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<html><body><h2 id="content-id-5619043278-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl 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-7052816934-3"><b>Question On Profit And Loss </b></h2>A man purchases a coat on three successive discount 10%, 5% and 20% respectively. Find the total discount at which he gets the coat.
<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 : Moderate </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-2704985163-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>31.6%</p>
</li><li><p>31%</p>
</li><li><p>28.5%</p>
</li><li><p>32%</p>
</li></ol> <h2 id="content-id-9312876054-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e. <strong>31.6%</strong>.</p>

<p>The formula for total discount in case of successive discounts:</p>

<p>If the first discount is x% and 2nd discount is y% then:</p>

<p>Total discount = (x + y - xy/100)%</p>

<p>Here we don't need to use this formula because the calculation will be too hard. Instead, we can directly calculate this.</p>

<p>Let the cost price of coat be 100.</p>

<p>Selling Price = 100 × 90/100 × 95/100 × 80/100 = 68.4</p>

<p>Total discount = 100 - 68.4 = 31.6%</p>
<h2 id="content-id-0849653271-6"><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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The correct answer is option 1 i.e. 31 - Profit And Loss Questions are asked in Ssc Chsl exams and your question has been explained by experts like Neetu Mam.

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