Profit and Loss (SSC) (Part-8)

Total Questions: 38

11. A man P purchased a land for ₹4,32,000 on the outskirts of a city. Due to some reason, its value depreciated at 25% per annum and he sold it to Q after 2 years. At this time, the city expanded and new projects of infrastructures started coming up. As a result of the expansion, there was an appreciation of real estate prices at the rate of 50%. What would be the value (in ₹) of the land after 2 years, from the time Q bought the land from P? [SSC CHSL 24/05/2022 (Afternoon)]

Correct Answer: (a) ₹5,46,750
Solution:

12. Kamal purchases 80 articles for 11,180 and sells them at a loss equal to the selling price of 6 articles. What will be the selling price of 1 article? [SSC CHSL 25/05/2022 (Morning)]

Correct Answer: (a) ₹130
Solution:

13. A shopkeeper normally makes a profit of 20% in a certain transaction; he weighs 900 g instead of 1 kg, due to an issue with the weighing machine. If he charges 10% less than what he normally charges, what is his actual profit or loss percentage? [SSC CHSL 27/05/2022 (Morning)]

Correct Answer: (a) 20%
Solution:

14. A fruit seller purchased 300 bananas at the rate of ₹18 per dozen and sold 200 bananas at the rate of ₹24 per dozen and the remaining bananas at the rate of ₹21 per dozen. What is his net profit percentage? [SSC CHSL 31/05/2022 (Evening)]

Correct Answer: (d) 27 ⁷⁄₉ %
Solution:

15. The marked price of 42 items was equal to the cost price of 70 items. The selling price of 25 items was equal to the marked price of 21 items. Calculate the percentage profit or loss from the sale of each item. [SSC CHSL 01/06/2022 (Afternoon)]

Correct Answer: (d) 40% profit
Solution:

16. A merchant gives an additional discount of 10% on the product after an initial discount of 20% on the listed price. He managed to make a 10% profit by selling the product for ₹54,000. What was the listed price of the product? [SSC CHSL 06/06/2022 (Evening)]

Correct Answer: (c) ₹75,000
Solution:

17. If half of the quantity of sugar in a bag was sold at a profit of 20%, a quarter of the quantity of sugar in the bag was sold at a profit of 16% and the remaining sugar in the bag was sold at a profit of 24%, and the total profit obtained by selling all the sugar in the bag was ₹90, what was the cost price of the entire quantity of sugar in the bag? [SSC CHSL 08/06/2022 (Evening)]

Correct Answer: (a) ₹450
Solution:

18. A table fan, passing through two hands, is finally sold at a profit of 30% of the original cost price. If the first dealer makes a profit of 25%, then the profit made by the second dealer is: [SSC CHSL 09/06/2022 (Evening)]

Correct Answer: (d) 4%
Solution:

19. The marked price of an article is 10,927. Due to the festive season, a certain percentage of discount is declared. Raju buys an article at a reduced price and sells it at ₹10,927, and makes a profit of 11.5%. What was the percentage discount offered? [SSC CGL 11/04/2022 (Morning)]

Correct Answer: (a) 10.3%
Solution:

20. The cost price of two articles A and B are in the ratio 4 : 5. While selling these articles the shopkeepers gains 10% on article A and 20% on article B and the difference in their selling price is 480. The difference in the cost price (in ₹) of article B and A is; [SSC CGL 12/04/2022 (Afternoon)]

Correct Answer: (b) 300
Solution: