**Welcome to this lesson on Profit and Loss**

Profit and LossÂ is one of the most important parts of Arithmetic. In fact, it is one of the foundation topics for Arithmetic nd this makes it vital to explore the topic in an in-depth manner.

We begin with the basics of Profit and Loss and then cover each of the important aspects of this topic.

### Table of Contents

**Concept Articles**

**Profit and Loss: Basic Concepts****Profit and Loss: Dishonest Dealers and Faulty Weights****Profit and Loss: Discounts and Marked Price****Profit and Loss Problem Types****Profit and Loss: Formulas, Shortcuts and Tricks**

**Practice Tests**

**Profit and Loss Test-1****Profit and Loss Test-2****Profit and Loss Test-3****Profit and Loss Test-4****Profit and Loss Test-5****Profit and Loss Test-6**

### How to study this lesson?

It is actually simple to study this lesson.

Go through the given concepts and their corresponding exercises.

Then, solve the percentage practice tests and perfect the skills you have learnt.

The table of contents for this topic is provided on every post for this topic and enables easy navigation for the topic.