{"id":166536,"date":"2025-08-12T11:20:23","date_gmt":"2025-08-12T05:50:23","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=166536"},"modified":"2025-08-18T18:57:35","modified_gmt":"2025-08-18T13:27:35","slug":"master-profit-loss-and-discount-for-rbi-grade-b-exam","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/","title":{"rendered":"Master Profit Loss and Discount for RBI Grade B Phase 1 Exam"},"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\/rbi-grade-b\/\">RBI Grade B<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\">Profit Loss and Discount for RBI Grade B<\/span><\/span><\/div>\n\n\n<p><\/p>\n\n\n\n<p><strong>Questions on Profit Loss and Discount usually make up about 1 to 3 questions in the Quant section of RBI Grade B Phase 1 exams. <\/strong>This means around 1 to 3 marks, depending on how well you handle these topics. They are moderately tough but very scoring if you know the right formulas and tricks. Getting these questions right can give you an edge over others because many candidates get confused with the calculations. Here, you will get all the important formulas, easy shortcuts, and smart tips to solve these questions quickly and accurately.<\/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-cyan-blue-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.practicemock.com\/rbi-grade-b-test-series\/?ref=13946\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Attempt a Free RBI Grade B Free Mock Test To Know Your AIR<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong>ALSO READ: <a href=\"https:\/\/www.practicemock.com\/blog\/how-to-score-maximum-marks-in-cloze-test-for-rbi-grade-b-exam\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to Score Maximum Marks in Cloze Test<\/a><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Profit Loss and Discount Matter for RBI Grade B Exam<\/h2>\n\n\n\n<p>Profit, Loss and Discount questions test your understanding of basic business math that banks use daily. These questions can range from simple percentage calculations to tricky problems involving cost price, selling price, and discount rates. RBI Grade B exam papers show that about 5-10% of the Quant section is made up of this topic. That\u2019s enough to say mastering it can help you secure those valuable marks easily.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Main Formulas You Must Know<\/h2>\n\n\n\n<p>Before solving problems, memorize these formulas well. They are the foundation for all Profit, Loss and Discount questions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Profit or Loss = Selling Price &#8211; Cost Price<\/strong><\/li>\n\n\n\n<li>If Selling Price &gt; Cost Price, you have Profit.<\/li>\n\n\n\n<li>If Cost Price &gt; Selling Price, you have Loss.<\/li>\n\n\n\n<li><strong>Profit% = (Profit \u00f7 Cost Price) \u00d7 100<\/strong><\/li>\n\n\n\n<li><strong>Loss% = (Loss \u00f7 Cost Price) \u00d7 100<\/strong><\/li>\n\n\n\n<li><strong>Selling Price = Cost Price + Profit<\/strong><\/li>\n\n\n\n<li><strong>Selling Price = Cost Price &#8211; Loss<\/strong><\/li>\n\n\n\n<li><strong>Discount = Marked Price &#8211; Selling Price<\/strong><\/li>\n\n\n\n<li><strong>Discount% = (Discount \u00f7 Marked Price) \u00d7 100<\/strong><\/li>\n\n\n\n<li><strong>Marked Price = Selling Price + Discount<\/strong><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong>ALSO READ: <a href=\"https:\/\/www.practicemock.com\/blog\/how-to-score-maximum-marks-in-cloze-test-for-rbi-grade-b-exam\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to Score Maximum Marks in Cloze Test<\/a><\/strong> &amp; <strong><a href=\"https:\/\/www.practicemock.com\/blog\/ratio-proportion-for-rbi-grade-b-exam\/\">Ratio &amp; Proportion Concepts<\/a><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Understanding Profit and Loss Problems<\/h2>\n\n\n\n<p>Profit and loss questions usually ask you to find either profit, loss, selling price, or cost price when given some values. The tricky part is to identify what is given and what needs to be found. Always remember, the base for profit or loss percentage is Cost Price, not selling price.<\/p>\n\n\n\n<p><strong>Example 1:<\/strong><\/p>\n\n\n\n<p>A shopkeeper buys an item for Rs. 500 and sells it for Rs. 600. What is his profit percentage?<\/p>\n\n\n\n<p><strong>Solution:<\/strong><\/p>\n\n\n\n<p>Profit = 600 &#8211; 500 = Rs. 100<\/p>\n\n\n\n<p>Profit % = (100 \u00f7 500) \u00d7 100 = 20%<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Solve Discount Questions Fast<\/strong><\/h2>\n\n\n\n<p>Discount questions are common and can look confusing if you don\u2019t remember the difference between marked price and selling price.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Marked Price<\/strong> is the price tagged on the product.<\/li>\n\n\n\n<li><strong>Selling Price<\/strong> is the actual price after giving discount.<\/li>\n<\/ul>\n\n\n\n<p><strong>Example 2:<\/strong><\/p>\n\n\n\n<p>An item has a marked price of Rs. 800. The shopkeeper offers a 10% discount. What is the selling price?<\/p>\n\n\n\n<p><strong>Solution:<\/strong><\/p>\n\n\n\n<p>Discount = 10% of 800 = \u20b980<\/p>\n\n\n\n<p>Selling Price = 800 &#8211; 80 = Rs. 720<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tricks to Solve Profit Loss and Discount Questions Quickly<\/h2>\n\n\n\n<p>Here are some simple tricks that save time in the exam:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Use percentages directly on cost or marked price<\/h3>\n\n\n\n<p>Instead of converting percentages to decimals and then multiplying, multiply the cost price or marked price by the percentage directly. For example, 20% profit on Rs. 400 is 20 \u00d7 4 = Rs. 80 profit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Remember the shortcut for discount<\/h3>\n\n\n\n<p>If discount is x%, then selling price = (100 &#8211; x)% of marked price.<\/p>\n\n\n\n<p>Example: For 25% discount on Rs. 400, selling price = 75% of 400 = Rs. 300.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Combine profit and loss in one formula<\/h3>\n\n\n\n<p>If profit% = P and loss% = L,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Selling Price = Cost Price \u00d7 (1 + P\/100) or<\/li>\n\n\n\n<li>Selling Price = Cost Price \u00d7 (1 &#8211; L\/100)<\/li>\n<\/ul>\n\n\n\n<p>This helps avoid confusion about whether to add or subtract.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Use reverse calculations for cost price<\/h3>\n\n\n\n<p>If selling price and profit percentage are given, calculate cost price using:<\/p>\n\n\n\n<p>Cost Price = Selling Price \u00f7 (1 + Profit%) or<\/p>\n\n\n\n<p>Cost Price = Selling Price \u00f7 (1 &#8211; Loss%)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Practice Examples Like RBI Grade B<\/strong><\/h2>\n\n\n\n<p>Try these practice questions that resemble actual RBI Grade B problems.<\/p>\n\n\n\n<p><strong>Example 3:<\/strong><\/p>\n\n\n\n<p>A trader sells an article at a loss of 10%. If the selling price is Rs. 450, find the cost price.<\/p>\n\n\n\n<p>Solution:<\/p>\n\n\n\n<p>Cost Price = Selling Price \u00f7 (1 &#8211; Loss%)<br>= 450 \u00f7 0.9 = Rs. 500<\/p>\n\n\n\n<p><strong>Example 4:<\/strong><\/p>\n\n\n\n<p>An item is marked at Rs. 1,200 and sold at Rs. 960. Find the discount percentage.<\/p>\n\n\n\n<p>Solution:<\/p>\n\n\n\n<p>Discount = 1,200 &#8211; 960 = rs. 240<\/p>\n\n\n\n<p>Discount % = (240 \u00f7 1,200) \u00d7 100 = 20%<\/p>\n\n\n\n<p><strong>Example 5:<\/strong><\/p>\n\n\n\n<p>A shopkeeper offers a 15% discount on the marked price and still makes a profit of 10%. Find the cost price if the marked price is rs. 2,000.<\/p>\n\n\n\n<p>Solution:<\/p>\n\n\n\n<p>Selling Price = Marked Price &#8211; Discount = 2000 &#8211; (15% of 2000)<br>= 2000 &#8211; 300 = rs. 1,700<\/p>\n\n\n\n<p>Let Cost Price = C.<\/p>\n\n\n\n<p>Since profit is 10%,<\/p>\n\n\n\n<p>Selling Price = Cost Price \u00d7 110%<br>1700 = 1.1 \u00d7 C<br>C = 1700 \u00f7 1.1 = Rs. 1,545.45<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Exam-Like Questions for Practice<\/h2>\n\n\n\n<p><strong>Question 1:<\/strong>&nbsp;A shopkeeper is giving a discount of 20% on the marked price, but a customer bargains and the shopkeeper sells him at Rs. 240 less than he was supposed to sell. If the profit of the shopkeeper is decreased from 80% to 50%, then find the marked price of the item.&nbsp;&nbsp;<\/p>\n\n\n\n<p>A) Rs. 1800<\/p>\n\n\n\n<p>B) Rs. 1600<\/p>\n\n\n\n<p>C) Rs. 1200<\/p>\n\n\n\n<p>D) Rs. 1000<\/p>\n\n\n\n<p>E) Rs. 800<\/p>\n\n\n\n<p><strong>Question 2:<\/strong>&nbsp;Monthly income of Vimal is 30% more than the monthly income of Monika. Monthly savings of Monika and Vimal are in the ratio 4:5, respectively. Monthly savings of Vimal is 25% less than the monthly expenses of Monika. Find the monthly income of Monika, if her expenses are Rs. 6,600 less than the monthly expenses of Vimal.<\/p>\n\n\n\n<p>A) Rs. 24,000<\/p>\n\n\n\n<p>B) Rs. 28,000<\/p>\n\n\n\n<p>C) Rs. 32,000<\/p>\n\n\n\n<p>D) Rs. 36,000<\/p>\n\n\n\n<p>E) Cannot be determined<\/p>\n\n\n\n<p><strong>Question 3:<\/strong>&nbsp;Dinesh, Rohit and Shikhar started a business with initial investments of Rs. 1,200, Rs. 1,500 and Rs. 2,000 respectively. After one year, Dinesh, Rohit and Shikhar made additional investments of Rs. \u2018x + 100\u2019, Rs. 2x and Rs. \u20183x\u2019 respectively. Find the value of \u2018x\u2019 if the profit share of Rohit out of the total profit of Rs. 12,750 is Rs. 4,080.<\/p>\n\n\n\n<p>A) Rs. 300<\/p>\n\n\n\n<p>B) Rs. 400<\/p>\n\n\n\n<p>C) Rs. 500<\/p>\n\n\n\n<p>D) Rs. 600<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 4:<\/strong>&nbsp;A shopkeeper marked his goods 80% above the cost price and sold it after giving a discount of 15%. If he had marked it at 86% above the cost price and sold it after giving a discount of 10%, then he would have earned Rs. 180 more. Find the original selling price of the goods.<\/p>\n\n\n\n<p>A) Rs. 1687.5<\/p>\n\n\n\n<p>B) Rs. 1800<\/p>\n\n\n\n<p>C) Rs. 1912.5<\/p>\n\n\n\n<p>D) Rs. 1575<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928<\/strong><strong> 1:<\/strong>&nbsp;\u090f\u0915 \u0926\u0941\u0915\u093e\u0928\u0926\u093e\u0930 \u0905\u0902\u0915\u093f\u0924 \u092e\u0942\u0932\u094d\u092f \u092a\u0930 20% \u0915\u093e \u091b\u0941\u091f \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0924\u093e \u0939\u0948 \u092a\u0930 \u090f\u0915 \u0917\u094d\u0930\u093e\u0939\u0915 \u0909\u0938\u0938\u0947 \u0924\u093e\u0932-\u092e\u094b\u0932 \u0915\u0930\u0924\u093e \u0939\u0948 \u0914\u0930 \u0907\u0938 \u0915\u093e\u0930\u0923 \u0926\u0941\u0915\u093e\u0928\u0926\u093e\u0930 \u0935\u0938\u094d\u0924\u0941 \u0915\u094b \u0935\u093e\u0938\u094d\u0924\u0935\u093f\u0915 \u0935\u093f\u0915\u094d\u0930\u092f \u092e\u0942\u0932\u094d\u092f \u0938\u0947 Rs 240 \u0915\u092e \u092e\u0947\u0902 \u092c\u0947\u091a\u0924\u093e \u0939\u0948|\u092f\u0926\u093f \u0926\u0941\u0915\u093e\u0928\u0926\u093e\u0930 \u0915\u093e \u0932\u093e\u092d \u092a\u094d\u0930\u0924\u093f\u0936\u0924 80% \u0938\u0947 \u0918\u091f \u0915\u0930 50% \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948 \u0924\u094b \u0935\u0938\u094d\u0924\u0941 \u0915\u093e \u0905\u0902\u0915\u093f\u0924 \u092e\u0942\u0932\u094d\u092f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902|<\/p>\n\n\n\n<p>A) Rs. 1800<\/p>\n\n\n\n<p>B) Rs. 1600<\/p>\n\n\n\n<p>C) Rs. 1200<\/p>\n\n\n\n<p>D) Rs. 1000<\/p>\n\n\n\n<p>E) Rs. 800<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928<\/strong><strong> 2:<\/strong>&nbsp;Vimal \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Monika \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0938\u0947 30% \u0905\u0927\u093f\u0915 \u0939\u0948|Monika \u0914\u0930 Vimal \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 \u0915\u094d\u0930\u092e\u0936\u0903 4:5 \u0939\u0948|Vimal \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 Monika \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0935\u094d\u092f\u092f \u0938\u0947 25% \u0915\u092e \u0939\u0948|Monika \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902, \u092f\u0926\u093f \u0909\u0938\u0915\u093e \u0935\u094d\u092f\u092f Vimal \u0915\u0947 \u092e\u093e\u0938\u093f\u0915 \u0935\u094d\u092f\u092f \u0938\u0947 Rs 6,600 \u0915\u092e \u0939\u0948|<\/p>\n\n\n\n<p>A) Rs. 24,000<\/p>\n\n\n\n<p>B) Rs. 28,000<\/p>\n\n\n\n<p>C) Rs. 32,000<\/p>\n\n\n\n<p>D) Rs. 36,000<\/p>\n\n\n\n<p>E) Cannot be determined<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928<\/strong><strong> 3:<\/strong>&nbsp;None<\/p>\n\n\n\n<p>A) Rs. 300<\/p>\n\n\n\n<p>B) Rs. 400<\/p>\n\n\n\n<p>C) Rs. 500<\/p>\n\n\n\n<p>D) Rs. 600<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928<\/strong><strong> 4:<\/strong>&nbsp;\u090f\u0915 \u0926\u0941\u0915\u093e\u0928\u0926\u093e\u0930 \u0905\u092a\u0928\u0947 \u0935\u0938\u094d\u0924\u0941 \u0915\u094b \u0915\u094d\u0930\u092f \u092e\u0942\u0932\u094d\u092f \u0938\u0947 80% \u0905\u0927\u093f\u0915 \u092a\u0930 \u0905\u0902\u0915\u093f\u0924 \u0915\u0930\u0924\u093e \u0939\u0948 \u0914\u0930 \u092b\u093f\u0930 15% \u0915\u0940 \u091b\u0941\u091f \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930 \u092c\u0947\u091a\u0924\u093e \u0939\u0948|\u092f\u0926\u093f \u0909\u0938\u0928\u0947 \u0935\u0938\u094d\u0924\u0941 \u0915\u094b \u0915\u094d\u0930\u092f \u092e\u0942\u0932\u094d\u092f \u0938\u0947 86% \u0905\u0927\u093f\u0915 \u092a\u0930 \u0905\u0902\u0915\u093f\u0924 \u0915\u093f\u092f\u093e \u0939\u094b\u0924\u093e \u0914\u0930 10% \u0915\u0940 \u091b\u0941\u091f \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930 \u092c\u0947\u091a\u093e \u0939\u094b\u0924\u093e \u0924\u094b \u0909\u0938\u0928\u0947 Rs. 180 \u0914\u0930 \u0905\u0927\u093f\u0915 \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u093f\u090f \u0939\u094b\u0924\u0947|\u0935\u0938\u094d\u0924\u0941 \u0915\u093e \u0935\u093e\u0938\u094d\u0924\u0935\u093f\u0915 \u0935\u093f\u0915\u094d\u0930\u092f \u092e\u0942\u0932\u094d\u092f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902|<\/p>\n\n\n\n<p>A) Rs. 1687.5<\/p>\n\n\n\n<p>B) Rs. 1800<\/p>\n\n\n\n<p>C) Rs. 1912.5<\/p>\n\n\n\n<p>D) Rs. 1575<\/p>\n\n\n\n<p>E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n<p><strong>ANSWER KEYS and SOLUTIONS:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>1) &#8211; A)<\/td><td>2) &#8211; C)<\/td><td>3) &#8211; C)<\/td><td>4) &#8211; C)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution 1: A)<\/strong><\/p>\n\n\n\n<p>Let, marked price of the article = Rs. x<\/p>\n\n\n\n<p>And, cost price of the item = Rs. y<\/p>\n\n\n\n<p>According to question,<\/p>\n\n\n\n<p>1.8y = 0.8x \u2026 (i)<\/p>\n\n\n\n<p>And, 1.5y = 0.8x \u2013 240 \u2026 (ii)<\/p>\n\n\n\n<p>Using both equations, we get,<\/p>\n\n\n\n<p>1.8y = 1.5y + 240<\/p>\n\n\n\n<p>0.3y = 240<\/p>\n\n\n\n<p>y = 240\/0.3<\/p>\n\n\n\n<p>y = Rs. 800<\/p>\n\n\n\n<p>So, x = (1.8 \u00d7 800)\/0.8 = 1800<\/p>\n\n\n\n<p>Hence, option a.<\/p>\n\n\n\n<p><strong>Solution 2: C)<\/strong><\/p>\n\n\n\n<p>Let the monthly savings of Monika and Vimal be Rs. 4x and Rs. 5x, respectively.<\/p>\n\n\n\n<p>Let the monthly income of Monika = Rs. y<\/p>\n\n\n\n<p>So the monthly income of Vimal = Rs. 1.3y<\/p>\n\n\n\n<p>Monthly expenses of Monika = 5x\/0.75 = Rs. 20x\/3<\/p>\n\n\n\n<p>Monthly expenses of Vimal = Rs. (20x\/3 + 6,600)<\/p>\n\n\n\n<p>According to question: (4x + 20x\/3)\/ (5x + 20x\/3 + 6600) = y\/1.3y<\/p>\n\n\n\n<p>32x\/ (35x + 19800) = 10\/13<\/p>\n\n\n\n<p>416x = 350x + 198000<\/p>\n\n\n\n<p>66x = 198000, x = 3000<\/p>\n\n\n\n<p>So the monthly income of Monika = 4 \u00d7 3000 + 20 \u00d7 3000\/3 = Rs. 32,000<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><strong>Solution 3: C)<\/strong><\/p>\n\n\n\n<p>Ratio of their profits = (1200 + 1200 + x + 100): (1500 + 1500 + 2x): (2000 + 2000 + 3x)<\/p>\n\n\n\n<p>= (2500 + x): (3000+ 2x): (4000 + 3x)<\/p>\n\n\n\n<p>According to question: (3000 + 2x)\/(9500 + 6x) = 4080\/12750<\/p>\n\n\n\n<p>(3000 + 2x)\/(9500 + 6x) = 8\/25<\/p>\n\n\n\n<p>75000 + 50x = 76000 + 48x<\/p>\n\n\n\n<p>2x = 1000<\/p>\n\n\n\n<p>x = 500<\/p>\n\n\n\n<p>So, the value of \u2018x\u2019 = Rs. 500<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><strong>Solution 4: C)<\/strong><\/p>\n\n\n\n<p>Let the cost price of the goods be Rs. 100x<\/p>\n\n\n\n<p>Selling price of the article when 15% of discount is given = 100x \u00d7 1.8 \u00d7 0.85 = Rs. 153x<\/p>\n\n\n\n<p>Selling price of the article when 10% of discount is given = 100x \u00d7 1.86 \u00d7 0.9 = Rs. 167.4x<\/p>\n\n\n\n<p>According to question;<\/p>\n\n\n\n<p>167.4x \u2013 153x = 180<\/p>\n\n\n\n<p>14.4x = 180<\/p>\n\n\n\n<p>x = 12.5<\/p>\n\n\n\n<p>Original selling price of the article = 153 \u00d7 12.5 = Rs. 1912.5<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tips for Mastering Profit Loss and Discount<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Always write down what is given and what is asked before solving.<\/li>\n\n\n\n<li>Practice problems of all types: profit only, loss only, discount only, and combined.<\/li>\n\n\n\n<li>Solve questions involving multiple transactions to build speed.<\/li>\n\n\n\n<li>Learn to quickly identify if profit or loss is involved by comparing cost and selling price.<\/li>\n\n\n\n<li>Use approximation in your practice to save time but avoid it in the final exam.<\/li>\n\n\n\n<li>Take mock tests regularly and time yourself for 1 minute per question.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Daily Mini Task for Practice<\/strong><\/h2>\n\n\n\n<p>To improve fast, solve these every day:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>At least 5 Profit Loss or Discount problems.<\/li>\n\n\n\n<li>Include one question on calculating cost price from selling price.<\/li>\n\n\n\n<li>Solve one discount problem involving marked price and selling price.<\/li>\n\n\n\n<li>Note down mistakes and revise them before sleeping.<\/li>\n<\/ul>\n\n\n\n<p>Repeat this for 10 days to boost accuracy and speed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Takeaway<\/strong><\/h2>\n\n\n\n<p>Profit, Loss and Discount are topics that offer quick marks if you keep practicing regularly. The formulas and tricks shared here are your best tools. Use them wisely and solve as many questions as you can. With steady practice, you will crack these questions in seconds and boost your RBI Grade B Phase 1 score. Keep at it and watch your confidence grow!<\/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-cyan-blue-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fs1.practicemock.com%2Fpricing%2Findex.php%3Fc%3Drbi24&amp;ref=13946\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Signup &amp; Get RBI Grade B Preparation Courses <\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong>Are you preparing for the RBI Grade B exam 2025? If so, it&#8217;s the ideal time to start and accelerate your exam preparation. The notification can be released anytime soon! <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Drbi25&amp;ref=13851\" target=\"_blank\" rel=\"noreferrer noopener\">Start preparing with the course that best suits you below!<\/a><\/strong><\/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%3Drbi25&amp;ref=13946\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1141\" height=\"620\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Make-RBI-Grade-B-2025-Exam-Preparation-Notes-for-Phase-1-and-Phase-2.png\" alt=\"\" class=\"wp-image-154760\"\/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td colspan=\"2\"><strong>Other Related Blogs on RBI Grade B 2024<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Notification<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b\/rbi-grade-b-syllabus\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Syllabus<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b\/rbi-grade-b-cut-off\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Cut