Profit and Loss (SSC)

Total Questions: 50

21. Rini has mixed two colours 'C₁' and 'C₂' in the ratio 2: 3. If the rate of the colour 'C₁' is ₹500 per unit and she is selling the mixture of the two colours at 650 per unit at breakeven price, then what is the rate (in ₹) per unit of the second colour, that is, 'C₂' ? [SSC CGL 27/07/2023 (1st shift)]

Correct Answer: (a) 750
Solution:

22. A shopkeeper purchased 1600 mangos at the rate of ₹120 per dozen. Out of these, he sold 900 mangoes at 15 per mango and the remaining mangoes at ₹14 per mango. His gain percentage is: [SSC CGL 25/07/2023 (4th shift)]

Correct Answer: (a) 45.625%
Solution:

23. A shopkeeper bought a certain number of apples for Rs.3,600. He sold one fifth of them at a loss of 10%, one-fourth of the remaining apples at a loss of 5%, and two-third of the rest at a profit of 15%. At what price (in Rs.) should he sell the remaining apples to earn a profit of 27% overall? [SSC CGL 25/07/2023 (1st shift)]

Correct Answer: (b) 1,584
Solution:

24. A retailer announces a discount of 30% for selling an air-conditioner marked at ₹92,000. The cost price of the air-conditioner is 70% below the marked price. He offers a further discount of 20% if the buyer presents his membership card of the retailer's store. The profit of the retailer with the membership card scheme is what percentage of the profit of the retailer without the membership card scheme? [SSC CGL 20/07/2023 (3rd shift)]

Correct Answer: (b) 65%
Solution:

25. A shopkeeper is incurring a loss of cost price of 4 pens while selling 20 pens to Ajay. If the shopkeeper had purchased 20 pens at 10% less price and had sold 20 pens to Ajay at 25% more than the selling price, then how much percentage would he have gained (rounded off to 1 decimal place)? [Graduate Level 28/06/2023 (Shift-3)]

Correct Answer: (b) 11.1
Solution:

26. Ten refrigerators and four mobile phones together cost ₹2,10,000 while six refrigerators and two mobile phones together cost ₹1,22,000. The cost (in ₹) of one refrigerator and two mobile phones is: [SSC CHSL Tier II (26/06/2023)]

Correct Answer: (a) 37000
Solution:

27. Mukesh sells two shirts. The cost price of the first shirt is equal to the selling price of the second shirt. The first shirt is sold at a profit of 20% and the second shirt is sold at a loss of 20%. What is the ratio of the selling price of the first shirt to the cost price of the second shirt? [SSC MTS 19/06/2023 (Afternoon)]

Correct Answer: (c) 24 : 25
Solution:

28. Kapil bought 100 frocks at the rate of ₹320 per frock. Transport expenditure was 1000. He paid a tax of ₹1.50 per frock and the labor fee was ₹500. What should be the selling price per frock if she wants to make a profit of 10%? [SSC MTS 18/07/2022 (Morning)]

Correct Answer: (b) ₹370.15
Solution:

29. Akshay has 30 articles, each having the same cost price. He marked the price of each article at 30% above its cost price. He sold 15 of the articles at a discount of 20% each and the remaining 15 articles at a discount of 10% each, thereby gaining a total profit of ₹630. What was the cost price of each article? [SSC MTS 12/07/2022 (Morning)]

Correct Answer: (d) ₹200
Solution:

30. A dishonest dealer is selling sugar at Rs. 40 per kg and pretending that he is selling it at a loss of Rs. 5 per kg but he actually gives 800g instead of 1 kg, using a faulty weight. What is his actual profit or loss percent? [SSC CHSL 06/06/2022 (Afternoon)]

Correct Answer: (b) Gain, 11⅑ %
Solution: