Profit and Loss (SSC) (Part-8)

Total Questions: 38

1. A shopkeeper earns a profit of 16% if he allows a discount of 20% on the marked price of an article. What will be the profit % earned by the shopkeeper if he sold the article at its marked price? [SSC MTS 14/07/2022 (Afternoon)]

Correct Answer: (a) 45%
Solution:

2. Nalini purchased 20 dozen apples at ₹48 per dozen. She sold 8 dozen of them at 10% profit and the remaining 12 dozen at 20% profit. What is the overall profit percentage gained in this transaction? [SSC MTS 15/07/2022 (Afternoon)]

Correct Answer: (c) 16%
Solution:

3. The selling prices of an apple and an orange are Rs 90 and Rs 40, respectively. If the profit percentage gained on the sales of an apple and an orange are 50% and 100%, respectively, then what is the total cost price of an apple and an orange. [SSC MTS 18/07/2022 (Evening)]

Correct Answer: (d) 80
Solution:

4. A milkman purchases milk at ₹'a' per litre and sells it at ₹1.5a per litre. Still he mixes 2 litres water with every 9 litres of pure milk. What is his profit percentage? [SSC MTS 19/07/2022 (Afternoon)]

Correct Answer: (a) (250/3) %
Solution:

5. Vishal and Param each sold their article at ₹1,818 but Vishal incurred a loss of 10%, while Param gained by 1%. What is the ratio of the cost price of Vishal's article to that of Param's article? [SSC MTS 20/07/2022 (Morning)]

Correct Answer: (a) 101 : 90
Solution:

6. Kisna buys a cow for ₹15,000. After one year, he sells it for ₹18,500. After one year, again he buys the same cow at 19,000 and sells it for ₹22,300. What is the overall profit percentage of Kisna? [SSC MTS 20/07/2022 (Afternoon)]

Correct Answer: (c) 20%
Solution:

7. A mobile phone is sold at a profit of 80%. The nominal profit approximately what percentage of the selling price of the mobile phone? [SSC MTS 21/07/2022 (Morning)]

Correct Answer: (c) 44.44%
Solution:

8. What is the profit percentage of a dishonest cloth merchant who uses a scale which measures 16 ⅔ % less than what is marked on it, and also sells a price of 10% higher than the cost price? [SSC MTS 25/07/2022 (Afternoon)]

Correct Answer: (b) 32%
Solution:

9. When a watch is sold at (7/8) th of the marked price, there is profit of 25%. At what percentage more than the cost price has the marked price of the watch been fixed?. [Give your answer correct to 2 decimal places] [SSC MTS 25/07/2022 (Evening)]

Correct Answer: (b) 42.86%
Solution:

10. A shopkeeper sold 24 shirts, each at a profit of 20% and 16 shirts, each at a profit of 10%. If he had sold all the 40 shirts, each at a profit of 15%, then his overall profit would have been reduced by 36. What is the cost price of each shirt? [SSC MTS 26/07/2022 (Evening)]

Correct Answer: (c) ₹90
Solution: