10 questions from actual NDA papers · all shown free · click option to reveal solution
Profit or Loss is ALWAYS calculated on Cost Price, NOT on Marked Price
SP = MP − Discount Rule 4: If no discount is given, then SP = MP. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
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Key Master Formula:
Memorize this ratio — it solves 80% of MP-Discount questions directly.
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— HOW IT GETS ASKED ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SSC CGL asks these types most often: 1. Find MP when CP, profit%, and discount% are given. 2. Two successive discounts — find single equivalent discount. 3. Shopkeeper marks up X% and gives Y% discount — find profit or loss. 4.
Find discount% when CP, MP, and profit% are given. 5. Fake discount traps — item marked high then discounted to look like a deal. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ TRICK 1 — Two Successive Discounts: If discounts are d1% and d2%, the single equivalent discount is: Equivalent Discount% = d1 + d2 − (d1 × d2) / 100 Example: 20% and 10% successive discount = 20 + 10 − (20×10)/100 = 30 − 2 = 28% TRICK 2 — Markup then Discount (Profit/Loss shortcut): If MP is marked x% above CP and discount given is y%: Profit% or Loss% = x − y − (x × y)/100 If result is positive → Profit. If negative → Loss. Example: Marked 30% above CP, discount 20% = 30 − 20 − (30×20)/100 = 10 − 6 = 4% Profit TRICK 3 — MP/CP Ratio: MP/CP = (100 + Profit%) / (100 − Discount%) Use this when two of these three values are known. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Question: A shopkeeper marks his goods 40% above CP and gives a 15% discount. Find his profit%. Method — Using Trick 2: Profit% = x − y − (x × y)/100 = 40 − 15 − (40 × 15)/100 = 25 − 600/100 = 25 − 6 = 19% Answer: Profit = 19% Verification with numbers: Let CP = 100 MP = 140 Discount = 15% of 140 = 21 SP = 140 − 21 = 119 Profit = 119 − 100 = 19. Confirmed! ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WORKED EXAMPLE 2 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Question: CP of an article is Rs. 500.
The shopkeeper wants a profit of 20% after giving a 25% discount. Find the Marked Price. Method — Using MP/CP Formula: MP/CP = (100 + Profit%) / (100 − Discount%) MP/500 = (100 + 20) / (100 − 25) MP/500 = 120 / 75 MP = 500 × 120/75 MP = 500 × 1.6 MP = Rs. 800 Answer: Marked Price = Rs. 800 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
— THE #1 TRAP ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Students calculate discount on CP instead of MP. WRONG thinking: Discount = 10% of CP CORRECT rule: Discount = 10% of MP Also, many students add two discounts directly. 20% + 10% = 30% is WRONG. Use the formula: 20 + 10 − (20×10/100) = 28%. Always use the formula for successive discounts.
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