# Profit And Loss Questions For SSC CGL PDF

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Profit And Loss Questions For SSC CGL PDF:

Download Profit & Loss questions and answers for SSC CGL PDF with solutions. Important practice problems on profit, loss and discount based on asked questions in CGL Previous papers.

Question 1: A company showroom gives a discount of 20% on the second grade shoes and a further discount of 15% on shareholder’s coupon. The total discount, a coupon holder will get is

a) 32%
b) 36%
c) 35%
d) 38%

Question 2: 20% profit is made when a discount of 20% is given on the marked price. When the discount is 30% profit will be

a) 4%
b) 5%
c) 6%
d) 7.5%

Question 3: A dealer buys a table listed at Rs. 1,500 and gets successive discounts of 20% and 10%. He spends Rs. 20 on transportation and sells it at a profit of 20%. Find the selling price of the table.

a) Rs. 1,420
b) Rs. 1,300
c) Rs. 1,320
d) Rs. 1,380

Question 4: If the cost price of 10 articles equals selling price of 9 articles, the gain or loss percent will be

a) $11\frac{1}{9}$ % loss
b) $1\frac{1}{9}$ % loss
c) $1\frac{1}{9}$ % gain
d) $11\frac{1}{9}$ % gain

Question 5: The price of an item was increased by 10%. This reduced the monthly total sales by 20%. The overall effect on the value of monthly sales is a

a) 10% increase
b) 10% decrease
c) 12% increase
d) 12% decrease

Let original price = $100x$

After 1st discount of 20% =>$\frac{20}{100} * 100x = 20x$

Price = $100x-20x = 80x$

After 2nd discount of 15% => $\frac{15}{100} * 80x = 12x$

Price will become = $80x-12x = 68x$

=> Equivalent Discount % = $\frac{100x-68x}{100x}$ * 100 = 32%

Let C.P. = $100x$

Profit = $\frac{20}{100} * 100x = 20x$

=> S.P. = $100x+20x = 120x$

Discount % = 20%

Let M.P. = $y$

=> $\frac{y-120x}{y}$ * 100 = 20

=> $4y = 600x$

=> M.P. = $150x$

When 30% discount is given => $\frac{30}{100} * 150x = 45x$

=> S.P. = $150x-45x = 105x$

=> Profit % = $\frac{105x-100x}{100x}$ * 100 = 5%

M.P. = 1500

After first discount of 20% => $\frac{20}{100}$ * 1500 = 300

=> Price after first discount = 1500-300 = 1200

After second discount of 10% => $\frac{10}{100}$ * 1200 = 120

=> Price after second discount = 1200-120 = 1080

Thus, the dealer purchased it for 1080 and spends 20 more on it

=> Total C.P. = 1080+20 = 1100

Profit = $\frac{20}{100}$ * 1100 = 220

=> S.P. = 1100+220 = 1320

Let C.P. of 1 article = 1

=> C.P. of 10 articles = 10*1 = 10

which is equal to S.P. of 9

=> S.P. of 1 item = $\frac{10}{9}$

=> profit % = $\frac{\frac{10}{9}-1}{1}$ * 100

= $\frac{100}{9}$ = 11$\frac{1}{9}$%