Profit and Loss (SSC) (Part-3)

Total Questions: 50

1. A customer pays ₹975 in instalments. The payment is done each month 5 less than the previous month. If the first instalment is ₹100, how much time will be taken to pay the entire amount? [SSC CGL 23/09/2024 (3rd Shift)]

Correct Answer: (b) 15 months
Solution:

2. Samreen sells a keyboard for 1,260 at a profit of 25%, and another keyboard for ₹1,440 at a loss of 10%. What is her total gain or loss percentage? [SSC CGL 24/09/2024 (1st Shift)]

Correct Answer: (d) 3 ⁸⁶⁄₁₆₃ %Gain
Solution:

3. A person purchased a table and a sofa for ₹28,000. He sold the sofa at a profit of 10% and the table at a profit 15.25%. If his total profit was 13%, then the difference between the cost price of the sofa and the table (in ₹) is: [SSC CGL 24/09/2024 (2nd Shift)]

Correct Answer: (b) 4000
Solution:

4. If the market price of a bag is 25% above the cost price, and a discount of 18% is declared on it, then find the gain percentage. [SSC CGL 24/09/2024 (3rd Shift)]

Correct Answer: (d) 2.5%
Solution:

5. Rohini buys a Bluetooth headphone set for ₹1,700 from wholesale shop and marks it at ₹2,000. Later on, she allows a discount of 40% on its sale. What is her loss or gain percentage (correct up to two decimal places)? [SSC CGL 25/09/2024 (1st Shift)]

Correct Answer: (c) 29.41% loss
Solution:

6. Ramesh purchased 130 books at the rate of ₹200 each and sold half of them at the rate of ₹300 each, one-fifth of them at the rate of ₹350 each and the rest at the cost price. Find his profit percentage. [SSC CGL 25/09/2024 (1st Shift)]

Correct Answer: (b) 40%
Solution:

7. A man loses 28% by selling an article for ₹144. If he sells it for ₹288, what will be his gain/loss percentage? [SSC CGL 25/09/2024 (2nd Shift)]

Correct Answer: (c) Gain, 44%
Solution:

8. An article passing through two hands is sold at a total profit of 40% of the original cost price. If the first dealer makes a profit of 30%, then the profit percentage made by the second dealer. is: [SSC CGL 26/09/2024 (2nd Shift)]

Correct Answer: (d) 7 ⁹⁄₁₃ %
Solution:

9. An article costs ₹1,000 for a salesman. He fixes its marked price as 1,500. He sells it to a customer at a discount of 20%, He gives a further discount of 10% for each cash payment. Find the percentage of loss or gain that the salesman makes on sale. [SSC CGL 26/09/2024 (3rd Shift)]

Correct Answer: (a) gain 8%
Solution:

10. A shopkeeper marks up the price of the oil by 40% and uses a faulty machine which measures 15% less. If the shopkeeper gives a discount of 32%, the profit/loss percentage is: [SSC CHSL 01/07/2024 (1st Shift)]

Correct Answer: (a) 12% Profit
Solution: