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📄 Download Annotated Notes (PDF): https://www.notion.so/Notes-Links-300... 📂 Watch Full Profit & Loss Playlist: • Profit & Loss ( QUANT ) 📸 Follow on Instagram for daily CAT prep insights: https://www.instagram.com/relatively_... In this video, we begin the Profit & Loss chapter with the most important step — building the core conceptual foundation required for CAT Quant. Many students jump directly into solving Profit & Loss questions using formulas. However, CAT questions often test whether you truly understand the relationship between Cost Price, Selling Price, Profit, Loss and Percentages. Without strong fundamentals, even simple questions can become confusing. This session focuses on: • Core concepts of Cost Price (CP) and Selling Price (SP) • Understanding Profit and Loss logically • Percentage interpretation in Profit & Loss • Common conceptual mistakes students make • The base framework required for CAT-level P&L questions • Building intuition before solving advanced problems This video acts as the foundation class for the entire Profit & Loss chapter. All future CAT-level questions, tricks and shortcuts will build on the ideas explained here. This video is ideal for: • Beginners starting Arithmetic preparation • Students who struggle with Profit & Loss questions • CAT 2026 aspirants building strong Quant fundamentals Before moving to advanced problems, make sure these concepts are completely clear. Try the quick concept question in the pinned comment and share your answer 👇 #CAT2026 #CATQuant #ProfitAndLoss #QuantPreparation #CATPreparation #ArithmeticForCAT #MBAEntrance #IIMPreparation #CATExam #QuantConcepts