Profit and Loss (SSC) (Part-4)

Total Questions: 50

11. A shopkeeper gives a discount of 12% on the purchase of 10 kg of sugar. The cost price of the sugar is ₹30/kg, and the marked price is ₹38/kg. The weighing machine of the shopkeeper is faulty, and it shows weight of 1 kg when the actual weight is 900 grams. Find the percentage profit of the shop keeper (rounded off to two decimal places). [SSC CPO 28/06/2024 (2nd Shift)]

Correct Answer: (d) 23.85%
Solution:

12. A dishonest dealer professes to sell his goods at cost price but uses a false weight of 950 grams instead of 1 kilogram. His gain percentage is: [SSC CPO 28/06/2024 (2nd Shift)]

Correct Answer: (c)
Solution:

13. A vegetable vendor bought 100 kg of potatoes at the rate of ₹19 per kg and spent ₹100 as cartage. He sold 60 kg of potatoes with a 50% profit and half of the remaining stock with a 40% profit. He sold half of the still remaining potatoes with a 25% profit. What profit percentage should he aim for when selling the ultimate remaining potatoes to achieve an overall profit of 42%? [SSC CPO 28/06/2024 (3rd Shift)]

Correct Answer: (d) 0.15
Solution:

14. A shopkeeper offers a discount of 24% on the marked price. On a special sale day, he offers an extra 30% off coupon after the first discount. If the article was sold for ₹7,700.70. What is the marked price of the article? [SSC CPO 29/06/2024 (1st Shift)]

Correct Answer: (a) 14475
Solution:

15. A trader sells an article at 16% below its cost price. Had he sold it for 192.20 more, he would have gained 15%. The new selling price (in ₹) of the article is: [SSC CPO 29/06/2024 (1st Shift)]

Correct Answer: (c) 713
Solution:

16. The cost price of two articles is equal. One article is sold at a profit of 12% and the other article for ₹3,600 more 27 than the first. If the net profit is 15 (27/51)% , then what is the cost price of each article [SSC CPO 29/06/2024 (1st Shift)]

Correct Answer: (b) ₹51,000
Solution:

17. A person bought two buffaloes for ₹11,520. One is sold at a loss of 15% and the other is sold at a gain of 19%. If the selling price of both buffaloes is equal, find the cost price of the first one. [SSC CPO 29/06/2024 (2nd Shift)]

Correct Answer: (c) ₹6,720
Solution:

18. A shopkeeper sold 3 wristwatches for ₹2,800 each. If he has sold the watches with 40%, 25% and 12% profit, respectively, then find his overall profit percentage (correct to 2 decimal places). [SSC CPO 29/06/2024 (3rd Shift)]

Correct Answer: (b) 0.2463
Solution:

19. A seller marks an item for ₹500 and sells it at a discount of 25%. He also gives a gift worth ₹65. If he still makes 24% profit, then the cost price of the item (in₹) is: [SSC CPO 29/06/2024 (3rd Shift)]

Correct Answer: (c) 250
Solution:

20. Rashid sells a book at a gain of 20%. If he had sold it at ₹34.51 more, he would have gained 37%. The cost price (in ₹) of the book is: [Matriculation Level 20/06/2024 (Shift-1)]

Correct Answer: (c) 203
Solution: