{"id":159380,"date":"2025-07-09T16:57:29","date_gmt":"2025-07-09T11:27:29","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=159380"},"modified":"2025-07-09T16:57:30","modified_gmt":"2025-07-09T11:27:30","slug":"profit-loss-for-ibps-po-2025","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/profit-loss-for-ibps-po-2025\/","title":{"rendered":"Profit &amp; Loss for IBPS PO 2025, Check Concept and Tips to Solve"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/www.practicemock.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.practicemock.com\/blog\/category\/ibps-po\/\">IBPS PO<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\">Profit &#038; Loss for IBPS PO 2025, Check Concept and Tips to Solve<\/span><\/span><\/div>\n\n\n<p><\/p>\n\n\n\n<p>Profit and Loss questions are a part of the Arithmetic topic in the IBPS PO exam quantitative aptitude section. There are different types of Profit and Loss questions asked in the IBPS PO exam every year. Most of the types of questions are generally repeated. 4 to 5 questions are generally asked in the exam from this topic. So, it becomes important to have a complete grasp on this topic. To solve Profit and loss questions, you need to understand the concept and remember the formulas. Below, we have provided a complete guide to solve these questions efficiently in your exam. Additionally, sample questions with detailed solutions free PDF are provided below.<\/p>\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 has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Take IBPS PO Free Mock Test To Boost Your Preparation Level<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profit and Loss for IBPS PO 2025: Basic Concepts<\/h2>\n\n\n\n<p>To solve the questions from the Profit and Loss topic, you must first understand the key terms associated with it to solve them quickly. The basic concepts of Profit and Loss include: Cost Price (CP), Selling Price (SP), Profit or Gain, Loss, Marked Price (MP), Discount, Profit%, and Loss%. Knowing about the basic terms and their meanings helps in identifying the information provided in the question. Remember the basic terms and their meaning provided below and note them down for reference.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Term<\/th><th>Definition<\/th><\/tr><\/thead><tbody><tr><td><strong>Cost Price (CP)<\/strong><\/td><td>The price at which an article is purchased<\/td><\/tr><tr><td><strong>Selling Price (SP)<\/strong><\/td><td>The price at which an article is sold<\/td><\/tr><tr><td><strong>Profit or Gain<\/strong><\/td><td>When SP &gt; CP \u21d2 Profit = SP \u2212 CP<\/td><\/tr><tr><td><strong>Loss<\/strong><\/td><td>When CP &gt; SP \u21d2 Loss = CP \u2212 SP<\/td><\/tr><tr><td><strong>Marked Price (MP)<\/strong><\/td><td>The price marked on the article (before discount)<\/td><\/tr><tr><td><strong>Discount<\/strong><\/td><td>Reduction on MP, often in %<\/td><\/tr><tr><td><strong>Profit % \/ Loss %<\/strong><\/td><td>Calculated on CP unless stated otherwise<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dpremium&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1300\" height=\"500\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/06\/Banking-Max-Course-1-1.png\" alt=\"\" class=\"wp-image-152921\"\/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profit and Loss Formulas for IBPS PO Exam<\/h2>\n\n\n\n<p>Note down and remember the formulas of Profit and Loss provided below to solve the questions.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"601\" height=\"410\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/07\/image-13.png\" alt=\"\" class=\"wp-image-159398\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Profit and Loss: Various Concepts asked in IBPS PO 2025<\/h2>\n\n\n\n<p>Conceptual variety of questions asked in IBPS PO is provided below. These include successive Profit and Loss, dishonest shopkeeper, marked price and discount, cost price\/selling price based questions, percentage profit or percentage loss based questions, and articles sold and two different types of profit or losses types of questions. <\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Successive Profit and Loss<\/strong>\n<ul class=\"wp-block-list\">\n<li>Use: {(100\u00b1a)(100\u00b1b)\/100} \u2212 100<\/li>\n\n\n\n<li>Example: <\/li>\n\n\n\n<li>Two successive profits of 10% and 20% <\/li>\n\n\n\n<li>\u21d2 Net % Profit = {(110\u00d7120)\/100} \u2212 100 = 32%<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Dishonest Shopkeeper<\/strong>\n<ul class=\"wp-block-list\">\n<li>Mixing cheap item in costly one.<\/li>\n\n\n\n<li>Using false weights (selling 900 g instead of 1 kg)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Marked Price and Discount<\/strong>\n<ul class=\"wp-block-list\">\n<li>Shopkeeper gives discount but still earns profit \u2192 SP = MP \u2212 Discount, then compare to CP<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Cost Price\/Selling Price based on Profit\/Loss<\/strong>\n<ul class=\"wp-block-list\">\n<li>SP is given with profit % or loss %, find CP using reverse formulas<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Article sold at two different profits\/losses<\/strong>\n<ul class=\"wp-block-list\">\n<li>Find overall gain\/loss % using weighted average or allegation method<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Profit &amp; Loss Sample Questions with Detailed Solutions for IBPS PO 2025<\/h2>\n\n\n\n<p>Profit and loss sample questions will help you practice different types of profit and loss questions. First, try to solve the questions provided here yourself using the formulas provided above. THe solutions for these questions are given in the PDF, and more questions for practice are also given. By solving these questions, you will be able to know the basic concepts of the Profit and Loss topic and understand which types of questions come in the exam. Download a Free PDF with detailed solutions from the link provided below:<\/p>\n\n\n\n<p><strong>Question 1:<\/strong>\u00a0<\/p>\n\n\n\n<p>A shopkeeper gave two successive discounts in an article in the ratio of 4:5, respectively and the individual discount is not more than 30%. If the overall discount given by shopkeeper is 40%, then find the selling price of the product, if the shopkeeper would have sold the article by giving only first discount, given the marked price of the article is Rs. 600.<\/p>\n\n\n\n<p>A) Rs. 540<\/p>\n\n\n\n<p>B) Rs. 550<\/p>\n\n\n\n<p>C) Rs. 480<\/p>\n\n\n\n<p>D) Rs. 500<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 2:<\/strong>\u00a0<\/p>\n\n\n\n<p>A shopkeeper marked an article at 60% above the cost price and sold it after two consecutive discounts of 10% and 25%. Had he sold the article at a single discount of 30% instead of two discounts, he would have gained Rs. 272 more. Find the cost price of the article.<\/p>\n\n\n\n<p>A) Rs. 6,200<\/p>\n\n\n\n<p>B) Rs. 6,400<\/p>\n\n\n\n<p>C) Rs. 6,600<\/p>\n\n\n\n<p>D) Rs. 6,800<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 3:<\/strong>\u00a0<\/p>\n\n\n\n<p>An article was sold at 24% profit. If the same article was sold at 24% loss then the shopkeeper would have earned Rs. 576 less. What was the marked price of the article if the shopkeeper marked the article at 87% above the cost price?<\/p>\n\n\n\n<p>A) Rs. 2196<\/p>\n\n\n\n<p>B) Rs. 2084<\/p>\n\n\n\n<p>C) Rs. 2056<\/p>\n\n\n\n<p>D) Rs. 2244<\/p>\n\n\n\n<p>E) Rs. 2142<\/p>\n\n\n\n<p><strong>Question 4:<\/strong>\u00a0<\/p>\n\n\n\n<p>A shopkeeper sold an article for Rs. (x \u2013 60) and thereby makes a loss of 20%. Had he sold the same article for Rs. (x + 30), he would have made same percentage of profit. Find the selling price of article to earn a profit of 40%.<\/p>\n\n\n\n<p>A) Rs. 320<\/p>\n\n\n\n<p>B) Rs. 240<\/p>\n\n\n\n<p>C) Rs. 280<\/p>\n\n\n\n<p>D) Rs. 315<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 5:<\/strong>\u00a0<\/p>\n\n\n\n<p>Marked price of an article is Rs. 1008 more than its selling price. If the profit earned by the shopkeeper is 40% and marked price of article is 124% more than the cost price of the article, then find the cost price of the article.\u00a0\u00a0<\/p>\n\n\n\n<p>A) Rs. 1250<\/p>\n\n\n\n<p>B) Rs. 1000<\/p>\n\n\n\n<p>C) Rs. 1200<\/p>\n\n\n\n<p>D) Rs. 1400<\/p>\n\n\n\n<p>E) Rs. 1500<\/p>\n\n\n\n<p><strong>Get detailed solutions in the PDF provided below!<\/strong><\/p>\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 has-vivid-red-background-color has-background wp-element-button\" href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?next=https%3A%2F%2Fs1.practicemock.com%2Fexams%2F%3Fc%3Ddashboard%26i%3Dbanking%26dl%3Dhttps%3A%2F%2Fwww.practicemock.com%2Fpricing%2Fmarketing%2Ffiles%2Fpdf%2Fprofit-and-loss-for-ibps-po.pdf&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IBPS PO Profit and Loss Questions: Download Free PDF<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tips to Solve Profit and Loss Questions in IBPS PO Exam 2025<\/h2>\n\n\n\n<p>Below are the expert tips provided to deal with Profit and loss questions in the IBPS PO exam.<\/p>\n\n\n\n<p><strong>1. Memorize All Base Formulas<\/strong><\/p>\n\n\n\n<p>Use smart substitutions instead of re-calculating formulas in every step.<\/p>\n\n\n\n<p>2. <strong>Work with Ratios<\/strong><\/p>\n\n\n\n<p>Sometimes, representing CP:SP in ratio helps solve without formulas.<\/p>\n\n\n\n<p>3. <strong>Use Assumed Values (100 Rule)<\/strong><\/p>\n\n\n\n<p>Assume CP = 100 to easily calculate SP, Profit\/Loss, etc., especially when only % is given.<\/p>\n\n\n\n<p>4. <strong>Handle Discounts Carefully<\/strong><\/p>\n\n\n\n<p>For multiple discounts:<br>Net&nbsp;Discount% =a + b \u2212 {ab\/100}<br>e.g., 20% and 10% \u21d2 28%<\/p>\n\n\n\n<p>5. <strong>Avoid Repetition in Calculations<\/strong><\/p>\n\n\n\n<p>Pre-calculate percentage multipliers (e.g., 20% profit = \u00d71.2)<\/p>\n\n\n\n<p>6. <strong>Watch for Misleading Words<\/strong><\/p>\n\n\n\n<p>Words like &#8220;gain on SP&#8221;, &#8220;loss on MP&#8221;, etc., change the base. Always confirm whether % is on CP or SP.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profit and Loss Shortcuts<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Situation<\/th><th>Shortcut<\/th><\/tr><\/thead><tbody><tr><td>Profit % known, find SP<\/td><td>SP=CP\u00d7{100+P\/100} <\/td><\/tr><tr><td>Loss % known, find SP<\/td><td>SP=CP\u00d7{100\u2212L\/100} <\/td><\/tr><tr><td>SP known, Profit % known<\/td><td>CP={SP\u00d7100\/100+P} <\/td><\/tr><tr><td>SP known, Loss % known<\/td><td>CP={SP\u00d7100\/100\u2212L} <\/td><\/tr><tr><td>Discount + Profit<\/td><td>Net % = {x\u2212y\u2212xy\/100} <\/td><\/tr><tr><td>Two SP equal (Gain and Loss same %)<\/td><td>Net Loss % = (Gain%\/10)* (Gain%\/10)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IBPS PO Quantitative Aptitude Preparation Resources<\/h2>\n\n\n\n<p>We have provided a link to the available preparation resources for complete preparation of the Quantitative Aptitude section of the IBPS PO Prelims and Mains exam.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td colspan=\"2\"><strong>IBPS PO Quant Tests Series&nbsp;<\/strong><\/td><\/tr><tr><td><strong>Quant Topic Tests<\/strong><\/td><td><a href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?next=https%3A%2F%2Fs1.practicemock.com%2Fexams%2F%3Fc%3Dtopicqapre%26i%3Dbanking&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Now&nbsp;<\/a><\/td><\/tr><tr><td><strong>Quant Mini mock Tests<\/strong><\/td><td><a href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?next=https%3A%2F%2Fs1.practicemock.com%2Fexams%2F%3Fc%3Dibpspominipre24%26i%3Dbanking&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Now&nbsp;<\/a><\/td><\/tr><tr><td><strong>Quant Sectional Mock Tests<\/strong><\/td><td><a href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?next=https%3A%2F%2Fs1.practicemock.com%2Fexams%2F%3Fc%3Dibpsposecpre24%26i%3Dbanking%23mocktest&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Now&nbsp;<\/a><\/td><\/tr><tr><td><strong>A Free Full-length Mock Test<\/strong><\/td><td><a href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Now&nbsp;<\/a><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.practicemock.com\/ibps-po-test-series\/?next=https%3A%2F%2Fs1.practicemock.com%2Fexams%2F%3Fc%3Dcbvqacourse%26i%3Dbanking&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\">Complete Banking Quant Video Course<\/a><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Also Read<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/ibps-po\/ibps-po-exam-pattern\/\" target=\"_blank\" rel=\"noreferrer noopener\">IBPS PO Exam Pattern<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/ibps-po\/ibps-po-salary\/\" target=\"_blank\" rel=\"noreferrer noopener\">IBPS PO Salary<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/ibps-po\/ibps-po-previous-year-question-paper\/\" target=\"_blank\" rel=\"noreferrer noopener\">IBPS PO Previous Year Question Paper<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/ibps-po\/ibps-po-cut-off\/\" target=\"_blank\" rel=\"noreferrer noopener\">IBPS PO Cut Off<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em><strong>Join our exclusive Telegram group where our experts are ready to answer all your queries, guide you in banking exam preparation, and give personalised tips to boost your success. Get access to real-time solutions, expert advice, and valuable resources to improve your study journey. [Click here to join now!]<\/strong><\/em><\/p>\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 has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/t.me\/bankgovtjobexamprep\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>PracticeMock Telegram group Link<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dpremium&amp;ref=13569\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1141\" height=\"550\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/06\/Banking-Packages-Banner-6.png\" alt=\"\" class=\"wp-image-154406\"\/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profit and Loss for IBPS PO Exam: FAQs<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1752045832477\"><strong class=\"schema-faq-question\">What is marked price in profit and loss?<\/strong> <p class=\"schema-faq-answer\">Marked Price (MP) is the price marked on the product or article before discount.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1752045833930\"><strong class=\"schema-faq-question\">What is the discount trick for profit loss?<\/strong> <p class=\"schema-faq-answer\">Discount = Marked Price (MP) &#8211; Selling Price (SP)<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1752045835338\"><strong class=\"schema-faq-question\">What is the second name of marked price?<\/strong> <p class=\"schema-faq-answer\">The marked price is also called the listed price.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1752045837569\"><strong class=\"schema-faq-question\">Is Profit and Loss asked in the mains exam?<\/strong> <p class=\"schema-faq-answer\">Yes, questions from the profit and loss topic are included in the Data Interpretation topic.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1752047240670\"><strong class=\"schema-faq-question\">What is the difficulty level of Profit and loss questions in IBPS PO exam?<\/strong> <p class=\"schema-faq-answer\">In the IBPS PO Prelims exam, Profit and loss questions are of an easy to moderate level, but in the mains exam, they are included in DI sets and are of moderate to difficult level.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Get expert tips, guidance, and a free PDF for practice and for tackling profit and loss questions in IBPS PO exam.<\/p>\n","protected":false},"author":29,"featured_media":159384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-159380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ibps-po"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Profit &amp; Loss for IBPS PO 2025, Check Concept and Tips to Solve<\/title>\n<meta name=\"description\" content=\"Get expert tips, guidance, and a free PDF for practice and for tackling profit and loss questions in IBPS PO exam.\" \/>\n<meta name=\"robots\" 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