Profit and Loss (SSC) (Part-7)

Total Questions: 50

21. A faulty weighing machine reads 1 kg when 900 gm is actually weighted on it. The shopkeeper marked the price of his goods by 10%, but unfortunately he was caught by the metrology department and then they ordered him to repair his weighing machine and gave punishment to sell the goods at a 10% discount on cost price for a month. If each customer is now paying 20 for 1 kg, then before the raid_______amount they have paid for the same quantity. (Rounded off to two places of decimal) [SSC CHSL 21/03/2023 (3rd Shift)]

Correct Answer: (a) ₹27.16
Solution:

22. A dishonest merchant sells goods at a 12.5% loss on the cost price, but uses 28 g weight instead of 36 g. What is his percentage profit or loss? [SSC CGL 01/12/2022 (1st Shift)]

Correct Answer: (b) 12.5% gain
Solution:

23. The price of some wooden furniture increases by 65% when it passes through three hands. If the first and second sellers made a profit of 20% and 25%, respectively, then find the profit percentage of the third seller. [SSC CGL 02/12/2022 (3rd Shift)]

Correct Answer: (a) 10%
Solution:

24. The cost of a piece of diamond varies with the square of its weight. A diamond of Rs.6,084 value is cut into 3 pieces whose weights are in the ratio 3:2:1. Find the loss involved in the cutting. [SSC CGL 03/12/2022 (2nd Shift)]

Correct Answer: (b) Rs.3,718
Solution:

25. A dishonest trader says to customers that he sells his goods at a cost price, but he uses a false weight and gains 12.5% as profit. How many grams does he use to weigh 1 kg? [SSC CGL 03/12/2022 (4th Shift)]

Correct Answer: (d) 888.8 g
Solution:

26. Apples were purchased at 100 for Rs.350 and sold at Rs.48 a dozen. What is the profit or loss percentage? [SSC CGL 05/12/2022 (4th Shift)]

Correct Answer: (a) Profit 14 ²⁄₇ %
Solution:

27. Ramesh claims that he is selling onions at Rs.36 per kg, which costs him Rs.40 per kg, but he gives 800 grams instead of 1 kg. Find Ramesh's percentage gain or loss. [SSC CGL 07/12/2022 (4th Shift)]

Correct Answer: (d) Gain 12.5%
Solution:

28. A shopkeeper advertises for selling clothes at a 7% loss. However, by using a false scale of length 1 metre he actually gains 24%. What will be the actual length he uses instead of 1 metre? [SSC CGL 08/12/2022 (1st Shift)]

Correct Answer: (a) 75cm
Solution:

Let the gains y% by selling a
false scale and the length he uses be x cm.

29. A dishonest dealer professes to sell his goods at cost price but uses a false weight and thus gains 15%. For a kilogram, he uses a weight of _________ .(rounded off to one digit after decimal). [SSC CGL 12/12/2022 (2nd Shift)]

Correct Answer: (c) 869.6 gm
Solution:

30. Ramesh purchases a table and a chair for Rs.3,900. He sells the table at a profit of 8% and the chair at a profit of 16%. He earns a profit of Rs.540. What is the difference between the original price of the table and the chair? [SSC CGL 13/12/2022 (1st Shift)]

Correct Answer: (b) Rs.1,800
Solution: