{"id":190885,"date":"2025-12-18T20:45:00","date_gmt":"2025-12-18T15:15:00","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=190885"},"modified":"2025-12-18T18:32:18","modified_gmt":"2025-12-18T13:02:18","slug":"profit-and-loss-questions-for-oicl-ao-2025-exam","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/profit-and-loss-questions-for-oicl-ao-2025-exam\/","title":{"rendered":"Profit and Loss Questions for OICL AO 2025 Exam, Get Free PDF"},"content":{"rendered":"
Home<\/a><\/span> \u00bb Banking & Insurance<\/a><\/span> \u00bb Profit and Loss Questions for OICL AO 2025 Exam<\/span><\/span><\/div>\n\n\n

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Profit and Loss is one of the most important topics in the Quantitative Aptitude section of the OICL AO 2025 exam. Questions from this topic are asked every year because they test your basic arithmetic understanding, calculation ability, and real-life business logic. With proper conceptual clarity and regular practice, you can easily score full marks in this area. In this blog, you will understand the importance of Profit and Loss for OICL AO 2025, types of questions asked, formulas you must remember, solved examples, common mistakes, and a smart preparation strategy. You will also get access to a free PDF of Profit and Loss questions for OICL AO 2025<\/strong> at the end.<\/p>\n\n\n\n

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Download Free PDF of Profit and Loss Questions for OICL AO Exam 2025<\/h2><\/div>\n\n\n\n

In this section, we are providing a free PDF of the Profit and Loss <\/strong>Questions for the OICL AO Exam. The PDF is curated by our experts after analysing trends from previous years.\u00a0<\/p>\n\n\n\n

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Download Free PDF of Profit and Loss Questions for OICL AO Exam 2025<\/a><\/div>\n<\/div>\n\n\n\n

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Basic Concepts of Profit and Loss<\/strong><\/h2>\n\n\n\n

Before solving questions, you should be very clear about the following terms.<\/p>\n\n\n\n

\u2022 Cost Price (CP) \u2013 Price at which an article is purchased
\u2022 Selling Price (SP) \u2013 Price at which an article is sold
\u2022 Profit \u2013 When SP is greater than CP
\u2022 Loss \u2013 When SP is less than CP<\/p>\n\n\n\n

Important Formulas<\/strong><\/h3>\n\n\n\n

Profit = SP \u2212 CP
Loss = CP \u2212 SP<\/p>\n\n\n\n

Profit Percentage = (Profit \u00f7 CP) \u00d7 100
Loss Percentage = (Loss \u00f7 CP) \u00d7 100<\/p>\n\n\n\n

Selling Price = CP \u00d7 (100 + Profit%) \u00f7 100
Selling Price = CP \u00d7 (100 \u2212 Loss%) \u00f7 100<\/p>\n\n\n\n

You should revise these formulas daily to avoid confusion during the exam.<\/p>\n\n\n\n

Types of Profit and Loss Questions Asked in OICL AO<\/strong><\/p>\n\n\n\n

In this section, we are discussing the types of profit and loss questions that can be asked in the OICL AO Examination. <\/p>\n\n\n\n

Basic Profit and Loss Questions<\/strong><\/h3>\n\n\n\n

These questions involve direct application of formulas.<\/p>\n\n\n\n

Example<\/strong>
<\/strong>If a shopkeeper buys an article for \u20b9800 and sells it for \u20b9920, find the profit percentage.<\/p>\n\n\n\n

You should first calculate the profit and then apply the formula.<\/p>\n\n\n\n

Marked Price and Discount-Based Questions<\/strong><\/p>\n\n\n\n

In such questions, a discount is given on the marked price, and you need to calculate profit or loss.<\/p>\n\n\n\n

Example<\/strong>
<\/strong>An article is marked at \u20b91000 and sold at a discount of 20%. If the cost price is \u20b9700, find the profit percentage.<\/p>\n\n\n\n

You should first calculate the selling price after the discount and then find the profit.<\/p>\n\n\n\n

Successive Discount Questions<\/strong><\/p>\n\n\n\n

Sometimes two discounts are applied successively.<\/p>\n\n\n\n

You should remember the formula
Net Discount = a + b \u2212 (ab \u00f7 100)<\/p>\n\n\n\n

These questions are common and easy if you know the shortcut.<\/p>\n\n\n\n

False Weight or Defective Weights Questions<\/strong><\/p>\n\n\n\n

In these questions, profit is earned by using incorrect weights.<\/p>\n\n\n\n

Example<\/strong>
<\/strong>A shopkeeper uses 900 grams instead of 1 kg and sells at the cost price. Find the profit percentage.<\/p>\n\n\n\n

You should convert the situation into cost and selling price logically instead of memorising.<\/p>\n\n\n\n

Dishonest Dealings Questions<\/strong><\/p>\n\n\n\n

These questions involve profit on one article and loss on another or the mixing of goods.<\/p>\n\n\n\n

You should carefully read the question and proceed step by step to avoid mistakes.<\/p>\n\n\n\n

How to Solve Profit and Loss Questions Efficiently<\/strong><\/p>\n\n\n\n