Bank Exam Speed Maths Master Series Page 6 | Profit & Loss Tricks & Shortcut Calculation Methods

 

 Bank Exam Speed Maths Master Series – Page 6

Profit & Loss Tricks & Shortcut Calculation Methods

Shaktimatha Learning – Speed Maths Academy
Learn Profit & Loss shortcut tricks, mental maths techniques, and fast aptitude calculation methods for Bank Exams, SSC, Railways, Insurance, and Competitive Exams.

 Importance of Profit & Loss in Competitive Exams

Profit & Loss is one of the most frequently asked topics in:

• Bank Exams
• SSC
• Railway Exams
• Insurance Exams
• Quantitative Aptitude

This topic is highly important for:

• Percentage calculations
• Business mathematics
• Data Interpretation
• Fast aptitude solving

🎯 Basic Concepts

Term	Meaning
Cost Price (CP)	Buying Price
Selling Price (SP)	Selling Price
Profit	Gain after selling
Loss	Reduction after selling

 Basic Profit Formula

0

Basic Loss Formula

1

 Profit Percentage Formula

2

 Loss Percentage Formula

3

 Trick 1: Direct Profit Formula

4

Example

CP = 500
Profit = 20%

SP = 500 × 1.2

✅ Answer = 600

 Trick 2: Direct Loss Formula

5

Example

CP = 800
Loss = 25%

SP = 800 × 0.75

✅ Answer = 600

 Trick 3: Quick Percentage Relation

Profit/Loss	SP Relation
10% Profit	SP = 110% of CP
20% Profit	SP = 120% of CP
25% Profit	SP = 125% of CP
10% Loss	SP = 90% of CP
20% Loss	SP = 80% of CP

Memorizing these relations saves a lot of time.

 Trick 4: Profit Percentage Shortcut

CP = 400
SP = 500

Profit = 100

Profit % = 100/400 × 100

✅ Answer = 25%

 Trick 5: Loss Percentage Shortcut

CP = 700
SP = 560

Loss = 140

Loss % = 140/700 × 100

✅ Answer = 20%

 Successive Profit Trick

6

Example

20% profit and 10% profit

20 + 10 + (20×10)/100

= 30 + 2

✅ Answer = 32%

 Successive Loss Trick

7

Example

20% loss and 10% loss

20 + 10 − 2

✅ Answer = 28%

Important Profit & Loss Shortcuts

Topic	Shortcut
Profit	SP − CP
Loss	CP − SP
Profit %	Profit/CP ×100
Loss %	Loss/CP ×100
Successive Profit	a+b+ab/100
Successive Loss	a+b−ab/100

Practice Questions

1. CP = 500, Profit = 20%, Find SP
2. CP = 800, Loss = 25%, Find SP
3. CP = 400, SP = 500, Find Profit %
4. 10% profit and 20% profit together = ?
5. 20% loss and 10% loss together = ?

✅ Answers

1. 600
2. 600
3. 25%
4. 32%
5. 28%

🎯 Preparation Strategy:
Practice percentage relations, Profit & Loss formulas, successive percentage tricks, and mental calculations daily to improve aptitude speed and banking calculations.

“Smart Shortcut Methods Turn Difficult Calculations into Easy Solutions.”

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Bank Exam Speed Maths Master Series