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Profit and Loss Questions for SSC, Bank & Railway Exams: 49 Free Practice Tests

Profit and loss (with discount and marked price) is one of the most repeated arithmetic topics in SSC CGL, CHSL and bank prelims.

Work everything on cost price as 100 and most questions become simple percentage steps.

Free tests
49
Questions
970
Exams
10

Profit and Loss: Key formulas

  • Profit = SP − CP; Profit% = Profit ÷ CP × 100. Loss% is also on CP.
  • SP = CP × (100 + Profit%) ÷ 100; SP = CP × (100 − Loss%) ÷ 100.
  • Discount is on the marked price: SP = MP × (100 − Discount%) ÷ 100.
  • Two successive discounts a% and b%: single equivalent discount = a + b − (a × b) ÷ 100.
  • Dishonest dealer using a false weight: Gain% = (True weight − False weight) ÷ False weight × 100.
  • If two items are sold at the same SP, one at x% profit and one at x% loss, the overall result is a loss of x²/100 %.

SSC CGL Profit and Loss Questions (9 tests)

155 questions, timed like the SSC CGL paper, with instant score.

SSC CHSL Profit and Loss Questions (5 tests)

90 questions, timed like the SSC CHSL paper, with instant score.

SSC MTS Profit and Loss Questions (4 tests)

60 questions, timed like the SSC MTS paper, with instant score.

SSC GD Profit and Loss Questions (5 tests)

75 questions, timed like the SSC GD paper, with instant score.

SBI PO Profit and Loss Questions (6 tests)

120 questions, timed like the SBI PO paper, with instant score.

SBI Clerk Profit and Loss Questions (11 tests)

310 questions, timed like the SBI Clerk paper, with instant score.

IBPS PO Profit and Loss Questions (4 tests)

80 questions, timed like the IBPS PO paper, with instant score.

IBPS Clerk Profit and Loss Questions (2 tests)

35 questions, timed like the IBPS Clerk paper, with instant score.

RRB NTPC Profit and Loss Questions (1 test)

15 questions, timed like the RRB NTPC paper, with instant score.

RRB Group D Profit and Loss Questions (2 tests)

30 questions, timed like the RRB Group D paper, with instant score.

Profit and Loss Notes and Tricks

Profit and Loss Questions: FAQs

How many free profit and loss tests are on BookOfExams?

49 tests with 970 questions in total, across 10 exams. The count updates whenever a new test is added.

Is profit percentage calculated on SP or CP?

On cost price, unless the question says otherwise.

Are 20% and 10% successive discounts the same as 30%?

No. The single equivalent is 20 + 10 − (20 × 10) ÷ 100 = 28%.

Do these tests have solutions?

Yes. Every test shows your score and accuracy as soon as you submit, with a step-by-step solution for each question after a free sign-in.

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