Profit and Loss (SSC) (Part-5)

Total Questions: 50

31. A milk vendor mixes water with milk and by selling the mixture at the cost price be gains, 16¼ %. Find the ratio of milk to water in the mixture. [SSC MTS 11/09/2023 (2nd Shift)]

Correct Answer: (b) 80:13
Solution:

32. A seller marked the price of a sofa 25% more than its cost price. If he allows 12% discount on the marked price to the customer, then what is his gain percentage? If the cost price of the sofa is ₹15,000, then what is his gain money? [SSC MTS 12/09/2023 (3rd Shift)]

Correct Answer: (c) 10%, ₹1,500
Solution:

33. Some oranges were purchased at 150 per hundred and sold at ₹24 per dozen. It gave a gain of ₹1,000. How many oranges were purchased? [SSC MTS 13/09/2023 (1st Shift)]

Correct Answer: (d) 2000
Solution:

34. A medical store owner purchased medicines worth ₹18,000 from a company. He sold 2/5 part of the medicine at a 35% loss. On which gain, he should sell the rest of the medicines so that he has neither gain nor loss? [SSC MTS 13/09/2023 (2nd Shift)]

Correct Answer: (d) 23⅓ %
Solution:

35. A microwave and a dish washing machine were sold for ₹27,000 each. If the microwave was sold at a gain of 25% and the dish washing machine at a loss of 25%. What is the overall profit % or loss% on the entire transaction? [SSC MTS 13/09/2023 (3rd Shift)]

Correct Answer: (c) 6.25% loss
Solution:

36. A jewel was sold passing through 3 hands and on the whole, its price is raised by 80%. The first seller earns 20% profit and the second seller earns 25% profit, respectively. Find the percentage of profit earned by the third seller. [SSC MTS 14/09/2023 (1st Shift)]

Correct Answer: (a) 20%
Solution:

37. Praveen sells a study table to Zoya at a loss of 10%, and Zoya sells the study table to Aadarsh at a profit of 25%. If Aadarsh purchased the study table for 2,250, then what was the cost (in ₹) of the study table for Praveen? [SSC MTS 14/09/2023 (2nd Shift)]

Correct Answer: (a) 2,000
Solution:

38. A factory owner earns 12% on the product manufactured by him. The shopkeeper earns 10% profit on the same item. If shopkeeper sells the product for ₹98.56, then the cost price of the product for the factory owner is________ . [SSC MTS 14/09/2023 (3rd Shift)]

Correct Answer: (d) 80
Solution:

39. A shopkeeper marks his goods at 80% more than their cost price and allows a discount of 48% on the marked price. His loss percentage is: [SSC CHSL 02/08/2023 (1st Shift)]

Correct Answer: (c) 6 ⅖ %
Solution:

40. A publisher supplies books to a book-seller at 20% discount on the list price of ₹1,574.80. If the book-seller sells books at the list price and if his expenses for freight etc. are ₹45.40. Determine his profit. [SSC CHSL 02/08/2023 (2nd Shift)]

Correct Answer: (b) ₹269.56
Solution:

Cost price for book-seller
= 1574.80 × 80% = 1259.84 Rs.
Selling price of book = 1574.80 - 45.40
= 1529.40 Rs
Required profit = 1529.40 - 1259.84 = 269.56 Rs