Profit and Loss (SSC) (Part-3)

Total Questions: 50

31. A retailer gets a discount of 40% on the printed price of an article. If the retailer sells it at the printed price, then his gain percentage is: [SSC CHSL 05/07/2024 (3rd Shift)]

Correct Answer: (d) 66 ⅔ %
Solution:

32. A mobile phone dealer buys a phone for ₹10,000 and sells it for 12,000. Later, he realizes that he could have sold it for ₹13,000. What is the percentage loss that he incurs? [SSC CHSL 05/07/2024 (3rd Shift)]

Correct Answer: (a) 10%
Solution:

33. A shopkeeper cheats 25% in weight while buying rice and cheats 25% while selling it. If he sells the rice at 12½ % profit, then find his net profit percentage. [SSC CHSL 05/07/2024 (4th Shift)]

Correct Answer: (c) 87.5%
Solution:

34. The profit obtained by selling an article for ₹86 is twice the loss obtained by selling the same article for ₹53. Find the cost price. [SSC CHSL 08/07/2024 (2nd Shift)]

Correct Answer: (d) ₹64
Solution:

35. Pradeep sells two fans at ₹480 each and by doing so he gains 20% on one fan and loses 20% on the other. His loss on the whole (in ₹) is: [SSC CHSL 08/07/2024 (3rd Shift)]

Correct Answer: (b) 40
Solution:

36. A sells an object to B at 10% profit, B sells it to C at 60% profit and C sells it to D at 12½ % profit. If D paid ₹59.40, then at what price did A buy it ? [SSC CHSL 08/07/2024 (4th Shift)]

Correct Answer: (a) ₹30
Solution:

37. A trader buys 500 kg cotton for ₹8,000. If 10% of this cotton is spoiled due to rain, at what rate (₹/kg) should he sell the rest to earn a 20% profit? [SSC CHSL 09/07/2024 (1st Shift)]

Correct Answer: (a) 21 ⅓
Solution:

38. A shopkeeper allows a discount of 22% to his customers and still gains 36%. Find the marked price (in₹) of an article which costs ₹1,092 to the shopkeeper. [SSC CHSL 09/07/2024 (2nd Shift)]

Correct Answer: (c) 1,904
Solution:

39. A dishonest dealer professes to sell his goods at the cost price, but he uses a false weight of 850 grams per 1 kg weight. Find the percentage of his gain. (Correct up to two decimal places) [SSC CHSL 09/07/2024 (2nd Shift)]

Correct Answer: (b) 17.65%
Solution:

40. Ramesh sells an article for ₹34,440, after allowing an 18% discount on the marked price and still manages to gain 40% profit. If Ramesh sold the article at a 12% discount on the marked price, then what will be his profit, correct to two places of decimals? [SSC CHSL 09/07/2024 (3rd Shift)]

Correct Answer: (c) 50.24%
Solution: