Profit and Loss Questions for SSC CGL Set-2 PDF
Download SSC CGL Profit and Loss questions with answers set-2 PDF based on previous papers very useful for SSC CGL exams. Very important Maths questions for SSC exams.
Download Profit and Loss Questions for SSC CGL Set-2 PDF
Get 790+ mocks for Rs. 100 – Coupon GOVTJOB
Question 1: When a discount of 20% is given on a lunch buffet, the profit is 42%. If the discount is 15%, then the profit is:
a) 57 percent
b) 50.875 percent
c) 63.125 percent
d) 44.75 percent
Question 2: A trader had 22 quintals of wheat. He sold a part of it at 23% profit and the rest at 33% profit, so that he made a total profit of 27%. How much wheat did he sell at 33% profit?
a) 1320 kg
b) 440 kg
c) 880 kg
d) 1760 kg
Question 3: If a merchant offers a discount of 10% on the list price, then she makes a loss of 25%. What % profit or % loss will she make if she sells at a discount of 20% of the list price?
a) 5 percent profit
b) 33.33 percent loss
c) 90 percent profit
d) 20 percent profit
Question 4: A trader had 9 quintals of wheat. He sold a part of it at 10% profit and the rest at 20% profit, so that he made a total profit of 14 %. How much wheat did he sell at 20% profit?
a) 540 kg
b) 360 kg
c) 180 kg
d) 720 kg
Question 5: A rice trader buys 22 quintals of rice for Rs 3,344. 24% rice is lost in transportation. At what rate should he sell to earn 30% profit?
a) Rs 88.86 per quintal
b) Rs 197.6 per quintal
c) Rs 269.2 per quintal
d) Rs 260 per quintal
SSC CGL Previous Papers Download PDF
Question 6: When a discount of 25% is given on a cruise trip, the profit is 41%. If the discount is 26%, then the profit is
a) 39.12 percent
b) 67 percent
c) 94.88 percent
d) 11.24 percent
Question 7: A person buys 25 kg of rice for ₹600 and sells them at a loss equal to the selling price of 5 kg rice. What will be the loss percentage?
a) 14.28%
b) 16.66%
c) 25%
d) 20%
Question 8: Selling price of first article is ₹ 470 and cost price of second article is ₹ 470. If there is a loss of 20% on first article and profit of 20% on second article, then what will be the overall profit or loss percentage?
a) 2.22% loss
b) 4% profit
c) No profit no loss
d) 1.80% loss
Question 9: Selling price of first article is ₹ 960 and cost price of second article is ₹ 960. If there is a profit of 20% on first article and loss of 20% on second article, then, what will be the total loss?
a) ₹36
b) ₹24
c) ₹20
d) ₹32
Question 10: Out of 100 articles, 25 articles were sold at 25% profit and the remaining articles were sold at 25% loss. What will be the total loss percentage?
a) 15
b) 12.5
c) 20
d) 10
18000+ Questions – Free SSC Study Material
Answers & Solutions:
1) Answer (B)
Let marked price of lunch buffet = Rs. 100
When discount of 20% is given, => Selling price of ticket = $\frac{(100 – 20)}{100} \times 100 = Rs. 80$
Let cost price = $Rs. x$
=> Profit % = $\frac{80 – x}{x} \times 100 = 42$
=> $\frac{80 – x}{x} = \frac{42}{100} = \frac{21}{50}$
=> $4000 – 50x = 21x$
=> $21x + 50x = 71x = 4000$
=> $x = \frac{4000}{71} = $ Rs. $56.33$
If discount is 15%, => Selling price = $\frac{(100 – 15)}{100} \times 100 = Rs. 85$
=> Profit % = $\frac{85 – 56.33}{56.33} \times 100$
= $\frac{2867}{56.33} \approx 50.875\%$
=> Ans – (B)
2) Answer (C)
1 quintal = 100 kg => 22 quintals = 2200 kg
Let the part he sold at 33% profit = $x$ kg
=> Part he sold at 23% profit = $(2200 – x)$ kg
Total profit made by the trader = 27%
=> $33x + 23 (2200 – x) = 27 \times 2200$
=> $33x + (23 \times 2200) – 23x = 27 \times 2200$
=> $10x = 2200 \times (27 – 23)$
=> $x = 220 \times 4 = 880$ kg
=> Ans – (C)
3) Answer (B)
Let list price = Rs. $100x$
After 10% discount, selling price = $\frac{100 – 10}{100} \times 100x$ = Rs. $90x$
Let Cost price = Rs. $y$
=> Loss % = $\frac{y – 90x}{y} \times 100 = 25$
=> $\frac{y – 90x}{y} = \frac{25}{100} = \frac{1}{4}$
=> $4y – 360x = y$
=> $4y – y = 360x$
=> $y = \frac{360x}{3} = 120x$
If discount = 20%, => Selling price = $\frac{100 – 20}{100} \times 100x = Rs. 80x$
$\therefore$ Loss % = $\frac{120x – 80x}{120x} \times 100$
= $\frac{100}{3} \approx 33.33 \%$
=> Ans – (B)
4) Answer (B)
1 quintal = 100 kg => 9 quintals = 900 kg
Let the part he sold at 20% profit = $x$ kg
=> Part he sold at 10% profit = $(900 – x)$ kg
Total profit made by the trader = 14%
=> $20x + 10 (900 – x) = 14 \times 900$
=> $20x + (10 \times 900) – 10x = 14 \times 900$
=> $10x = 900 \times (14 – 10)$
=> $x = 90 \times 4 = 360$ kg
=> Ans – (B)
5) Answer (D)
Cost price = Rs. 3344 for 22 quintals
Quantity of rice left with the trader after transportation lost = $\frac{100 – 24}{100} \times 22$
= $\frac{19}{25} \times 22$ = 16.72 quintals
To have 30% profit, total selling price of the trader should be = $\frac{130}{100} \times 3344$
= Rs. 4347.2
$\therefore$ Selling price per quintal = $\frac{4347.2}{16.72} = Rs. 260$
=> Ans – (D)
6) Answer (A)
Let marked price = Rs. $100x$
After 25% discount, selling price = $\frac{100 – 25}{100} \times 100x$ = Rs. $75x$
Let Cost price = Rs. $y$
=> Profit % = $\frac{75x – y}{y} \times 100 = 41$
=> $\frac{75x – y}{y} = \frac{41}{100}$
=> $7500x – 100y = 41y$
=> $y = \frac{7500x}{141} \approx Rs$ $53.2x$
If, discount = 26%, => Selling price = $\frac{100 – 26}{100} \times 100x = Rs. 74x$
$\therefore$ Profit % = $\frac{74x – 53.2x}{53.2x} \times 100 = \approx 39.12\%$
Ans – (A)
7) Answer (B)
Cost Price of 25 kg of rice = Rs.600
Then, Cost Price of 1 kg of rice = Rs.24
Given, Cost Price of 25 kg of rice – Selling Price of 25 kg of rice = Selling Price of 5 kg of rice
=> Cost Price of 25 kg of rice = Selling Price of 30 kg of rice
Here, Cost Price of 25 kg of rice = Rs.600
=> Selling Price of 30 kg of rice = Rs.600
Then, Selling Price of 1 kg of rice = Rs.20
Therefore, Loss percentage $= \dfrac{24-20}{24}\times100 = \dfrac{4}{24}\times100 = \dfrac{1}{6}\times100 = 16.67$%
8) Answer (A)
Selling Price of first article = Rs.470
Loss = 20%
Cost Price of first article = $Rs.470\times\dfrac{100}{80} = Rs.587.5$
Cost Price of second article = Rs.470
Profit = 20%
Selling Price of second article = $Rs.470\times\dfrac{120}{100} = Rs.564$
Overall Cost Price of both articles = Rs.587.5+Rs.470 = Rs.1057.5
Overall Selling Price of both articles = Rs.470+Rs.564 = Rs.1034
Therefore, Loss percent = $\dfrac{1057.5-1034}{1057.5}\times100 = \dfrac{23.5}{1057.5}\times100 = 2.22$%
9) Answer (D)
Given, Selling Price of first article = Rs.960
Profit = 20%
Then, Cost Price of first article = $Rs.960 \times \dfrac{100}{120} = Rs.800$
Given, Cost Price of second article = Rs.960
Loss = 20%
Then, Selling Price of second article = $Rs.960 \times \dfrac{80}{100} = Rs.768$
Total Cost Price of first and second article = Rs.800+Rs.960 = Rs.1760
Total Selling Price of first and second article = Rs.960+Rs.768 = Rs.1728
Therefore, Loss = Rs.1760 – Rs.1728 = Rs.32
10) Answer (B)
Let the Cost Price of each article be Rs.100
Then, Cost Price of 100 articles = 100*100 = Rs.10000
Cost Price of 25 articles = Rs.2500
Selling Price of 25 articles with a profit of 25% = 125% of Rs.2500 = Rs.3125
Remaining articles = 75
Cost Price of 75 articles = Rs.7500
Selling Price of 75 articles with a loss of 25% = 75% of Rs.7500 = Rs.5625
Total Cost Price = Rs.10000
Total Selling Price = Rs.3125+Rs.5625 = Rs.8750
Loss percentage = $\dfrac{10000-8750}{10000}\times100 = \dfrac{1250}{10000}\times100 = 12.5$%
We hope this Profit and Loss Questions for SSC CGL Exam preparation is so helpful to you.
