Profit and Loss (SSC) (Part-3)

Total Questions: 50

21. By selling an article at 66% of its marked price, a merchant makes a profit of 10%. If he sells the article at 80% of its marked price, then the profit percentage will be: [SSC CHSL 03/07/2024 (2nd Shift)]

Correct Answer: (a) 33 ⅓ %
Solution:

22. A dealer buys an article listed at 100 and get successive discounts of 10% and 20%. He spends 10% of the cost price on transportation. At what price should he sell the article to earn a profit of 15%? [SSC CHSL 03/07/2024 (3rd Shift)]

Correct Answer: (c) ₹91.08
Solution:

23. A seller decreased the selling price of each item from ₹5,000 to ₹4,680, by which his loss percentage increased by 4%. If he has to get 4% profit, then the selling price of the item should be: [SSC CHSL 03/07/2024 (4th Shift)]

Correct Answer: (b) ₹8,320
Solution:

24. Gaurav marks his goods 50% above the cost price and offers a discount of 30% on the marked price to his customers. What is his percentage gain? [SSC CHSL 04/07/2024 (1st Shift)]

Correct Answer: (d) 5%
Solution:

25. A retailer purchased a batch of goods for ₹5,000. Due to a manufacturing defect, 5% of the goods were damaged. If the retailer wants to make a profit of 20% on the remaining goods, at what price should the undamaged goods be sold? [SSC CHSL 04/07/2024 (3rd Shift)]

Correct Answer: (b) ₹5,700
Solution:

26. A 35% profit is made when a discount of 35% is given on the marked price of an item. When the discount is 45%, then the profit percentage will be: [SSC CHSL 04/07/2024 (4th Shift)]

Correct Answer: (d) 14 ³⁄₁₃ %
Solution:

27. A shopkeeper buys 1800 kg wheat for ₹32,400. If 20% of this wheat is spoiled due to rain, at what rate (₹/kg) should he sell the rest to earn 20%? [SSC CHSL 04/07/2024 (4th Shift)]

Correct Answer: (c) 27
Solution:

28. Ravath had to sell vegetables worth ₹4,960 for ₹4,712 due to weather conditions. What is the loss percentage that he has incurred? [SSC CHSL 05/07/2024 (1st Shift)]

Correct Answer: (d) 5%
Solution:

29. A shopkeeper marks up his goods 32% above the cost price and gives a discount of 21% on the marked price. Find his gain percentage on the goods. [SSC CHSL 05/07/2024 (2nd Shift)]

Correct Answer: (c) 4.28%
Solution:

30. Ramendra purchased some watermelons for ₹1,500. He sold one-fourth of them at a loss of 12%. At what gain percentage should the remaining watermelons be sold so as to gain 25% on the whole transaction (correct to two decimal places)? [SSC CHSL 05/07/2024 (2nd Shift)]

Correct Answer: (d) 37.33%
Solution: