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Profit and Loss Complete Notes & Questions | लाभ एवं हानि

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Basic Terms / मूल शब्दावली

Cost Price — CP / क्रय मूल्य

The price at which an article is purchased is called its Cost Price.

जिस मूल्य पर कोई वस्तु खरीदी जाती है उसे क्रय मूल्य कहते हैं।

Selling Price — SP / विक्रय मूल्य

The price at which an article is sold is called its Selling Price.

जिस मूल्य पर वस्तु बेची जाती है उसे विक्रय मूल्य कहते हैं।

Marked Price — MP / अंकित मूल्य

The price printed or marked on an article before discount is called its Marked Price.

छूट देने से पहले वस्तु पर लिखा मूल्य अंकित मूल्य कहलाता है।


Profit / लाभ

When:

SP > CP

there is profit.

जब विक्रय मूल्य क्रय मूल्य से अधिक हो, तो लाभ होता है।

Profit = SP − CP

Profit Percentage

Profit% = (Profit/CP) × 100


Loss / हानि

When:

CP > SP

there is a loss.

Loss = CP − SP

Loss Percentage

Loss% = (Loss/CP) × 100

Profit or loss percentage is normally calculated on Cost Price, unless the question explicitly gives another base.


Important Direct Formulas

If profit is x%:

SP = CP × (100+x)/100

If loss is x%:

SP = CP × (100−x)/100

If SP and profit% are known:

CP = SP × 100/(100+Profit%)

If SP and loss% are known:

CP = SP × 100/(100−Loss%)


Discount / छूट

Discount = MP − SP

Discount% = (Discount/MP) × 100

Notice the difference:

Profit/Loss % → CP के आधार पर

Discount % → MP के आधार पर

This distinction is extremely important in SSC and Railway questions.


Successive Discounts / क्रमिक छूट

If two successive discounts are a% and b%:

Equivalent Discount = a + b − ab/100

Example:

20% and 10%

= 20+10−2

= 28%

Therefore, successive discounts of 20% and 10% are not 30%.


Same SP, Equal Profit and Loss %

A very important exam concept:

Two articles are sold at the same selling price. One gives x% profit and the other x% loss.

Overall result is always a loss.

Loss% = x²/100

Example:

20% profit and 20% loss:

Loss% = 400/100

= 4% loss


Dishonest Dealer Concept / बेईमान दुकानदार

Suppose a shopkeeper claims to sell at cost price but gives only 900 g instead of 1 kg.

He charges the cost of 1000 g while actually supplying 900 g.

If cost of 1 kg = ₹100:

Cost of 900 g = ₹90

SP = ₹100

Profit = ₹10

Profit%:

10/90 ×100

= 11.11%


Profit & Loss — 30 Questions

लाभ एवं हानि — 30 प्रश्न

Q1

An article is purchased for ₹500 and sold for ₹600. Profit percentage is:

₹500 में खरीदी वस्तु ₹600 में बेची गई। लाभ प्रतिशत क्या है?

A. 10%
B. 15%
C. 20%
D. 25%

Answer / उत्तर: C

Explanation: Profit=100. Profit%=100/500×100=20%.


Q2

CP=₹800 and SP=₹720. Loss percentage?

A. 8%
B. 10%
C. 12%
D. 15%

Answer: B


Q3

An article costing ₹1,200 is sold at 25% profit. SP?

A. ₹1,400
B. ₹1,450
C. ₹1,500
D. ₹1,600

Answer: C


Q4

An article costing ₹2,000 is sold at 15% loss. SP?

A. ₹1,600
B. ₹1,700
C. ₹1,750
D. ₹1,800

Answer: B


Q5

An article is sold for ₹1,320 at 10% profit. CP?

A. ₹1,100
B. ₹1,200
C. ₹1,250
D. ₹1,300

Answer: B


Q6

An article is sold for ₹1,600 at 20% loss. CP?

A. ₹1,800
B. ₹1,900
C. ₹2,000
D. ₹2,200

Answer: C


Q7

MP=₹1,000. Discount=20%. SP?

A. ₹700
B. ₹750
C. ₹800
D. ₹850

Answer: C


Q8

An article marked ₹2,000 is sold for ₹1,700. Discount percentage?

A. 10%
B. 12%
C. 15%
D. 20%

Answer: C


Q9

Successive discounts of 20% and 10% are equivalent to:

A. 26%
B. 28%
C. 30%
D. 32%

Answer: B


Q10

Successive discounts of 10% and 20% on ₹1,000 give final price:

A. ₹700
B. ₹720
C. ₹750
D. ₹800

Answer: B


Q11

A shopkeeper marks an article 25% above CP and gives 10% discount. Profit percentage?

A. 10%
B. 11.5%
C. 12.5%
D. 15%

Answer: C

Explanation: Assume CP=100. MP=125. SP=112.5. Profit=12.5%.


Q12

A trader marks goods 40% above CP and gives 20% discount. Profit percentage?

A. 10%
B. 12%
C. 15%
D. 20%

Answer: B


Q13

If SP is doubled, profit becomes three times the original profit. Find original profit%.

A. 50%
B. 75%
C. 100%
D. 125%

Answer: C

Explanation: Let CP=C and original SP=S. S−C=P. New profit=2S−C=3P=3(S−C). Hence C=S/2, so S=2C. Original profit=C=100%.


Q14

A trader sells an article at 20% profit. If CP increases by 25% but SP remains unchanged, the result is:

A. 4% profit
B. 4% loss
C. 5% loss
D. No profit, no loss

Answer: B


Q15

A shopkeeper sells two articles for ₹1,200 each. On one he gains 20%, and on the other he loses 20%. Overall:

A. 4% profit
B. 4% loss
C. No profit/loss
D. 8% loss

Answer: B


Q16

An article is sold at 25% profit. If both CP and SP increase by ₹100, profit becomes 20%. Original CP?

A. ₹300
B. ₹400
C. ₹500
D. ₹600

Answer: B


Q17

A trader sells an article for ₹540 and loses 10%. To gain 20%, he should sell it for:

A. ₹660
B. ₹700
C. ₹720
D. ₹750

Answer: C


Q18

A person buys 20 articles for ₹1,600 and sells each for ₹100. Profit percentage?

A. 20%
B. 25%
C. 30%
D. 40%

Answer: B


Q19

A trader buys 10 items for ₹8 each and sells 8 items for ₹10 each. Overall result?

A. 20% profit
B. 25% profit
C. No profit/loss
D. 20% loss

Answer: C


Q20

By selling an article for ₹450, a trader loses 10%. At what price should it be sold for 20% profit?

A. ₹550
B. ₹575
C. ₹600
D. ₹625

Answer: C


Q21

An article is sold for ₹690 after a 25% discount. Marked price?

A. ₹900
B. ₹920
C. ₹940
D. ₹960

Answer: B


Q22

A seller allows 20% discount but still earns 20% profit. If CP=₹800, MP is:

A. ₹1,000
B. ₹1,100
C. ₹1,200
D. ₹1,250

Answer: C


Q23

A trader sells at cost price but uses 800 g instead of 1 kg. Profit percentage?

A. 20%
B. 25%
C. 30%
D. 40%

Answer: B


Q24

A dishonest dealer claims 10% loss but uses 800 g instead of 1 kg. Actual profit percentage?

A. 10%
B. 11.25%
C. 12.5%
D. 15%

Answer: C


Q25

A shopkeeper earns 20% profit after giving 20% discount. Marked price is what percent above CP?

A. 40%
B. 45%
C. 50%
D. 60%

Answer: C


Q26

If an article is sold at 10% loss instead of 10% profit, the seller receives ₹120 less. CP?

A. ₹500
B. ₹600
C. ₹700
D. ₹800

Answer: B


Q27

A trader gains 25% by selling an article for ₹1,000. If he sells it for ₹880, profit percentage?

A. 8%
B. 10%
C. 12%
D. 15%

Answer: B


Q28

A seller wants 25% profit after giving 20% discount. If CP=₹640, MP?

A. ₹900
B. ₹950
C. ₹1,000
D. ₹1,050

Answer: C


Q29

A person sold an article at 20% loss. If he had sold it for ₹200 more, he would have gained 20%. CP?

A. ₹400
B. ₹500
C. ₹600
D. ₹800

Answer: B


Q30

A trader marks an article 60% above CP and allows successive discounts of 20% and 10%. His profit percentage is:

A. 12%
B. 15.2%
C. 16%
D. 18%

Answer: B

Explanation: CP=100 → MP=160 → after 20%=128 → after 10%=115.2. Profit=15.2%.




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