Profit and Loss (SSC) (Part-4)

Total Questions: 50

41. A person, while trading the shares of a particular company, observes that its price has gone down by 10% from the previous day. In anticipation of increment on the next day, he holds it for the next day. But the share price further falls down by another 8% of the previous day. Then he sells his shares and gets 12,420. How much could he have saved had he sold it the previous day? [Higher Secondary 21/06/2024 (Shift-2)]

Correct Answer: (a) ₹1,080
Solution:

42. The selling price of 84 items is equal to the cost price of 105 items. What is the percentage of profit gained in the transaction? [Higher Secondary 21/06/2024 (Shift-2)]

Correct Answer: (b) 25%
Solution:

43. Two articles were sold for Rs.3,000 each, with no loss and profit in the entire transaction. If one was sold at a profit of 25%, then the loss incurred on the second article is_________ . [Higher Secondary 21/06/2024 (Shift-2)]

Correct Answer: (a)
Solution:

44. A shopkeeper normally makes a profit of 20% in a certain transaction; he weighed 900 gm instead of 1 kg due to an error in the weighing machine. If he charges 15% less than what he normally charges, then what is his actual profit or loss percentage ? [Higher Secondary 25/06/2024 (Shift-4)]

Correct Answer: (a) 13.33% profit
Solution:

45. A dealer buys an article listed at 250 and gets successive discounts of 12% and 16%. He spends 10% of the cost price on transportation. At what price should he sell the article to earn a profit of 25%? (Correct to two places of decimal) [Higher Secondary 26/06/2024 (Shift - 2)]

Correct Answer: (d) ₹254.10
Solution:

46. A dealer sells an article at ₹850 after offering a cash discount of 15% on its marked price. Without discount, he would have earned a profit of 25%. What is the cost price of the article (in ₹)? [Graduate Level 24/06/2024 (Shift-3)]

Correct Answer: (a) 800
Solution:

47. A shopkeeper purchased groundnuts at ₹64/kg and sells at ₹80/kg. While selling, he uses faulty weights and gives 800 gm instead of 1 kg. Find his actual profit percentage. [Graduate Level 24/06/2024 (Shift-3)]

Correct Answer: (d) 56.25%
Solution:

48. A vendor buys 20 laptop bags for 13,000 and sells them at 15 for ₹10,125. How many laptop bags should be bought and sold to earn a profit of ₹3,225? [Graduate Level 25/06/2024 (Shift-3)]

Correct Answer: (d) 129
Solution:

49. A dishonest dealer professes to sell grains at cost price, but he uses a weight of 925 g for 1 kg weight. Find his gain percentage. (Approximate to two decimals.) [Graduate Level 26/06/2024 (Shift-3)]

Correct Answer: (a) 0.0811
Solution:

50. P sells a Laptop to Q at a loss of 25% and Q sells the laptop to R at a profit of 20%. If R purchased the laptop for 22,500, then what was the cost (in ₹) of the laptop for P? [Graduate Level 26/06/2024 (Shift-4)]

Correct Answer: (c) 25000
Solution: