Profit and Loss (SSC) (Part-8)

Total Questions: 38

31. If a shopkeeper purchases a certain number of items for a certain sum and sells a fraction of the said number for the same amount, then his profit is 300%. What is the fraction? [SSC MTS 02/11/2021 (Evening)]

Correct Answer: (a) 1/4
Solution:

32. A shopkeeper bought 20 kg of sugar at Rs.45 per kg, 25 kg of sugar at Rs.50 per kg and 35 kg of sugar at Rs.40 per kg. He spent a sum of Rs.450 on transportation and other expenses. He mixed all the three types of sugar and sold all the stock at Rs.52.50 per kg. His profit percent in the entire transaction is: [SSC CGL 17/08/2021 (Afternoon)]

Correct Answer: (a) 5%
Solution:

33. A shopkeeper sold two items. The selling price of the first item equals the cost price of the second item. He sold the first item at a profit of 20%, and the second item at a loss of 10%. What is the overall profit/loss percent? [SSC CGL 20/08/2021 (Afternoon)]

Correct Answer: (b) Profit, 3 ⁷⁄₁₁ %
Solution:

34. A shopkeeper sold an article at four-fifth of the marked price and suffered a loss of 3 ⅓ %. Find the profit percent, if he sold the article at the marked price. (correct to nearest integer) [SSC CGL 24/08/2021 (Afternoon)]

Correct Answer: (d) 21
Solution:

35. A shopkeeper bought 40 dozen eggs at Rs.1.40 each. 80 eggs were broken in transportation. He sold the remaining eggs at Rs.1.60 each. What is his profit or loss per cent? [SSC CHSL 13/04/2021 (Afternoon)]

Correct Answer: (d) Loss, 4 ¹⁶⁄₂₁
Solution:

36. A man buys goods for Rs.8000. He sells 30% of those goods at a profit of 12% and 40% of the remaining goods at a profit of 25%. At what profit percentage should he sell the remaining goods to gain 30% in the entire transaction. (correct to one decimal place)? [SSC CHSL 19/04/2021 (Morning)]

Correct Answer: (b) 46.2%
Solution:

Let, total quantity be 100 units.
According to question,
30 × 12% + 28 × 25% + 42 × x%
= 100 × 30%
42x + 1060 = 3000
x = 46.19% ≈ 46.2%

37. By selling a car for Rs.6,32,500, a showroom owner makes a profit of 15%. If he sold the car at Rs. 8,10,000, then what would be the profit percentage (correct to one decimal place) [SSC CHSL 10/08/2021 (Evening)]

Correct Answer: (a) 47.3%
Solution:

38. A person sold an article at a loss of 16%. Had he sold it for Rs.660 more, he would have gained 8%. If the article is sold at Rs. 3,080, then how much profit percentage is gained? [SSC CPO 25/11/2020 (Morning)]

Correct Answer: (d) 12%
Solution: