Profit & Loss Cheat Sheet

Complete guide to Profit and Loss for competitive exams: basic concepts (Cost Price CP, Selling Price SP, Profit, Loss), profit percentage and loss percentage formulas, finding CP or SP when profit/loss percentage given, profit and loss on multiple articles (equal number of articles, equal cost price, equal selling price), marked price and discount concepts, successive discounts, false weight problems (dishonest shopkeeper using false weight), selling at same price and overall profit/loss (if SP is same for two articles), buying at same price and selling at different prices, profit/loss when goods are bought and sold at different quantities, profit/loss percentage based on weight manipulation, and shortcut tricks for SSC, Banking, Railway, UPSC, and other government exams.