Profit and Loss (SSC) (Part-7)

Total Questions: 50

31. A seller uses faulty weight in place of a 2 kg weight and earns a 25% profit. He claims that he is selling on the cost price in front of the customers but uses a faulty weight. How much error is there in the 2 kg weight to gain 25%? [SSC CPO 09/11/2022 (Morning)]

Correct Answer: (b) 400 g
Solution:

32. What will be the actual profit percentage (rounded off to nearest integer) after selling an article at a certain price, while there occurs a loss of 45% on selling the article at 3/8 of the selling price? [SSC CPO 09/11/2022 (Evening)]

Correct Answer: (c) 47%
Solution:

33. A shopkeeper sells his items using a faulty balance which measures 25% less. He then marks up his items 15% above the cost price. If he also gives a discount of 10%, then find his net profit percentage on 1 kg items. [SSC CPO 10/11/2022 (Afternoon)]

Correct Answer: (d) 38%
Solution:

34. The cost price of an article is ₹1,200. On buying four such articles, the customer gets one for free. If the selling price of each article is ₹1,800, then determine the net percentage profit earned by the shopkeeper on selling four articles. [SSC CPO 10/11/2022 (Evening)]

Correct Answer: (b) 20%
Solution:

35. A shopkeeper gives 20% commission on the retail price of one article and earns 5% profit. If his commission is reduced by 10%, then what is his approximate profit percentage? (Nearest integral value) [SSC CPO 10/11/2022 (Evening)]

Correct Answer: (a) 18%
Solution:

36. A shopkeeper claims to sell his articles at ₹20 per kg which cost him ₹23 per kg. But while selling, he uses a false weight and gives only 800 gm instead of 1 kg. What is his profit percentage? [SSC CPO 11/11/2022 (Morning)]

Correct Answer: (b) 8 ¹⁶⁄₂₃ %
Solution:

37. A merchant marks up the price of his goods by 40% more than the cost price. He then sells (1/5)th of his goods at a discount of 10%, half of the goods at the marked price and the rest of the goods at a discount of 20%. Find his profit percentage. [SSC CPO 11/11/2022 (Evening)]

Correct Answer: (c) 28.8%
Solution:

38. A person sells an article for a loss of 18 percent. If he increases the selling price by ₹144 and decreases the cost price by 30 percent, then there is profit of 20 percent. What is the original selling price? [SSC CGL Tier II (08/08/2022)]

Correct Answer: (c) ₹5904
Solution:

39. The selling prices of articles A and B are the same. A is sold at a profit of 28 percent and B is sold at a loss of 24 percent. If the total selling price of the both articles is ₹48640, then what is the cost price of A and B, respectively? [SSC CGL Tier II (08/08/2022)]

Correct Answer: (d) ₹19000, ₹ 32000
Solution:

40. Raheem sold a crockery set for 1,092 at a profit of 20%. What would have been the actual percentage profit or loss on it, if he sold it for ₹950 (rounded to two decimal places)? [Graduate Level 03/08/2022 (Shift-3)]

Correct Answer: (d) 4.40% profit
Solution: