**Profit and Loss Questions for SSC CHSL Set-2 PDF:**

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**Question 1:Â **A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will be the profit or loss (in %)?

a)Â 13.28% profit

b)Â 26.56% loss

c)Â 26.56% profit

d)Â 13.28% loss

**Question 2:Â **If 60% discount is offered on the marked price and selling price becomes equal to cost price then what was the % mark up?

a)Â 100

b)Â 250

c)Â 150

d)Â 40

**Question 3:Â **A retailer marks up his goods by 150% and offers 40% discount. What will be the selling price (in Rs) if the cost price is Rs 800?

a)Â 1200

b)Â 1500

c)Â 1000

d)Â 2000

**Question 4:Â **A shopkeeper marks up his wares by 125% and offers 25% discount. What will be the selling price if the cost price (in Rs) is Rs 640?

a)Â 1080

b)Â 1000

c)Â 920

d)Â 860

**Question 5:Â **If on an item there is 12% discount on the marked price of Rs 10,000 but the item is sold at Rs 8,360 only then what additional discount (in %) did the customer get?

a)Â 6

b)Â 7

c)Â 5

d)Â 8

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**Question 6:Â **If a website is selling smartphone at Rs 18,000 which is marked at Rs 25,000, then what is the discount (in %) at which the smartphone is being sold?

a)Â 25

b)Â 22

c)Â 28

d)Â 20

**Question 7:Â **If a vendor sells a coconut at Rs 14.4 he makes 10% loss. If he wants to make 25% profit, then at what price (in Rs) should he sell?

a)Â 18

b)Â 20

c)Â 16

d)Â 22

**Question 8:Â **The selling price of an article is Rs 816 if the discount on it is 15%. What would be the selling price of the article (in Rs) if the discount on it is 25%?

a)Â 750

b)Â 720

c)Â 800

d)Â 700

**Question 9:Â **A Rs 750 tin of cheese is offered at 8% discount and a Rs 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?

a)Â 12

b)Â 15

c)Â 14

d)Â 16

**Question 10:Â **The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs 540 after giving 25% discount. What is the value of x (in Rs)?

a)Â 360

b)Â 250

c)Â 300

d)Â 240

**Answers & Solutions:**

**1)Â AnswerÂ (C)**

C.P for 1 banana is =8/9 Rs.

S.P for 1 banana is =9/8 Rs.

So, profit is=(9/8-8/9)/(8/9)Ã—100=26.56%.

C is correct choice.

**2)Â AnswerÂ (C)**

Let say cost price is c and marked price is m.

So, 0.40m=c.

or, m=2.5c.

so, he marked up by 1.5 times more than of cost price or by 150% more than cost price.

C is correct choice.

**3)Â AnswerÂ (A)**

Resultant selling price =Â $800\times\left(1+\frac{150}{100}\right)\times0.60=1200\ Rs.$

A is correct choice.

**4)Â AnswerÂ (A)**

Marked Price= (100+125)%= 225% of Rs.640= Rs.1440

Discount offered= 25%

So, Selling Price= (100-25)% of Rs.1440= Rs.1080

Therefore, **Option A** is correct.

**5)Â AnswerÂ (C)**

CP after first discount= (100-12)% of Rs.10,000= Rs.8800

But the item is sold at Rs 8,360,

So, additional discount offered= $(8800-8360)\times100\div8800$= 5%

Therefore, **Option C** is cprrect.

**6)Â AnswerÂ (C)**

Discount in price of smartphone= Rs.(25000-18000)= Rs.7000

% discount given=Â $7000\times100\div25000$= 28%

Therefore, **Option C** is correct.

**7)Â AnswerÂ (B)**

Given SP=14.4

loss %=10 %

Therefore 0.9CP=14.4

CP=14.4/0.9

CP=16

Required profit=25%

SP=1.25CP

=(5/4)*16

=20

**8)Â AnswerÂ (B)**

MP-discount=SP

0.85 MP=SP

MP=816/0.85

MP=Rs 960

Now discount =25%

MP-discount=SP

0.75*960=SP

SP=Rs 720

**9)Â AnswerÂ (C)**

Each cheese tin cost Rs 750

Discount=8%

Cost of each=750*92/100

=690

Cost of 5 cheese tins=3450

Each butter tin=Rs 1250

discount=20%

Cost of each butter tin=1250*4/5

=1000

Cost of 3 butter tins=Rs 3000

Total cost=3450+3000

=6450

Total cost without discount=750*5+1250*3

=3750+3750

=7500

Percent=(6450/7500)*100

=86%

Discount=100-86

=14%

**10)Â AnswerÂ (D)**

Given CP=x

MP=3x

Discount=25%

MP-Discount=540

(3/4)MP=540

MP=Rs 720

3x=720

x=240

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