Profit and Loss (SSC-Maths) (Part-2)

Total Questions: 50

41. The profit gained on selling a certain product is 320% of the cost. If the cost increases by 10% but the selling price remains constant, then what percentage of the selling price is the profit (correct to one decimal place)? [SSC CGL 12/09/2024 (3rd Shift)]

Correct Answer: (b) 73.8%
Solution:

42. An article is sold at a profit of 250%. What is the ratio of its cost price to selling price? [SSC CGL 13/09/2024 (1st Shift)]

Correct Answer: (c) 2 : 7
Solution:

43. Ramesh sells rice at ₹36 per kg, which he purchased for ₹30 per kg. Moreover, he gives only 800 g of rice instead of 1 kg while selling. Find the actual profit percentage of Ramesh. [SSC CGL 13/09/2024 (2nd Shift)]

Correct Answer: (b) 50%
Solution:

44. A shopkeeper marked the price 20% more than its cost price. If he allows a discount of 30%, then find his loss percent. [SSC CGL 17/09/2024 (1st Shift)]

Correct Answer: (b) 16%
Solution:

45. In a bank, 6% interest is given on the deposited amount. The bank then invests the money in the stock market and is able to earn ₹30,000 for every ₹3,00,000. How much money is the bank earning finally if the total amount deposited in the bank is ₹60,00,000? [SSC CGL 17/09/2024 (3rd Shift)]

Correct Answer: (c) ₹2,40,000
Solution:

46. Ajay spends (66⅔)% of his income on different household items. If his income increases by 25% and expenditure increase by 20%, then the effect on his savings will be: [SSC CGL 17/09/2024 (3rd Shift)]

Correct Answer: (d) 35%
Solution:

47. A shopkeeper sold 5/8 of his articles at a gain of 20% and the remaining at the cost price. What is his gain percentage in the whole transaction? [SSC CGL 18/09/2024 (1st Shift)]

Correct Answer: (d) 12½ %
Solution:

48. From the given data, find the ratio of the cost prices of a shirt and a trouser. [SSC CGL 18/09/2024 (2nd Shift)]

Items

Selling Price

Profit

Shirt

₹1,200

20%

Trouser

₹660

10%

Correct Answer: (d) 5 : 3
Solution:

49. A shopkeeper sells rice at the rate of ₹44 per kg whose cost price is ₹40 per kg. Not satisfied with this, he tries to increase his profit by removing 200 grams of rice from each packet. What is the shopkeeper's overall gain percentage. [SSC CGL 19/09/2024 (2nd Shift)]

Correct Answer: (b) 37.5%
Solution:

50. The marked price of 55 items was equal to the cost price of 99 items. The selling price of 56 items was equal to the marked price of 35 items. Calculate the profit or loss percentage from the sale of each item. [SSC CGL 23/09/2024 (2nd Shift)]

Correct Answer: (c) 12.5% profit
Solution: