id=\"quiz-2-score-badge\">Score: <strong id=\"quiz-2-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q16. A trader sells an item at 15% profit. If he had sold it for \u20b940 more, his profit would have been 20%. What is the cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b9600<\/button>\n  <button data-correct=\"true\">B) \u20b9800<\/button>\n  <button data-correct=\"false\">C) \u20b9700<\/button>\n  <button data-correct=\"false\">D) \u20b9750<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q17. A dealer bought a mobile for \u20b98000. He wants to earn 25% profit after allowing 10% discount. What should be the marked price?<\/p>\n  <button data-correct=\"false\">A) \u20b910000<\/button>\n  <button data-correct=\"true\">B) \u20b911111.11<\/button>\n  <button data-correct=\"false\">C) \u20b912000<\/button>\n  <button data-correct=\"false\">D) \u20b911250<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q18. A merchant bought a product and sold it at 20% profit. If he had bought it at 10% less and sold it for \u20b960 more, his profit would have been 40%. What is the original cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b9300<\/button>\n  <button data-correct=\"false\">B) \u20b9400<\/button>\n  <button data-correct=\"true\">C) \u20b9500<\/button>\n  <button data-correct=\"false\">D) \u20b9450<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q19. A man sells an article at 20% profit. If he had sold it at 5% loss, he would have earned \u20b9150 less. Find the cost price.<\/p>\n  <button data-correct=\"false\">A) \u20b9500<\/button>\n  <button data-correct=\"false\">B) \u20b9600<\/button>\n  <button data-correct=\"false\">C) \u20b9750<\/button>\n  <button data-correct=\"true\">D) \u20b91000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q20. A trader mixes 2 types of sugar worth \u20b960\/kg and \u20b990\/kg in the ratio 2:1. He sells the mixture at \u20b980\/kg. What is his profit percentage?<\/p>\n  <button data-correct=\"false\">A) 10%<\/button>\n  <button data-correct=\"false\">B) 15%<\/button>\n  <button data-correct=\"true\">C) 20%<\/button>\n  <button data-correct=\"false\">D) 25%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q21. A product is marked at \u20b9750. A shopkeeper allows successive discounts of 10% and 5%. What is the final selling price?<\/p>\n  <button data-correct=\"true\">A) \u20b9637.5<\/button>\n  <button data-correct=\"false\">B) \u20b9645<\/button>\n  <button data-correct=\"false\">C) \u20b9640<\/button>\n  <button data-correct=\"false\">D) \u20b9638.25<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q22. A shopkeeper earns a profit of 12% after allowing a discount of 20% on the marked price. What is the cost price if the marked price is \u20b9600?<\/p>\n  <button data-correct=\"false\">A) \u20b9520<\/button>\n  <button data-correct=\"false\">B) \u20b9480<\/button>\n  <button data-correct=\"true\">C) \u20b9528<\/button>\n  <button data-correct=\"false\">D) \u20b9530<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q23. A trader gives 25% discount on marked price and still gains 20%. If the marked price is \u20b9400, what is the cost price?<\/p>\n  <button data-correct=\"true\">A) \u20b9300<\/button>\n  <button data-correct=\"false\">B) \u20b9250<\/button>\n  <button data-correct=\"false\">C) \u20b9320<\/button>\n  <button data-correct=\"false\">D) \u20b9280<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q24. A dealer allows 20% discount on an article and still makes a profit of 25%. If he gains \u20b950, what is the cost price?<\/p>\n  <button data-correct=\"false\">A) \u20b9160<\/button>\n  <button data-correct=\"false\">B) \u20b9180<\/button>\n  <button data-correct=\"true\">C) \u20b9200<\/button>\n  <button data-correct=\"false\">D) \u20b9220<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q25. By selling an article for \u20b9720, a shopkeeper gains 20%. Had he sold it for \u20b9660, what would have been the percentage gain or loss?<\/p>\n  <button data-correct=\"false\">A) 10% gain<\/button>\n  <button data-correct=\"false\">B) 10% loss<\/button>\n  <button data-correct=\"false\">C) 5% loss<\/button>\n  <button data-correct=\"true\">D) 5% gain<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q26. A person sells two articles at \u20b9990 each. On one he gains 10%, on the other he loses 10%. What is the overall gain or loss?<\/p>\n  <button data-correct=\"false\">A) No gain no loss<\/button>\n  <button data-correct=\"false\">B) 1% loss<\/button>\n  <button data-correct=\"true\">C) 2% loss<\/button>\n  <button data-correct=\"false\">D) 5% loss<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q27. A trader sells 3 articles for \u20b9100 each which cost him \u20b9100 in total. What is his overall profit or loss percentage?<\/p>\n  <button data-correct=\"false\">A) 0%<\/button>\n  <button data-correct=\"true\">B) 33.33% profit<\/button>\n  <button data-correct=\"false\">C) 50% profit<\/button>\n  <button data-correct=\"false\">D) 66.66% profit<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q28. A dishonest dealer professes to sell his goods at cost price but uses a false weight of 950 gm instead of 1 kg. What is his profit percentage?<\/p>\n  <button data-correct=\"true\">A) 5.26%<\/button>\n  <button data-correct=\"false\">B) 6.25%<\/button>\n  <button data-correct=\"false\">C) 4.76%<\/button>\n  <button data-correct=\"false\">D) 5%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q29. A man bought two watches for \u20b95000. He sold one at 20% gain and the other at 12% loss. If he made no profit or loss overall, what was the cost price of the first watch?<\/p>\n  <button data-correct=\"false\">A) \u20b92400<\/button>\n  <button data-correct=\"false\">B) \u20b92600<\/button>\n  <button data-correct=\"true\">C) \u20b93000<\/button>\n  <button data-correct=\"false\">D) \u20b92800<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>Q30. A shopkeeper sells an article at \u20b9864 and gains 20%. Had he sold it at a loss of 20%, he would have sold it for how much less?<\/p>\n  <button data-correct=\"true\">A) \u20b9288<\/button>\n  <button data-correct=\"false\">B) \u20b9288.5<\/button>\n  <button data-correct=\"false\">C) \u20b9288.6<\/button>\n  <button data-correct=\"false\">D) \u20b9288.8<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-delivery.svg\" alt=\"\"><\/span>\n                   <h2 id=\"display-register-text\"><span class=\"ez-toc-section\" id=\"Sign_Up-2\"><\/span>Sign Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                   <div class=\"loginas-group loginas-group1 loginas-group-single\">\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437394_8652&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437394_8652\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 44px; width: 204px; border: 0px; margin: -2px -10px;\"><\/iframe><\/div><\/div>\n                   <\/div>\n                   <h6 class=\"signup-subheader\">Or, register with email<\/h6>\n                   <label class=\"errormsg txt-red courseUp\"><\/label>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                        <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-uemail\" required=\"\">\n                        <span class=\"floating-label\" style=\"top: 19px; font-size: 12px;\">Email Id<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mobile-black.svg\" alt=\"\"><\/span>\n                        <input type=\"text\" maxlength=\"10\" name=\"monum\" class=\"formcontrol ob-inputfield\" id=\"course-uphone\" required=\"\">\n                        <span class=\"floating-label\">Mobile Number<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                        <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-upassword\" required=\"\">\n                        <span class=\"floating-label\">Password<\/span>\n                   <\/div>\n                   <button type=\"button\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseUpValidation('home','IBPS','https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common');return false;\" id=\"courseup\">REGISTER<\/button>\n                    <p class=\"obls-footer\">Already a user?<button type=\"button\" class=\"btn btn-xs btn-switch-obls btn-show-modal-login\" id=\"btn-show-modal-login\">Login<\/button><\/p>\n               <\/div> \n            <\/div> \n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<div class=\"modal modal-obls\" id=\"modal-login\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group2\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-run-health.svg\" alt=\"\"><\/span>\n                   <div id=\"login-group-abc\" class=\"lfp-group-abc\"><!-- start login group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Login-2\"><\/span>Login<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <label class=\"errormsg txt-red courseIn\"><\/label>\n                       <div class=\"formcontrol-group disable-loginemail\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-email\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginnext-group\" id=\"loginnext-group\"><!-- pass and captcha -->\n                           <div class=\"formcontrol-group\">\n                                <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                                <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-password\" required=\"\">\n                                <span class=\"floating-label\">Password<\/span>\n                           <\/div>\n                           <div style=\"display:none\" id=\"img-oblcaptcha\" class=\"captcha-img-blk\">\n                           <\/div>\n                           <div style=\"display:none\" class=\"formcontrol-group captcha-input-blk\">\n                                <input type=\"text\" name=\"pwd1\" value=\"1\" class=\"formcontrol ob-inputfield\" id=\"lcaptcha-code\" required=\"\">\n                                <span class=\"floating-label\">Enter text you see in the image<\/span>\n                           <\/div>\n                       <\/div><!-- pass and captcha -->\n                       \n                       <div class=\"btn-forgotpwd-group\"><button id=\"btn-forgotpwd\" class=\"btn btn-forgotpwd\">Forgot Password?<\/button><\/div>\n                       <button type=\"button\" id=\"coursein1\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseInValidation1()\">Next<\/button>\n                       <button type=\"button\" id=\"coursein\" class=\"btn btn-md btn-tblue btn-obls coursein\" onclick=\"courseInValidation('https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common')\">Submit<\/button>\n                       <form method=\"post\" action=\"https:\/\/login.oliveboard.in\/login\/next.php\" id=\"snf1\">\n                        <input type=\"hidden\" name=\"email\" value=\"\" id=\"lemailnext\">\n                        <\/form>\n                   <\/div><!-- end login group -->\n                   <div id=\"forgotpwd-group-abc\" class=\"lfp-group-abc forgotpwd-group-abc\"><!-- start forgotpwd group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Forgot_Password-2\"><\/span>Forgot Password<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <p class=\"secintro-txt\">Please enter the Email ID we will send you a Email with the link to reset the password.<\/p>\n                       <label class=\"errormsg txt-red rePassMsg\"><\/label>\n                       <div class=\"formcontrol-group formcontrol-group-fp\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n              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Mastering these tricks improves accuracy and boosts speed in Tier 2-level problems.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-successive-profit-example\"><strong>Successive Profit Example<\/strong><\/h3>\n\n\n\n<p>If profit = 20% and then another 10% profit on SP:<br>Net Profit % = 20 + 10 + (20\u00d710)\/100 = <strong>32%<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-false-weight-trick\"><strong>False Weight Trick<\/strong><\/h3>\n\n\n\n<p>A dishonest dealer uses 950g instead of 1kg.<br>Profit % = (1000 \u2013 950) \u00f7 950 \u00d7 100 = <strong>5.26%<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tax-problem-example\"><strong>Tax Problem Example<\/strong><\/h3>\n\n\n\n<p>Final price = \u20b95954, VAT = 14.5%<br>List Price = 5954 \u00d7 100 \u00f7 114.5 = <strong>\u20b95200<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-maths-questions\/?ref=contmk-blog-palc\">Attempt SSC CGL Maths Questions Live<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-profit-and-loss-concepts-faqs\"><span class=\"ez-toc-section\" id=\"Profit_and_Loss_Concepts-_FAQs\"><\/span>Profit and Loss Concepts- FAQs&#8217; <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1751975203799\"><strong class=\"schema-faq-question\">Q1. Can I score full marks in Profit and Loss if I know the formulas?<\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Yes, since most questions are formula-based, you can score well with proper practice and accuracy.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1751975209770\"><strong class=\"schema-faq-question\">Q2. What is Cost Price (CP)?<\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Cost Price is the price at which an item is purchased.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1751975211198\"><strong class=\"schema-faq-question\">Q3. How is Loss calculated in Profit and Loss questions?<\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Loss = Cost Price \u2013 Selling Price (when CP > SP).<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1751975212399\"><strong class=\"schema-faq-question\">Q4. Why is Profit and Loss important in competitive exams?<\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> It helps test candidates&#8217; ability to handle real-life business math problems in exams like SSC CGL, SSC CHSL, IBPS PO, SBI PO, and others.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1751975213575\"><strong class=\"schema-faq-question\">Q5. What is the Loss Percentage formula?<\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Loss% = (Loss \u00f7 Cost Price) \u00d7 100.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/error-spotting-questions\/\">Error Spotting Questions for SSC CGL, Download Free Ebook<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/sentence-improvement-questions-for-ssc-cgl\/\">Sentence Improvement Questions for SSC CGL, Attempt Now<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/how-did-air-1-use-oliveboard-to-crack-ssc-cgl\/\">How did AIR 1 use Oliveboard to crack SSC CGL 2026? Mock Data Analysis<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-tier-1-pyps\/\">SSC CGL 2025 Tier 1 Question Papers, Shift-Wise PYPs, Download PDFs<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-air-70-strategy\/\">SSC CGL AIR 70 Strategy: Mock Analysis &amp; Prep Tips<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/number-puzzles-for-ssc\/\">Number Puzzle Questions for SSC Exams, Attempt Now<\/a><\/li>\n<\/ul>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Profit and Loss is a basic yet important topic in Quantitative Aptitude. It helps in understanding how much profit or<\/p>\n","protected":false},"author":66,"featured_media":242912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5217,10231,63],"tags":[],"class_list":["post-90757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ssc-prep","category-ssc-railways","category-ssc-exams","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Profit and Loss for SSC Exams: Concepts, Formulas &amp; Tricks<\/title>\n<meta name=\"description\" content=\"Learn profit and loss basics for SSC exams. 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