Profit and Loss (SSC) (Part-2)

Total Questions: 50

1. The cost prices of article A and article B are Rs. 1200 and Rs. 1600 respectively. The selling price of article A is Rs. 1380 and the total profit after selling both the articles is 25%. What is the profit percentage on the article B? [SSC MTS 05/08/2019 (Afternoon)]

Correct Answer: (b) 32.5
Solution:

2. An article is sold for Rs 6500 so as to earn a profit of 4%. A second article whose cost price is Rs 3750, is sold at a loss of 4%. What is the overall gain or loss percent in the whole transaction? [SSC MTS 05/08/2019 (Morning)]

Correct Answer: (d) Gain 1%
Solution:

3. A man bought three articles for Rs 3,000 each. He sold the articles respectively at 10% profit, 5% profit and 15% loss. The total percentage profit/loss he earned is: [SSC CHSL 08/07/2019 (Evening)]

Correct Answer: (d) No profit no loss
Solution:

4. A person sells an article at a profit of 12%. If he had purchased it for 12% less and sold it for Rs.9 less, he would have gained 27%. What is the original cost price of the article? [SSC CGL 07/06/2019 (Evening)]

Correct Answer: (d) 3,750
Solution:

Let the CP = 1000 units

5. Sushma bought 6 tables and 12 chairs for Rs.12000. She sold the tables at a profit of 15% and the chairs at a loss of 10%. If her total gain was 300, then the total cost of the tables was: [SSC CGL 07/06/2019 (Morning)]

Correct Answer: (a) 6000
Solution:

6. Abhi bought two articles for Rs.624. He sold one at a loss of 14% and the other at a profit of 14%. If the selling price of both the articles is equal, then the difference between their cost prices (in Rs) is: [SSC CGL 06/06/2019 (Afternoon)]

Correct Answer: (b) 87.36
Solution:

7. The marked price of an article is Rs. 315. It is sold for Rs. 288. If there is a loss of 4%, then by what percent above the cost is the article marked? [SSC CGL 04/06/2019 (Afternoon)]

Correct Answer: (a) 5
Solution:

8. A person sold an article at a loss of 15%. Had he sold it for Rs. 30.60 more, he would have gained 9%. To gain 10%, he should have sold it for: [SSC CGL 04/06/2019 (Morning)]

Correct Answer: (a) Rs. 140.25
Solution:

9. A bought 38 kg. Rice at Rs. 54.50/kg, 45 Kg rice at Rs. 62/kg, and 55 kg rice at Rs. 48/kg. He sold the mixture at Rs. 65/kg. His loss or profit percentage is: [SSC CPO 16/03/2019 (Morning)]

Correct Answer: (c) Profit 19.6
Solution:

10. Three partners A, B and C share profit and losses in the ratio 3:4:7 If the profit for the year before charging 30% tax is Rs. 1,10,166 What is B's share of profit after tax? [SSC CPO 16/03/2019 (Morning)]

Correct Answer: (c) Rs.22033.20
Solution: