Profit and Loss (SSC) (Part-6)

Total Questions: 50

11. The marked price of 85 items was equal to the cost price of 153 items. The selling price of 104 items was equal to the marked price of 65 items. Calculate the percentage profit or loss from the sale of each item. [SSC CHSL 09/08/2023 (3rd Shift)]

Correct Answer: (b) 12.5% profit
Solution:

12. A man sells rice at 8% profit and uses weight 25% less than the actual measure. What is his percentage profit? [SSC CHSL 09/08/2023 (4th Shift)]

Correct Answer: (a) 44%
Solution:

13. A 45% profit is made when a discount of 45% is given on the marked price of an item. If the discount on the marked price of the same item is 50%, then the profit will be: [SSC CHSL 10/08/2023 (1st Shift)]

Correct Answer: (a) 31 ⁹⁄₁₁ %
Solution:

14. A trader allows a discount of 5% for cash payment. What percentage above the cost price must he mark his goods to make a profit of 14%? [SSC CHSL 10/08/2023 (2nd Shift)]

Correct Answer: (d) 20%
Solution:

15. Deepak starts a business with a capital of 1,60,000. He incurs a loss of 10% during the first year. But he makes a profit of 5% during the second year on his remaining investment. Finally, he makes a profit of 25% on his new capital during the third year. Find his total profit at the end of three years. [SSC CHSL 10/08/2023 (2nd Shift)]

Correct Answer: (b) 29,000
Solution:

16. The cost price of an article is 72% of the marked price. The profit percentage after allowing a discount of 6% on the marked price is (rounded off to 2 decimal places): [SSC CHSL 11/08/2023 (1st Shift)]

Correct Answer: (c) 30.56%
Solution:

17. A shopkeeper does a faulty weighing of an item of 930 gram instead of 1 kg and sells it at its cost price. Find his profit percentage on selling 15 kg of the item. [SSC CHSL 11/08/2023 (1st Shift)]

Correct Answer: (c) 7 ⁴⁹⁄₉₃ %
Solution:

18. Upon selling an article at 3/7 of the marked price, a loss of 30% is incurred. What is the ratio between the marked price and the cost price of the article? [SSC CHSL 11/08/2023 (2nd Shift)]

Correct Answer: (b) 49:30
Solution:

19. A discount of 20% is given on the marked price of a cycle, and still there is a profit of 20%. If the profit is ₹800, find the marked price of the cycle. [SSC CHSL 14/08/2023 (3rd Shift)]

Correct Answer: (d) ₹6,000
Solution:

20. A shopkeeper uses 940 gm weight in place of one kg weight. He sells it at 4% profit. What will be the actual profit percentage? (rounded off to two decimal places) [SSC CGL 14/07/2023 (2nd shift)]

Correct Answer: (c) 10.64%
Solution: