Percentage, Profit & Loss
Percentage is the language of SSC arithmetic — profit and loss, discount, data interpretation and even ratio all speak it. Treat a percentage as a fraction (25% = 1/4, 12.5% = 1/8) and most sums collapse to one line. Profit and loss then layer on three prices — cost, marked and selling — with the single golden rule that profit and loss percent are ALWAYS taken on the cost price. Master the multiplier idea (a 20% rise means x 1.2) and you will out-pace the calculator.
Topics
⚡ SSC shortcuts & speed methods
The fastest ways to crack this chapter under time pressure — the techniques that separate a 95+ percentiler from the rest.
- Memorise fraction equivalents: 12.5%=1/8, 16.66%=1/6, 33.33%=1/3, 6.25%=1/16.
- a% up then a% down = net (a^2/100)% loss.
- Profit% and loss% are on COST; discount% is on MARKED price.
- Mark-up then discount: SP = CP x (1 + m%) x (1 - d%).
- Two discounts d1, d2 -> single = d1 + d2 - d1 d2 / 100.
⚠️ Common mistakes & traps
SSC is designed so that careless errors here cost you marks. Internalise each trap before the exam.
- Taking profit% on the selling price instead of the cost price.
- Adding two successive discounts (20% + 25% is NOT 45%).
- Forgetting an a%-up then a%-down leaves a net loss, not zero.
- Confusing marked price with cost price in mark-up sums.
📈 SSC exam insight & PYQ analysis
🎴 Flashcards — instant recall
Tap a card to reveal the answer. Drill these until they are automatic.
📌 Quick revision
Chapter test
🏆 Vidaara SSC success checklist
You have truly mastered Percentage, Profit & Loss when you can tick every box below.
- Recall every formula in this chapter without looking them up
- Solve each topic’s practice set with at least 80% accuracy
- Use the chapter shortcuts to cut your solving time in half
- Spot and avoid every common trap listed above
- Score 80%+ on the timed chapter test
📋 Chapter mastery scorecard
Track where you stand. Aim for the target before moving to the next chapter.
| Skill checkpoint | Target |
|---|---|
| Concept theory & formulas understood | 100% |
| Topic practice sets attempted (4 topics) | 4/4 |
| Best topic-test score | — → 80%+ |
| Chapter test score | — → 80%+ |
| Flashcards drilled to instant recall | 5 cards |
Formula Reference Sheet
Percentage
| x% of N | (x/100) x N |
|---|---|
| Percentage change | (New - Old) / Old x 100% |
| Increase by x% | multiply by (1 + x/100) |
| Decrease by x% | multiply by (1 - x/100) |
Profit, loss & discount
| Profit % | (SP - CP) / CP x 100% |
|---|---|
| Loss % | (CP - SP) / CP x 100% |
| SP from profit% | SP = CP x (1 + profit%/100) |
| Discount % | (MP - SP) / MP x 100% |
| Two successive discounts | MP x (1 - d1/100) x (1 - d2/100) |