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<html><body><h2 id="content-id-5463187920-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the SSC CGL English Exam and the type of question asked in SSC CGL English exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-7481052396-3"><b>Question On Profit And Loss </b></h2>A company offers three schemes of successive discounts.
First: 25%, 10%
Second: 20 %, 15%
Third: 30%, 5%
Which scheme is best for the company? 
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-4269581370-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>Second scheme</p>
</li><li><p> First scheme </p>
</li><li><p>Third scheme</p>
</li><li><p>All the schemes are same</p>
</li></ol> <h2 id="content-id-3987216054-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is<strong> Option 1</strong> i.e.<strong> Second scheme.</strong></p>

<p>1st scheme:</p>

<p>25% and 10%</p>

<p>Net discount = 25 + 10 − <span class="math-tex">\((25 Ã&#151; 10)\over100\)</span> = 35 − 2.5 = 32.5%</p>

<p>2nd scheme:</p>

<p>Net discount = 20 + 15 − <span class="math-tex">\((20 Ã&#151; 15)\over100\)</span> = 35 − 3 = 32%</p>

<p>3rd scheme:</p>

<p>Net discount = 30 + 5 − <span class="math-tex">\((30 Ã&#151; 5)\over100\)</span> = 35 − 1.5 = 33.5%</p>

<p>Least discount = 32%</p>

<p>The second scheme is best for the company</p>
<h2 id="content-id-3026481957-6"><b> Profit And Loss Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Profit_And_Loss_Questions_Tips_and_Tricks.png" alt="Profit And Loss Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Profit And Loss Questions without taking any help from the solutions.</li><li>Profit And Loss Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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