Profit and Loss (SSC) (Part-7)

Total Questions: 50

11. A trader sells an article at 20 percent profit. If he buys it at half of the cost price and sells at the same selling price as before, then what will be the profit percentage? [SSC CHSL 13/03/2023 (3rd Shift)]

Correct Answer: (c) 140%
Solution:

12. Ritika purchased š“ kg wheat at Rs.30/kg and sold 8 kg of this at Rs. 'x' per kg and remaining at Rs.45/kg. Overall profit percent earned is 10%, then what quantity of wheat Ritika sold at Rs.45/kg? [SSC CHSL 14/03/2023 (2nd Shift)]

Correct Answer: (c) 10 kg
Solution:

13. A shopkeeper sells a table at a discount of 20 percent and earns a profit of 30 percent. If he sells the same table at 10 percent discount. then what will be his new profit or loss percent? [SSC CHSL 14/03/2023 (3rd Shift)]

Correct Answer: (c) 46.25 percent profit
Solution:

14. If an article is sold at (9/10) th of its usual selling price. 20% profit would be made on it. Find the profit percentage which would have been made on it on selling it at its usual selling price. [SSC CHSL 15/03/2023 (1st Shift)]

Correct Answer: (a) 33.33%
Solution:

15. If 60 chairs are bought for Rs.24,560, then how many chairs must be sold for Rs.24,560 to earn a profit of 20 percent? [SSC CHSL 15/03/2023 (3rd Shift)]

Correct Answer: (a) 50
Solution:

16. Manoj bought two T.V. for Rs.2,280. He sold one at a loss of 20 percent and other at a profit of 10 percent. If each T.V was sold for the same price, then what is the cost price of the TV which was sold at loss? [SSC CHSL 16/03/2023 (1st Shift)]

Correct Answer: (b) Rs.1,320
Solution:

17. A person buys three spectacles at the rate of Rs.4,000 per spectacles. He sells first spectacles at a profit of 30 percent, sells second spectacles at a loss of 10 percent and sells third spectacles at a loss of 10 percent. What is the total percentage of profit earned in the whole transaction? [SSC CHSL 16/03/2023 (4th Shift)]

Correct Answer: (c) 3.33 percent
Solution:

18. On selling a table for Rs. 210 and Rs. 420 there will be loss of Lā‚% and Lā‚‚ % respectively. If Lā‚ - Lā‚‚ = 7, then what is the cost price of table? [SSC CHSL 17/03/2023 (2nd Shift)]

Correct Answer: (b) Rs. 3,000
Solution:

19. In what ratio tea of Rs.60 per kg should be mixed with tea of Rs.70 per kg so that on selling the mixture at Rs.80 per kg there is a profit of 25 percent? [SSC CHSL 20/03/2023 (2nd Shift)]

Correct Answer: (a) 3 : 2
Solution:

20. Shivam purchased two watches, first for Rs. 12000 and the second for Rs. 20,000. He sold both the watches, first one at the profit of 10 percent and the second at a loss of 20 percent. What is the overall profit or loss? [SSC CHSL 20/03/2023 (3rd Shift)]

Correct Answer: (b) Loss = Rs. 2800
Solution: