Profit and Loss (SSC) (Part-4)

Total Questions: 50

21. An iron costing ₹758 was sold by Ramesh at a gain of 15%, and it was again sold by Reena, who bought it from Ramesh, at a loss of 8%. Find the selling price of the iron for Reena (correct to two places of decimals). [Matriculation Level 20/06/2024 (Shift-1)]

Correct Answer: (d) ₹801.96
Solution:

22. If the cost price of a table is ₹400 and the selling price is ₹600, then find the profit percentage. [Matriculation Level 20/06/2024 (Shift-4)]

Correct Answer: (d) 50%
Solution:

23. A shopkeeper expects a gain of 36% on his cost price. If in a month, his sale was ₹6,14,856, then what was his profit (in ₹)? [Matriculation Level 20/06/2024 (Shift-4)]

Correct Answer: (c) 1,62,756
Solution:

24. A salesman purchases goods at 1,250 and is forced to sell it at ₹1,000. Find his loss percentage. [Matriculation Level 20/06/2024 (Shift-4)]

Correct Answer: (b) 20%
Solution:

25. A shopkeeper marks the price of his goods at 20% higher than the cost price and allows a discount of 10%. What is his profit percentage? [Matriculation Level 21/06/2024 (Shift-1)]

Correct Answer: (c) 8%
Solution:

26. The percentage profit earned by selling an article for Rs.2,100 is equal to the percentage loss incurred by selling the same article for Rs.1,460. At what price should the article be sold to make 20% profit? [Matriculation Level 21/06/2024 (Shift-1)]

Correct Answer: (c) Rs.2,136
Solution:

27. By selling a mobile phone for 23,856, Ramesh gains 20%. If he sells it for ₹20,580, find his gain or loss percentage (correct to two places of decimals). [Matriculation Level 21/06/2024 (Shift-1)]

Correct Answer: (c) Gain 3.52%
Solution:

28. The profit earned after selling a bucket for ₹680 is the same as the loss incurred after selling the bucket for ₹532. The cost price (in ₹) of the bucket is: [Matriculation Level 21/06/2024 (Shift-4)]

Correct Answer: (a) 606
Solution:

29. In a business, R invests ₹65,000 and he gets a total ₹80,000 back. Out of profit, ₹2,000 are spent as expenses of the business. What is his profit from the business in percentage? [Matriculation Level 21/06/2024 (Shift-4)]

Correct Answer: (d) 20%
Solution:

30. A shopkeeper purchased an article for ₹7,200 and spent 9% of its cost on repairs. He sold it to Rajan for ₹8,100. What was the profit percentage on selling the article? (Rounded off to 2 decimal places) [Matriculation Level 21/06/2024 (Shift-4)]

Correct Answer: (c) 3.21%
Solution: