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CRACKU.IN
Cracku Tip 1 – Profit, Loss and Discount
▪ Profit, Loss and Discount is very important topic for CAT and significant
number of questions are asked from this topic every year.
▪ The number of concepts in these topics is limited and most of the problems
can be solved by applying the formulae directly
▪ This document covers various formulas, tips and shortcuts of Profit, Loss
and Discount topic.
▪ Selling Price
▪ Marked Price
Profit
▪ % Profit or Gain percentage or Profit Percentage = × 100
C.P
Loss
▪ %Loss = × 100
C.P
Discount
▪ %Discount = × 100
M.P
▪ If two items are sold at same price, each at Rs. x, one at a profit of
P2
P% and other at a loss of P% then there will be overall loss of %
100
2P2x
The absolute value of loss =
1002−P2
Error
Gain% = × 100
True value−Error
100 − Loss%
▪ S.P = ( ) C.P (If S.P < C.P)
100
100 × S.P
▪ C.P = (If S.P > C.P)
100 + Profit%
100 × S.P
▪ C.P = (If S.P < C.P)
100 − Loss%
▪ When there are two successive discounts of a% and b% are given then
the,
a∗b
Resultant discount = (a + b - )
100
y−x
Resultant profit % or loss % = × 100
y
4ac−b2
▪ If a > 0: minimum value = and occurs at x = -b/2a
4a
4ac−b2
▪ If a < 0: maximum value = and occurs at x = -b/2a
4a
Data Interpretation
Logical Reasoning
Quantitative Aptitude
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