Question

Two items have a cost price of ₹80 each. One is sold at a profit of 12.5%, while the other is sold at a loss of 12.5%. Determine the overall gain or loss.

Asked in OSSSC Forester, Forest Guard & Excise Constable · 2026
Simple Profit and Loss · Quantitative Aptitude
Exam PYQ4 Options
Quantitative AptitudeProfit and LossSimple Profit and LossOSSSC Forester, Forest Guard & Excise Constable2026
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Quick Revision

Selling Price at p% profit = CP × (1 + p/100).

Correct AnswerCorrect option for this question
Option A — Neither loss nor gain

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Questions Asked from Profit and Loss in Previous Exams

See how often Profit and Loss has appeared in previous-year questions across major government exams.

High Exam Frequency
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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