Off<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b\/rbi-grade-b-study-plan-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Study Plan<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b\/rbi-grade-b-2024-preparation-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Preparation Strategy<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-eligibility-criteria\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Eligibility Criteria<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-exam-pattern\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Exam Pattern<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-vacancy\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Vacancy<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-salary\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Salary<\/a><\/td><td><a href=\"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-exam-date-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">RBI Grade B Exam Date<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1754919335348\"><strong class=\"schema-faq-question\">How many Profit Loss and Discount questions appear in RBI Grade B Phase 1?<\/strong> <p class=\"schema-faq-answer\">Usually 3 to 5 questions, worth around 10 to 15 marks.<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754919347730\"><strong class=\"schema-faq-question\">Is profit or loss percentage always based on cost price?<\/strong> <p class=\"schema-faq-answer\">Yes, profit and loss percentages are always calculated on the cost price.<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754919350367\"><strong class=\"schema-faq-question\">What is the formula to find selling price after discount?<\/strong> <p class=\"schema-faq-answer\">Selling Price = Marked Price \u00d7 (100 &#8211; Discount%) \u00f7 100.<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754919373367\"><strong class=\"schema-faq-question\">How to calculate cost price if selling price and profit % are given?<\/strong> <p class=\"schema-faq-answer\">Cost Price = Selling Price \u00f7 (1 + Profit% \u00f7 100).<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754919384780\"><strong class=\"schema-faq-question\">Can discount percentage ever be more than 100%?<\/strong> <p class=\"schema-faq-answer\">No, discount percentage cannot exceed 100%.<\/p> <\/div> <\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get the most important formulas and tips to solve Profit Loss and Discount questions quickly. Perfect for RBI Grade B Phase 1 exam preparation.<\/p>\n","protected":false},"author":6,"featured_media":166566,"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":[19],"tags":[],"class_list":["post-166536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi-grade-b"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Master Profit Loss and Discount for RBI Grade B Phase 1 Exam<\/title>\n<meta name=\"description\" content=\"Learn easy formulas and smart tricks to solve Profit Loss and Discount questions fast for RBI Grade B Phase 1 exam. Practice and score well.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Master Profit Loss and Discount for RBI Grade B Phase 1 Exam\" \/>\n<meta property=\"og:description\" content=\"Learn easy formulas and smart tricks to solve Profit Loss and Discount questions fast for RBI Grade B Phase 1 exam. Practice and score well.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/\" \/>\n<meta property=\"og:site_name\" content=\"Practicemock\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-12T05:50:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-18T13:27:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Asad Yar Khan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asad Yar Khan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Master Profit Loss and Discount for RBI Grade B Phase 1 Exam","description":"Learn easy formulas and smart tricks to solve Profit Loss and Discount questions fast for RBI Grade B Phase 1 exam. Practice and score well.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/","og_locale":"en_US","og_type":"article","og_title":"Master Profit Loss and Discount for RBI Grade B Phase 1 Exam","og_description":"Learn easy formulas and smart tricks to solve Profit Loss and Discount questions fast for RBI Grade B Phase 1 exam. 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During his 3+ years' stint at PracticeMock, he has helped thousands of aspirants gain the confidence to achieve top results. In his free time, he either transforms into a sleep lover, devours books, or becomes an outdoor enthusiast.","url":"https:\/\/www.practicemock.com\/blog\/author\/asad-khanpracticemock-com\/"},{"@type":"Question","@id":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919335348","position":1,"url":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919335348","name":"How many Profit Loss and Discount questions appear in RBI Grade B Phase 1?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Usually 3 to 5 questions, worth around 10 to 15 marks.<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919347730","position":2,"url":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919347730","name":"Is profit or loss percentage always based on cost price?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, profit and loss percentages are always calculated on the cost price.<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919350367","position":3,"url":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919350367","name":"What is the formula to find selling price after discount?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Selling Price = Marked Price \u00d7 (100 - Discount%) \u00f7 100.<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919373367","position":4,"url":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919373367","name":"How to calculate cost price if selling price and profit % are given?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Cost Price = Selling Price \u00f7 (1 + Profit% \u00f7 100).<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919384780","position":5,"url":"https:\/\/www.practicemock.com\/blog\/master-profit-loss-and-discount-for-rbi-grade-b-exam\/#faq-question-1754919384780","name":"Can discount percentage ever be more than 100%?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, discount percentage cannot exceed 100%.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"uagb_featured_image_src":{"full":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",1200,675,false],"thumbnail":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",150,84,false],"medium":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",300,169,false],"medium_large":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",640,360,false],"large":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",640,360,false],"1536x1536":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",1200,675,false],"2048x2048":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",1200,675,false],"web-stories-poster-portrait":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",640,360,false],"web-stories-publisher-logo":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",96,54,false],"web-stories-thumbnail":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2025\/08\/Master-Profit-Loss-and-Discount-for-RBI-Grade-B-Phase-1-Exam.png",150,84,false]},"uagb_author_info":{"display_name":"Asad Yar Khan","author_link":"https:\/\/www.practicemock.com\/blog\/author\/asad-khanpracticemock-com\/"},"uagb_comment_info":1,"uagb_excerpt":"Get the most important formulas and tips to solve Profit Loss and Discount questions quickly. 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