Profit and Loss (SSC) (Part-5)

Total Questions: 50

41. S sells an item costing ₹37,800 to P with 8% profit. P sells it to Q with a 4% loss. At what price (in ₹) does P sell the item? (Correct to a nearest rupee) [SSC CHSL 02/08/2023 (3rd Shift)]

Correct Answer: (c) 39,191
Solution:

42. If a man purchases kismis at 320 per kg and sells it at ₹6 per 25 grams, then his profit /loss percentage is: [SSC CHSL 02/08/2023 (4th Shift)]

Correct Answer: (b) 25% loss
Solution:

43. The ratio of cost price (CP) and marked price (MP) of an article is 4 : 7. A discount of 20% is given on MP and the shopkeeper made a profit of ₹80. Find the CP of the article. [SSC CHSL 02/08/2023 (4th Shift)]

Correct Answer: (c) ₹200
Solution:

44. In April 2019, Dinesh purchased a new car for ₹7,00,000 and sold it in April 2022 at its depreciated cost. If the rate of depreciation in the first year is 20%, 15% in the second year and 10% every year thereafter, what amount of money will Dinesh get as the selling price? [SSC CHSL 03/08/2023 (1st Shift)]

Correct Answer: (a) ₹4,28,400
Solution:

45. A profit earned by selling an article for ₹1,032 is equal to the loss incurred when the same article is sold for 648. What should be the selling price of the article if the profit is 30%? [SSC CHSL 03/08/2023 (2nd Shift)]

Correct Answer: (c) ₹1,092
Solution:

46. A trader allows a 40% discount on his goods, but he loses 30% on them. Find the percentage of the marked price above the cost price. [SSC CHSL 03/08/2023 (2nd Shift)]

Correct Answer: (c) 16⅔ %
Solution:

47. The marked price of the cupboard is ₹15,750, which is 50% above its cost price. It is sold at a discount of 40%. What is the profit/loss percentage? [SSC CHSL 03/08/2023 (3rd Shift)]

Correct Answer: (b) Loss, 10%
Solution:

Let cost price = 100 units
Then marked price = 150 units
and selling price = 150 × 60% = 90 units
Required loss% = 10%

48. A vendor earns 10% on an investment but loses 10% on another investment. What will be the combined loss or gain if the two investments are in the ratio 1 : 3? [SSC CHSL 03/08/2023 (4th Shift)]

Correct Answer: (d) 5% loss
Solution:

49. A retailer buys 50 pens at the marked price of 44 pens. If he sells these pens at a discount of 1% on the marked price, what is the profit per cent? [SSC CHSL 04/08/2023 (2nd Shift)]

Correct Answer: (b) 12.5%
Solution:

50. A dealer gives a 7% discount on the marked price and gives 1 article free for buying every 25 articles and thus gains 25%. Find the percentage increase in the marked price above the cost price (round up to two decimal places). [SSC CHSL 04/08/2023 (3rd Shift)]

Correct Answer: (a) 39.78%
Solution: