Profit and Loss (SSC) (Part-5)

Total Questions: 50

1. The cost of 4 chairs and 3 tables is 2,100 and the cost of 5 chairs and 2 tables is ₹1,750. Find the cost (in ₹) of a chair. [SSC CHSL Tier II 02/11/2023]

Correct Answer: (a) 150
Solution:

According to question,
4C + 3T = 2100 .........(i)
5C + 2T = 1750 .........(ii)
From equation (ii) × 3 - (i) × 2, we get,
7C = 1050
∴ C = 150
So price of a chair = 150

2. A shopkeeper sold his goods at half the list price and thus lost 17%. If he had sold on the listed price, then his gain percentage would be: [SSC CHSL Tier II 02/11/2023]

Correct Answer: (d) 66%
Solution:

3. Sohan sells sugar at the cost price but uses false weights thus gaining 28% profit. How many grams of sugar is he giving for 3.2 kg sugar? [SSC CHSL Tier II 10/01/2024]

Correct Answer: (d) 2500
Solution:

4. Two friends A and B started a business by investing ₹1,50,000 and 2,50,000, respectively. They agreed to distribute their earnings in the same ratio of their investments. After an year, the profit earned was ₹6,00,000. Each of them added ₹50,000 to their respective profits and invested in a different project. If this project gave an yield of ₹4,20,000, then A's share in the profit is: [SSC CGL Tier II (26/10/2023)]

Correct Answer: (b) ₹1,65,000
Solution:

5. The first shirt is sold at twice the selling price of the second shirt. The first shirt is sold at 8% profit and the second shirt is sold at a 3% loss. What is the overall percentage profit on the shirts (Rounded off to two decimal places)? [SSC CPO 03/10/2023 (1st Shift)]

Correct Answer: (b) 4.07%
Solution:

6. Sukhvir purchased some perishable items for sale but 30% of those items could not be sold and went bad. However, Sukhvir managed to sell the rest of the items at a price that helped him earn an overall profit of 19%. At what percentage above the cost price of each item purchased by Sukhvir did he sell each of the items that did not go bad? [SSC CPO 03/10/2023 (2nd Shift)]

Correct Answer: (b) 70%
Solution:

7. If the difference between the selling prices of an article at profits of 10% and 7% is ₹6, then the cost price (in ₹) of the article is: [SSC CPO 03/10/2023 (2nd Shift)]

Correct Answer: (c) 200
Solution:

According to tyhe question,
(10% - 7%) = ₹6
C.P (100%) = (6/3) × 100 = ₹200

8. Mayur sold a watch at a profit of 7%. If he had sold it for ₹1,329 more, he would have gained 57%. Find the cost price (in ₹) of the watch. [SSC CPO 03/10/2023 (3rd Shift)]

Correct Answer: (b) 2658
Solution:

9. After deducing a commission of 20%, a DVD set costs ₹9,080. Its marked price is: [SSC CPO 04/10/2023 (1st Shift)]

Correct Answer: (a) ₹11,350
Solution:

10. A dealer sells his goods at 10% loss on the cost price but uses 25% less weight. What is his profit percentage ? [SSC CPO 04/10/2023 (1st Shift)]

Correct Answer: (a) 20%
Solution: