In the previous chapters, we covered all the important concepts of Profit, Loss, and Discount to build a strong foundation. We also explained the Profit, Loss & Discount formulas along with shortcuts and solved examples that are commonly used to solve competitive exam questions.
To strengthen your understanding, we covered topic-wise questions with detailed answers and solutions on:
- Profit & Loss Questions
- Discount Questions
- Dishonest Shopkeeper Questions
- Successive Discount Questions
- Marked Price Questions
We also created a comprehensive Profit, Loss & Discount Practice Set containing MCQs, True or False, Fill in the Blanks, and Word Problems to help you master every concept before attempting previous year questions.
Now it’s time to solve Previous Year Questions (PYQs) asked in competitive exams such as SSC CGL, SSC CHSL, SSC MTS, RRB NTPC, RRB Group D, Banking, Defence, NDA, CDS, CUET, and other government examinations.
Before looking at the solution, attempt every question on your own. If you are unable to solve it, revisit the relevant concept, try again, and then compare your approach with the detailed solution provided. This method will help you identify your mistakes, improve your speed, and build confidence for the actual examination.
If you want to solve more previous year questions from different subjects, explore our dedicated Previous Year Questions (PYQs) section for SSC, RRB, Banking, Defence, and other competitive examinations, where you’ll find topic-wise and exam-wise PYQs with detailed solutions.
So, let us start solving the Profit, Loss & Discount Previous Year Questions.
Question 1: A cloth merchant in Gandhi Nagar Textile Market, Delhi, advertises a 4% loss on every metre of cloth to attract more customers. However, by using a false metre scale, he actually earns a 25% profit.
What is the actual length of the metre scale used by the merchant?
A. 75 cm
B. 76.8 cm
C. 80 cm
D. 96 cm
Solution
Given
Advertised Loss = 4%
Actual Profit = 25%
Standard Metre = 100 cm
Formula Used
Selling Price (Loss) = Cost Price × (1 − Loss% ÷ 100)
Cost Price = Selling Price × 100 ÷ (100 + Profit%)
Calculation
Assume the Cost Price (CP) of 1 metre (100 cm) of cloth is ₹100.
Using the Selling Price (Loss) formula:
Selling Price = 100 × (1 − 4 ÷ 100)
= 100 × 0.96
= ₹96
Now, using the Cost Price formula:
Cost Price = 96 × 100 ÷ (100 + 25)
= 9600 ÷ 125
= ₹76.8
Since 100 cm of cloth costs ₹100, cloth worth ₹76.8 will measure:
Length = (76.8 ÷ 100) × 100
= 76.8 cm
Final Answer
The actual length of the metre scale used by the dishonest merchant is 76.8 cm. (Option B)
Question 2: A furniture dealer in Kirti Nagar Furniture Market, New Delhi, sold a wooden study table at a 12% loss. If the selling price had been increased by ₹170, he would have earned a 5% profit. What is the cost price?
A. ₹900
B. ₹1000
C. ₹1100
D. ₹1200
Solution
Given
Loss = 12%
Increased Selling Price = ₹170
Profit = 5%
Formula Used
Selling Price (Loss) = Cost Price × (1 − Loss% ÷ 100)
Selling Price (Profit) = Cost Price × (1 + Profit% ÷ 100)
Calculation
Let the Cost Price (CP) of the wooden study table be ₹x.
Selling price at 12% loss:
SP = x × (1 − 12 ÷ 100)
= 0.88x
If the selling price had been increased by ₹170, the dealer would have earned a 5% profit.
So,
0.88x + 170 = x × (1 + 5 ÷ 100)
0.88x + 170 = 1.05x
170 = 1.05x − 0.88x
170 = 0.17x
x = 170 ÷ 0.17
x = ₹1000
Final Answer
The cost price of the wooden study table is ₹1000. (Option B)
SSC/RRB Shortcut
SP at 12% loss = 88% of CP
SP at 5% profit = 105% of CP
Since the second selling price is ₹170 more than the first,
105% of CP − 88% of CP = ₹170
17% of CP = ₹170
CP = 170 × 100 ÷ 17
= ₹1000
Answer: ₹1000
Question 3: An electronics store in Nehru Place, New Delhi, offers three successive discounts of 10%, 20%, and 30% on a laptop during a festive sale.
What is the single discount equivalent to these successive discounts?
A. 49.60%
B. 50.40%
C. 52.80%
D. 60%
Solution
Given
First Discount = 10%
Second Discount = 20%
Third Discount = 30%
Calculation
Assume the Marked Price (MP) of the laptop is ₹100.
After the first discount of 10%,
Selling Price = 100 − (100 × 10 ÷ 100)
= 100 − 10
= ₹90
After the second discount of 20%,
Selling Price = 90 − (90 × 20 ÷ 100)
= 90 − 18
= ₹72
After the third discount of 30%,
Selling Price = 72 − (72 × 30 ÷ 100)
= 72 − 21.6
= ₹50.40
Therefore,
Equivalent Discount = 100 − 50.40 = 49.60%
Final Answer
The single discount equivalent to the three successive discounts is 49.60%. (Option A)
SSC/RRB Shortcut
Assume the Marked Price = ₹100 and apply each discount one after another. The final selling price becomes ₹50.4, so the overall discount is:
100 − 50.4 = 49.6%
Multiplier Trick:
Final SP%= 0.90×0.80×0.70=0.504 or 50.4%
Equivalent discount=100-50.4=49.6%
Question 4: A handicraft shop owner in Aminabad Market, Lucknow, purchased a handcrafted wooden wall clock for ₹9,600. To earn a 15% profit, at what price should the wall clock be sold?
A. ₹10,800
B. ₹11,040
C. ₹11,200
D. ₹11,500
Solution
Given
Cost Price (CP) = ₹9,600
Profit = 15%
Formula Used
Selling Price (Profit) = Cost Price × (1 + Profit% ÷ 100)
Calculation
Using the Selling Price (Profit) formula,
Selling Price = 9600 × (1 + 15 ÷ 100)
= 9600 × 1.15
= ₹11,040
Final Answer
The handcrafted wooden wall clock should be sold for ₹11,040 to earn a 15% profit. (Option B)
SSC/RRB Shortcut
15% of ₹9,600 = ₹1,440
Selling Price = ₹9,600 + ₹1,440 = ₹11,040
Answer: ₹11,040
Question 5: A leather bag seller in Meston Road Market, Kanpur, sold a premium leather bag for ₹960 and earned a profit of ₹160.
What was his profit percentage?
A. 16.67%
B. 18%
C. 20%
D. 25%
Solution
Given
Selling Price (SP) = ₹960
Profit = ₹160
Formula Used
Profit % = (Profit ÷ Cost Price) × 100
Calculation
First, find the Cost Price (CP).
Cost Price = Selling Price − Profit
= 960 − 160
= ₹800
Now, calculate the profit percentage.
Profit % = (160 ÷ 800) × 100
= 20%
Final Answer
The profit percentage earned by the leather bag seller is 20%. (Option C)
Question 6: An SSC coaching centre in Mukherjee Nagar, New Delhi, purchased 70 classroom chairs for ₹56,000. During a classroom renovation, the institute sold all the chairs at the rate of ₹900 per chair.
What was the profit percentage earned by the coaching centre?
A. 10%
B. 12.5%
C. 12%
D. 15%
Solution
Given
Number of Chairs = 70
Total Cost Price = ₹56,000
Selling Price per Chair = ₹900
Formula Used
Profit % = (Profit ÷ Cost Price) × 100
Calculation
Total Selling Price
= 70 × 900
= ₹63,000
Profit
= Selling Price − Cost Price
= 63,000 − 56,000
= ₹7,000
Profit Percentage
= (7,000 ÷ 56,000) × 100
= 12.5%
Final Answer
The coaching centre earned a profit of 12.5%. (Option B)
SSC/RRB/Banking/Defence Shortcut
Cost Price per Chair = 56,000 ÷ 70 = ₹800
Selling Price per Chair = ₹900
Profit per Chair = 900 − 800 = ₹100
Profit % = (100 ÷ 800) × 100 = 12.5%
Answer: 12.5%
Question 7: An RRB Paramedical aspirant sold his old tablet, which he had used for online exam preparation, at a 200% profit to purchase a newer device.
What is the ratio of the Cost Price (CP) to the Selling Price (SP) of the tablet?
A. 1 : 2
B. 2 : 1
C. 1 : 3
D. 3 : 1
Solution
Given
Profit = 200%
Formula Used
Selling Price (Profit) = Cost Price × (1 + Profit% ÷ 100)
Calculation
Let the Cost Price (CP) of the tablet be ₹100.
Using the Selling Price (Profit) formula,
Selling Price = 100 × (1 + 200 ÷ 100)
= 100 × 3
= ₹300
Therefore,
CP : SP = 100 : 300
= 1 : 3
Option C
SSC/RRB Shortcut
200% profit means the Selling Price is 300% of the Cost Price. (SP% = 100% + Profit%, like if 20% profit ⇒ SP = 120% of CP, 50% profit ⇒ SP = 150% of CP)
Therefore,
CP : SP = 100 : 300 = 1 : 3
Answer: 1 : 3
Question 8: An SSC CGL aspirant, after being selected as an Income Tax Inspector, bought a gold bracelet as a gift for his girlfriend. A few months later, after they broke up, he decided to sell the bracelet for ₹20,400, incurring a 15% loss.
What was the cost price of the gold bracelet?
A. ₹22,000
B. ₹23,500
C. ₹24,000
D. ₹25,000
Solution
Given
Selling Price (SP) = ₹20,400
Loss = 15%
Formula Used
Cost Price = Selling Price ÷ (1 − Loss% ÷ 100)
Calculation
Using the Cost Price formula,
Cost Price = 20,400 ÷ (1 − 15 ÷ 100)
= 20,400 ÷ 0.85
= ₹24,000
Final Answer
Option C
SSC/RRB Shortcut
At 15% loss, the Selling Price is 85% of the Cost Price.
So,
85% of CP = ₹20,400
100% of CP = 20,400 × 100 ÷ 85
= ₹24,000
Answer: ₹24,000
Question 9: A landlord in Mukherjee Nagar, New Delhi, purchased 144 plastic chairs for his students’ hostel at ₹900 each. During shifting and renovation, 20 chairs were damaged beyond use. He sold the remaining chairs for ₹1,200 each.
What was his percentage gain or loss?
A. 4.8% Loss
B. 8.5% Loss
C. 12.9% Gain
D. 14.8% Gain
Solution
Given
Number of Chairs Purchased = 144
Cost Price per Chair = ₹900
Damaged Chairs = 20
Selling Price per Chair = ₹1,200
Formula Used
Profit % = (Profit ÷ Cost Price) × 100
Calculation
Total Cost Price
= 144 × 900
= ₹1,29,600
Number of chairs sold
= 144 − 20
= 124
Total Selling Price
= 124 × 1,200
= ₹1,48,800
Profit
= 1,48,800 − 1,29,600
= ₹19,200
Profit Percentage
= (19,200 ÷ 1,29,600) × 100
= 14.81%
≈ 14.8% Gain
Final Answer
The landlord earned a 14.8% gain. (Option D)
SSC/RRB Shortcut
Total Cost Price = 144 × 900 = ₹1,29,600
Number of chairs sold = 144 − 20 = 124
Total Selling Price = 124 × 1,200 = ₹1,48,800
Profit = ₹1,48,800 − ₹1,29,600 = ₹19,200
Profit % = (19,200 ÷ 1,29,600) × 100
= 14.8%
Answer: 14.8% Gain
Question 10: An SSC CGL aspirant, after becoming an Assistant Audit Officer (AAO), purchased a residential plot after completing five years of service. Due to an urgent financial requirement, he later sold the plot for ₹42.50 lakh, incurring a 15% loss.
At what price should the plot have been sold to earn a 15% profit?
A. ₹52.50 lakh
B. ₹55.00 lakh
C. ₹57.50 lakh
D. ₹60.00 lakh
Solution
Given
Selling Price (SP) = ₹42.50 lakh
Loss = 15%
Required Profit = 15%
Formula Used
Cost Price = Selling Price ÷ (1 − Loss% ÷ 100)
Selling Price (Profit) = Cost Price × (1 + Profit% ÷ 100)
Calculation
First, find the Cost Price.
Cost Price = 42.50 ÷ (1 − 15 ÷ 100)
= 42.50 ÷ 0.85
= ₹50 lakh
Now, calculate the Selling Price for a 15% profit.
Selling Price = 50 × (1 + 15 ÷ 100)
= 50 × 1.15
= ₹57.50 lakh
Final Answer
(Option C): ₹57.50 lakh
SSC/RRB Shortcut
At 15% loss, ₹42.50 lakh is 85% of the Cost Price.
At 15% profit, the Selling Price is 115% of the Cost Price.
Therefore,
Required Selling Price = 42.50 × 115 ÷ 85
= ₹57.50 lakh
Answer: ₹57.50 lakh
Question 11: A railway contractor working with South Eastern Railway supplied 20 LED signal lamps to the railway division. The cost price of 15 LED signal lamps was equal to the selling price of 20 LED signal lamps.
What was the percentage loss incurred by the contractor?
A. 16%
B. 20%
C. 24%
D. 25%
Solution
Given
Cost Price of 15 LED signal lamps = Selling Price of 20 LED signal lamps
Formula Used
Loss % = (Loss ÷ Cost Price) × 100
Calculation
Assume the Cost Price of one LED signal lamp = ₹100.
Then,
Cost Price of 15 lamps
= 15 × 100
= ₹1,500
According to the question,
Selling Price of 20 lamps = ₹1,500
So,
Selling Price of one lamp
= 1,500 ÷ 20
= ₹75
Loss per lamp
= 100 − 75
= ₹25
Loss %
= (25 ÷ 100) × 100
= 25%
Final Answer
25% loss. (Option D)
SSC/RRB Shortcut
Since,
CP of 15 lamps = SP of 20 lamps
Therefore,
SP : CP = 15 : 20
= 3 : 4
So,
Selling Price = 3/4 of Cost Price
= 75% of Cost Price
Hence,
Loss = 100% − 75% = 25%
Answer: 25% Loss
Question 12: A shopkeeper in Kakadev, Kanpur, purchased 1,600 RRB NTPC Quant practice books for ₹60 per book. To clear old stock after a new edition was released, he sold 900 books at ₹75 per book and the remaining 700 books at ₹72 per book.
What was his percentage gain?
A. 20%
B. 22.81%
C. 25%
D. 27.5%
Solution
Cost Price
= 1,600 × ₹60
= ₹96,000
Selling Price
= 900 × ₹75 + 700 × ₹72
= ₹67,500 + ₹50,400
= ₹1,17,900
Profit
= ₹1,17,900 − ₹96,000
= ₹21,900
Profit %
= (21,900 ÷ 96,000) × 100
= 22.8125%
Answer: B. 22.81%
Question 13: Jindal Book Store, Hisar, purchased 30 copies of an SSC CGL Quant book at ₹950 per copy and 40 copies of another edition at ₹850 per copy. The shopkeeper mixed both editions and sold all 70 books at the rate of ₹890 per book.
What was the overall profit or loss in the transaction?
A. ₹200 Loss
B. ₹200 Profit
C. ₹700 Loss
D. ₹700 Profit
Solution
Given
30 books purchased at ₹950 each
40 books purchased at ₹850 each
Total books sold = 70
Selling Price per book = ₹890
Formula Used
Profit = Selling Price − Cost Price
Calculation
Total Cost Price
= (30 × 950) + (40 × 850)
= 28,500 + 34,000
= ₹62,500
Total Selling Price
= 70 × 890
= ₹62,300
Loss
= 62,500 − 62,300
= ₹200
Final Answer
The shopkeeper incurred a loss of ₹200. (Option A)
Question 14: An Assistant Loco Pilot (ALP) sold his old car, originally purchased for ₹6,00,000, to his colleague at a 5% profit. After receiving a promotion, the colleague decided to buy a new car and sold the same car back to the ALP at a 2% loss.
In the entire transaction, what was the overall gain or loss of the Assistant Loco Pilot?
A. Gain of ₹17,400
B. Loss of ₹17,400
C. Gain of ₹12,600
D. Loss of ₹12,600
Solution
Given
Original Cost Price of the car = ₹6,00,000
First Sale = 5% Profit
Second Purchase = 2% Loss (for the colleague)
Formula Used
Selling Price (Profit) = Cost Price × (1 + Profit% ÷ 100)
Selling Price (Loss) = Cost Price × (1 − Loss% ÷ 100)
Calculation
First, the Assistant Loco Pilot sold the car at a 5% profit.
Selling Price
= 6,00,000 × (1 + 5 ÷ 100)
= 6,00,000 × 1.05
= ₹6,30,000
The colleague later sold the same car at a 2% loss.
Selling Price
= 6,30,000 × (1 − 2 ÷ 100)
= 6,30,000 × 0.98
= ₹6,17,400
Overall Gain of the Assistant Loco Pilot
= 6,30,000 − 6,17,400
= ₹12,600
Final Answer
₹12,600. (Option C)
SSC/RRB Shortcut
The ALP first received 105% of ₹6,00,000 and later paid back 98% of that amount.
Amount received
= ₹6,30,000
Amount paid
= ₹6,30,000 × 98% = ₹6,17,400
Overall Gain
= 6,30,000 − 6,17,400
= ₹12,600
Answer: ₹12,600 Gain
Question 15: A railway catering vendor near Garhmukteshwar Railway Station earned a 20% profit on selling a batch of meal boxes to passengers.
What was the profit percentage calculated on the selling price?
A. 16⅔%
B. 20%
C. 24%
D. 25%
Solution
Given
Profit = 20% of the Cost Price
Formula Used
Profit % = (Profit ÷ Selling Price) × 100
Calculation
Assume the Cost Price (CP) = ₹100.
Profit
= 20% of ₹100
= ₹20
Selling Price
= 100 + 20
= ₹120
Now,
Profit %
= (20 ÷ 120) × 100
= 16⅔%
Final Answer
16⅔%. (Option A)
SSC/RRB Shortcut
20% profit ⇒ SP : CP = 120 : 100 = 6 : 5
Profit
= 6 − 5 = 1 part
Profit % on Selling Price
= (1 ÷ 6) × 100
= 16⅔%
Question 16: A railway souvenir shop near Howrah Railway Station sold a premium railway-themed wall clock for ₹144. The profit percentage was numerically equal to the cost price (in rupees).
What was the cost price of the wall clock?
A. ₹72
B. ₹80
C. ₹90
D. ₹100
Solution
Given
Selling Price (SP) = ₹144
Profit percentage = Cost Price (in rupees)
Formula Used
Profit % = (Profit ÷ Cost Price) × 100
Calculation
Let the Cost Price = ₹x.
Then,
Profit
= 144 − x
According to the question,
Profit Percentage = x
So,
(144 − x) ÷ x × 100 = x
100(144 − x) = x²
14,400 − 100x = x²
x² + 100x − 14,400 = 0
(x + 180)(x − 80) = 0
Since the cost price cannot be negative,
x = ₹80
Final Answer
₹80. (Option B)
Question 17: A luggage shop inside New Delhi Railway Station marked the price of a travel umbrella at ₹80. During a monsoon sale, the shopkeeper sold it for ₹68.
What was the rate of discount offered?
A. 15%
B. 17%
C. 18.5%
D. 20%
Solution
Given
Marked Price (MP) = ₹80
Selling Price (SP) = ₹68
Formula Used
Discount = Marked Price − Selling Price
Discount % = (Discount ÷ Marked Price) × 100
Calculation
Discount
= 80 − 68
= ₹12
Discount %
= (12 ÷ 80) × 100
= 15%
Final Answer
15%. (Option A)
SSC/RRB Shortcut
Discount
= 80 − 68 = ₹12
Since 12 is 15% of 80,
Discount = 15%
Answer: 15%
Question 18 : A home décor shop inside Lulu Mall, Lucknow, marked the price of a premium wooden cupboard at ₹6,500. During a festive sale, the shopkeeper offered a 5% discount on the marked price and still earned a 15% profit.
What was the approximate cost price of the cupboard?
A. ₹5,200
B. ₹5,370
C. ₹5,700
D. ₹5,900
Solution
Given
Marked Price (MP) = ₹6,500
Discount = 5%
Profit = 15%
Formula Used
Selling Price = Marked Price × (1 − Discount% ÷ 100)
Cost Price = Selling Price ÷ (1 + Profit% ÷ 100)
Calculation
Selling Price
= 6,500 × (1 − 5 ÷ 100)
= 6,500 × 0.95
= ₹6,175
Now,
Cost Price
= 6,175 ÷ (1 + 15 ÷ 100)
= 6,175 ÷ 1.15
= ₹5,369.57
= ₹5,370
Final Answer
₹5,370. (Option B)
SSC/RRB Shortcut
After a 5% discount,
Selling Price = ₹6,175
Since this is 115% of the Cost Price,
115% of CP = ₹6,175
Therefore,
CP = 6,175 × 100 ÷ 115
= ₹5,370
Answer: ₹5,370
Question 19: A newly launched electronics store in Nehru Place, New Delhi, sold two ceramic-covered smartphones at the same selling price of ₹48,000 each. On one smartphone, the shopkeeper earned a 20% profit, while on the other, he incurred a 20% loss.
What was the overall profit or loss percentage?
