Profit and Loss (SSC) (Part-5)

Total Questions: 50

21. A grocer purchased 50 kg of sugar at 40 per kg and mixed with 70 kg of sugar at ₹30 per kg. At what rate should he sell the mixture (per kg) to gain 20%? [SSC MTS 04/09/2023 (2nd Shift)]

Correct Answer: (d) ₹41
Solution:

22. A store sells an item for ₹500, making a profit of 25%. Later, the store reduces the price of the item by 20% to clear out old inventory. What is the new percentage profit or loss for the store? [SSC MTS 04/09/2023 (3rd Shift)]

Correct Answer: (d) No profit, no loss
Solution:

23. Vaishali booked a bus ticket for 1,260. Because of her ill health, she had to cancel the ticket. She got a refund of ₹945 in this process. What is the percentage loss that Vaishali had to face? [SSC MTS 05/09/2023 (1st Shift)]

Correct Answer: (c) 25%
Solution:

24. By selling 8 items, a shopkeeper gains the selling price of 2 items. The gain percentage of the shopkeeper is: [SSC MTS 05/09/2023 (3rd Shift)]

Correct Answer: (c) 33 ⅓ %
Solution:

25. Zeenat earns 20% on an investment, but she loses 10% on other investments. If the two investments are respectively in the ratio of 3:5, then what is the percentage gain or loss for Zeenat on the two investments taken together? [SSC MTS 05/09/2023 (3rd Shift)]

Correct Answer: (a) 1.25% Gain
Solution:

26. The profit obtained by a vendor 7 on selling goods at ₹3,200 is equal to (7/5)th of the profit obtained by selling the same goods at ₹3,000. What is the cost price (in ₹) of the goods? [SSC MTS 06/09/2023 (1st Shift)]

Correct Answer: (a) 2,500
Solution:

27. Kavita bought a table at 30% discount on its original price. She sold it with 48% increase on the price she bought it. What is the percentage difference between the new sale price and original price? If the original price is ₹8,000, then how much extra money did Kavita get as profit ? [SSC MTS 06/09/2023 (3rd Shift)]

Correct Answer: (b) 3.6%; ₹288
Solution:

28. A man sold his cycle at 17% loss. If he had sold it for ₹1,056 more, he would have made 5% profit. The cost price of the cycle is: [SSC MTS 08/09/2023 (2nd Shift)]

Correct Answer: (d) ₹4,800
Solution:

29. The percentage profit earned by selling an article for ₹955 is equal to the percentage loss incurred by selling the same article for ₹845. At what price should the article be sold to make a 6% profit? [SSC MTS 08/09/2023 (3rd Shift)]

Correct Answer: (b) ₹954
Solution:

30. Ravi sells a laptop bag to Reeta for ₹1,920 and he sells another similar laptop bag to Vinay for ₹1,280. The percentage profit earned in selling the laptop bag to Reeta is equal to the percentage loss in selling the laptop bag to Vinay At what price (in ₹) should Ravi sell the laptop bag to make a profit of 25%? [SSC MTS 08/09/2023 (3rd Shift)]

Correct Answer: (d) 2,000
Solution: