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Profit, Loss and Discount (PLD) – Complete Basics to Intermediate | Quantitative Aptitude Series 1 This video provides a clear and comprehensive explanation of Profit, Loss and Discount, one of the most important chapters in Quantitative Aptitude for all competitive examinations. Whether you are preparing for SSC CGL, SSC CHSL, SSC GD, Railway NTPC, Group D, Banking PO/Clerk, IBPS, SBI, UPSC, CDS, NDA, MBA Entrance, State PSC, or any other recruitment exam, this lesson builds a strong foundation with formulas, solved examples, and real exam MCQs. In this session, you will learn: • Meaning of Cost Price (CP), Selling Price (SP), Marked Price (MP) • Concept of Profit, Loss and Discount with real-life examples • How to calculate Profit% and Loss% accurately • Shortcut approach for discount and marked price questions • Successive discount formula and its quick application • Step-by-step explanation of 20+ solved MCQs from SSC, Railway & Banking exams • Smart techniques to avoid mistakes in PLD questions • Method for solving ratio-based CP–SP problems easily • Practice questions to test your understanding immediately The session is designed in a simple, student-friendly way, allowing you to understand each concept through easy calculations and practical examples. Why this topic is important? Profit–Loss–Discount frequently appears in all major competitive exams. Many aspirants lose marks due to confusion between CP, SP, MP and discount calculations. This video eliminates those doubts with clear logic and formula-based learning. What you will gain from this video? • Full conceptual clarity • Faster calculation methods • Confidence to solve moderate-to-high difficulty PLD questions • Understanding of exam patterns and previous year trends • Ability to solve MCQs within seconds Contents Covered: 00:00 – Introduction 00:41 – Basic Concepts (CP, SP, MP, Profit, Loss) 05:01 – Important Formulas 09:12 – Solved Examples for Beginners and Intermediates Previous Year MCQs (SSC, Railway, Banking) Practice Questions About L3S – Lotus Students Support Services L3S creates high-quality content for students preparing for government job and competitive examinations. Our focus is on Quantitative Aptitude, Reasoning, General Knowledge, Mathematics, Current Affairs and MCQ-based learning. This channel supports aspirants across India through easy explanations, bilingual teaching, and exam-oriented content.