A. 2% Profit
B. 4% Loss
C. 4% Profit
D. No Profit, No Loss
Solution
Given
Selling Price of each smartphone = ₹48,000
Profit on first smartphone = 20%
Loss on second smartphone = 20%
Formula Used
Cost Price = Selling Price ÷ (1 + Profit% ÷ 100)
Cost Price = Selling Price ÷ (1 − Loss% ÷ 100)
Profit/Loss % = (Profit or Loss ÷ Total Cost Price) × 100
Calculation
For the first smartphone,
Cost Price
= 48,000 ÷ 1.20
= ₹40,000
For the second smartphone,
Cost Price
= 48,000 ÷ 0.80
= ₹60,000
Total Cost Price
= 40,000 + 60,000
= ₹1,00,000
Total Selling Price
= 48,000 + 48,000
= ₹96,000
Loss
= 1,00,000 − 96,000
= ₹4,000
Loss %
= (4,000 ÷ 1,00,000) × 100
= 4%
Final Answer
4%. (Option B)
SSC/RRB Shortcut
Since the two articles are sold at the same selling price with equal profit and loss percentages,
Overall Loss %
= (20 × 20) ÷ 100
= 4%
Answer: 4% Loss
Question 20: A newly selected Section Controller in the Indian Railways purchased the latest edition of a ceramic-covered smartphone from an electronics showroom in Civil Lines, Prayagraj. The final bill, including 18% GST, was ₹70,800.
What was the GST amount charged on the smartphone?
A. ₹9,600
B. ₹10,800
C. ₹11,400
D. ₹12,000
Solution
Given
Final Bill Amount (including 18% GST) = ₹70,800
GST Rate = 18%
Formula Used
Amount Including GST = Original Price × (1 + GST% ÷ 100)
GST Amount = Final Bill Amount − Original Price
Calculation
Original Price
= 70,800 ÷ (1 + 18 ÷ 100)
= 70,800 ÷ 1.18
= ₹60,000
GST Amount
= 70,800 − 60,000
= ₹10,800
Final Answer
₹10,800. (Option B)
SSC/RRB Shortcut
Since ₹70,800 represents 118% of the original price,
18% GST = (18 ÷ 118) × 70,800
= 70,800 × 18 ÷ 118
= ₹10,800
Answer: ₹10,800
Important Resources to Profit, Loss & Discount:
- Profit, Loss & Discount Practice Questions
- Profit & Loss Questions with Answers and Solutions
- Profit, Loss and Discount: Formula, Questions, Tricks & Examples for SSC, RRB
- Profit, Loss and Discount Formulas: Complete Formula Sheet for SSC, RRB, Banking & Defence Exams
- Successive Discount Questions with Answers and Solutions
- Marked Price Questions with Answers and Solutions
- GST Questions with Answers and Solutions
- Practice Questions for SSC, RRB, Banking, Defence & Other Competitive Exams
- Dishonest Shopkeeper Questions with Answers and Solutions
- Ratio and Proportion PYQs SSC, RRB, Banking & Defence Exams (Solved)
Profit, Loss & Discount PYQ Analysis
These 20 previous year questions cover the most important Profit, Loss & Discount concepts asked in SSC, RRB, Banking, Defence, CUET, and other competitive exams.
Difficulty Level
- Easy: 8 Questions
- Medium: 9 Questions
- Difficult: 3 Questions
Key Topics Covered
- Profit & Loss Percentage
- Cost Price (CP) & Selling Price (SP)
- Marked Price & Discount
- Successive Discount
- Dishonest Shopkeeper
- Equal Selling Price
- Overall Profit/Loss
- Ratio-Based Questions
- GST
Exam Insight
Most questions test conceptual understanding rather than direct formula application. Mastering CP, SP, Profit, Loss, and Discount relationships is the key to solving these questions quickly.
What You Should Learn From These PYQs
After solving these questions, you should be able to:
- Calculate Profit, Loss, Discount, CP, SP, and MP confidently.
- Solve successive discount and dishonest shopkeeper questions.
- Handle equal selling price and overall profit/loss problems.
- Apply ratio and percentage concepts effectively.
- Use SSC/RRB shortcuts wherever they save time.
- Improve both speed and accuracy for competitive exams.
If you can solve these 20 PYQs within one minute per question on average, you are well prepared for Profit, Loss & Discount questions in SSC, RRB, Banking, Defence, CUET, and other competitive examinations.