💰 Profit and Loss Quiz for IBPS Banking Exams

Master profit and loss calculations with our comprehensive quiz. Practice business mathematics and commercial calculations essential for IBPS banking exams.

🎯 Quiz Overview

Quiz Details

• Total Questions: 18
• Time Allotted: 15 minutes
• Difficulty Level: Medium
• Topics Covered: Profit, loss, discount, markup

Key Topics

• Basic profit and loss calculations
• Percentage profit and loss
• Discount calculations
• Markup and selling price
• Break-even analysis
• Banking applications

📝 Start the Quiz

📚 Study Material for Profit and Loss

Basic Concepts

Profit

• Formula: Profit = Selling Price - Cost Price
• Profit Percentage: (Profit/Cost Price) × 100
• Example: CP = ₹100, SP = ₹120, Profit = ₹20, Profit% = 20%

Loss

• Formula: Loss = Cost Price - Selling Price
• Loss Percentage: (Loss/Cost Price) × 100
• Example: CP = ₹100, SP = ₹80, Loss = ₹20, Loss% = 20%

Banking Applications

Interest Rates

• Bank Profit: Interest earnings on loans
• Cost of Funds: Interest paid on deposits
• Net Interest Margin: Difference between lending and deposit rates

Service Charges

• Processing Fees: Percentage-based charges
• Commission: Earnings from services
• Operating Costs: Business expenses

🔗 Related Resources

• Percentage Quiz
• Simple Interest Quiz
• Compound Interest Quiz
• Mock Test Series

Ready to test your profit and loss knowledge? Click the Start Quiz button above! 💰

Last Updated: December 2024 | Questions Updated Regularly | Aligned with IBPS Exam Pattern