Profit and Loss (SSC) (Part-6)

Total Questions: 50

1. Sukhen purshased some perishable items for sale but 15% of those items could not be sold and went bad. However, Sukhen managed to sell the rest of the items at a price that helped him eam an overall profit of 19%. At what percentage above the cost price of each item did Sukthen sell each of the items that did NOT go bad? [SSC CHSL 04/08/2023 (4th Shift)]

Correct Answer: (a) 40%
Solution:

2. The marked price of a toy car is ₹600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price of a toy car. [SSC CHSL 04/08/2023 (4th Shift)]

Correct Answer: (d) ₹450
Solution:

3. A renowned brand marked its goods at 40% above the cost price but allows a discount of 7.5% for UPI payments to the customers. What actual profit is made on a shirt, if a customer pays 1,813 to buy it using UPI ? [SSC CHSL 07/08/2023 (3rd Shift)]

Correct Answer: (a) ₹413
Solution:

4. The marked price of a T-shirt is ₹560. The shopkeeper Krishna allows a discount of 16% and gains 12%. What would be the gain of Krishna if no discount is allowed ? [SSC CHSL 07/08/2023 (3rd Shift)]

Correct Answer: (c) 33 ⅓ %
Solution:

5. A person purchased ten boxes of grapes at a cost of ₹2,000 per box. Each box contained 20 kgs of grapes. He sold each box at the rate of 2,500 per box. But on the whole 10 kgs of grapes were damaged. Further he paid ₹1,000 as transport charges. Find his gain or loss. [SSC CHSL 07/08/2023 (4th Shift)]

Correct Answer: (c) Gain 2,750
Solution:

Total Cost price
= 2000 × 10 box + 1000 = 21000₹
Total Selling price
= 2500 × 9 box + 1250 for 10 kg = 23750₹
Total profit = 23750 - 21000 = 2750₹

6. Pawan purchases 70 articles for 16,875 and sells them at a loss equal to the selling price of 5 articles. What will be the selling price of one article? [SSC CHSL 08/08/2023 (1st Shift)]

Correct Answer: (d) ₹225
Solution:

7. At how much per cent above the cost price should a trader mark his goods so that after allowing a discount of 25%, he still gains 5%? [SSC CHSL 08/08/2023 (1st Shift)]

Correct Answer: (d) 40%
Solution:

8. Shyam purchased a packet of 16 pens and got 4 pens free with it. He marked the price 20% more than the CP. If he did not allow any discount and sold all the 20 pens at this price, then what was his profit percentage? [SSC CHSL 08/08/2023 (2nd Shift)]

Correct Answer: (b) 50%
Solution:

9. A shopkeeper seils a table at a discount of 25% on the marked price and earns a profit of 80%. If he sells the same table at a 40% discount, then his new profit is: [SSC CHSL 08/08/2023 (3rd Shift)]

Correct Answer: (b) 44%
Solution:

10. The cost price of 240 articles is the same as the selling price of x articles. If profit is 20%, find the value of X. [SSC CHSL 09/08/2023 (2nd Shift)]

Correct Answer: (a) 200
Solution: