# Profit And Loss Questions For SSC MTS

Download Top-20 SSC MTS Profit and Loss Questions PDF. Profit and Loss questions based on asked questions in previous year exam papers very important for the SSC MTS exam.

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**Question 1: **A person sold a product for Rs.1200 and got 20% loss. If he needs to get 30% profit, then the price at which he needs to sell is?

a) Rs.2000

b) Rs.1500

c) Rs.1600

d) Rs.1950

**Instructions**

**Question 2: **Marked price of an article is Rs 1000 and three successive discounts of 20% each are given. What is the profit/loss if cost price=500 ?

a) Rs 14

b) Rs 12

c) Rs 13

d) Rs 11

**Question 3: **Marked price of an article is Rs 480 and cost price of article is marked up by 20%. If the profit percent is 20% then what is the discount offered ?

a) 10

b) 20

c) 30

d) 0

**Question 4: **A person bought 15 pens at Rs 10 each and sold 5 of them at Rs 8 and other 7 at Rs 12 and remaining at Rs 16. What is the profit/loss percentage ?

a) 13.66%

b) 12.33%

c) 14.66%

d) 12.66%

**Question 5: **Marked price of an article is Rs 400 and a discount of 10% is given. If profit percent is 30% then what is the cost price ?

a) Rs 260

b) Rs 270

c) Rs 285

d) Rs 277

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**Question 6: **Alan sold his two ipods for Rs 8400 each without any profit or loss. If he sold one of the mobile at 30% loss then at what profit percent should he sell the other mobile ?

a) 55%

b) 80%

c) 60%

d) 75%

**Question 7: **A person purchased 20 ice creams for Rs 15 each and sold each ice cream at a different price,every price is between 1 and 20 both inclusive then what is his loss/profit percent ?

a) 50 %

b) 40 %

c) 60 %

d) 30 %

**Question 8: **Suraj bought a bike for Rs 10000 and sold it at 20% loss.If he had sold it for Rs 1500 more then what will be the loss percent ?

a) 20 %

b) 49/3 %

c) 50/3 %

d) 51/3 %

**Question 9: **A person bought a bike for Rs 15000 and sold it at 20% profit. If he had sold the bike for Rs 1000 less then what is the loss or profit percent ?

a) 10.33%

b) 15.33%

c) 13.33%

d) 12.33%

**Question 10: **An article is marked up by 10% and a discount of 20% was given the find the profit/loss percentage ?

a) 14%

b) 12%

c) 16%

d) 10%

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**Question 11: **If the selling price of an article is 3 times its cost price then what is the profit percentage ?

a) 150%

b) 400%

c) 200%

d) 300%

**Instructions**

**Question 12: **Marked price of an article is Rs 500 and three successive discounts of 10% each are given. What is the profit/loss if cost price=350 ?

a) Rs 14.5

b) Rs 12.5

c) Rs 13.5

d) Rs 11.5

**Question 13: **Marked price of an article is Rs 240 and cost price of article is marked up by 20%. If the profit percent is 10% then what is the discount offered ?

a) 10

b) 20

c) 30

d) 40

**Question 14: **A person bought 20 pens at Rs 12 each and sold 5 of them at Rs 10 and other 7 at Rs 14 and remaining at Rs 11. What is the profit/loss percentage ?

a) 1.66%

b) 2.33%

c) 1.33%

d) 2.66%

**Question 15: **Marked price of an article is Rs 300 and a discount of 20% is given. If profit percent is 20% then what is the cost price ?

a) Rs 210

b) Rs 200

c) Rs 180

d) Rs 220

**Question 16: **Arif sold his two mobiles for Rs 5000 each without any profit or loss. If he sold one of the mobile at 20% loss then at what profit percent should he sell the other mobile ?

a) 25%

b) 20%

c) 30%

d) 35%

**Question 17: **A person purchased 20 apples for Rs 11 each and sold each apple at a different price,every price is between 1 and 20 both inclusive then what is his loss/profit percent ?

a) 50/11 %

b) 40/11 %

c) 60/11 %

d) 70/11 %

**Question 18: **Kiran bought a mobile for Rs 15000 and sold it at 30% loss.If he had sold it for Rs 2000 more then what will be the loss percent ?

a) 20%

b) 49/3 %

c) 50/3 %

d) 51/3 %

**Question 19: **A person bought a bike for Rs 20000 and sold it at 20% loss. If he had sold the bike for Rs 1000 more then what is the loss or profit percent ?

a) 10%

b) 15%

c) 12%

d) 18%

**Question 20: **An article is marked up by 20% and a discount of 30% was given the find the profit/loss percentage ?

a) 14%

b) 12%

c) 16%

d) 10%

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**Answers & Solutions:**

**1) Answer (D)**

Given Selling Price = Rs.1200

Loss percentage = 20%

Then, Cost Price of the product = $1200 \times \dfrac{100}{100-20} = 1200 \times \dfrac{100}{80} = Rs.1500$

Required Profit percentage = 30%

Then, the required Selling Price = 130% of Rs.1500 = Rs.1950

**2) Answer (B)**

MP=1000

Three successive discounts of 20% each and so SP=1000*(80/100)(80/100)(80/100)

SP=512

Profit=512-500

=12

**3) Answer (D)**

MP=480

1.2*CP=480

CP=400

SP=MP-d

SP=480-d

$\frac{480-d-400}{400}\times100$=20

80-d=80

d=0

**4) Answer (C)**

Total cost price=15*10

=150

Total selling price=5*8+12*7+3*16

=40+84+48

=172

Profit percent=$\frac{172-150}{150}\times100$

=14.66%

**5) Answer (D)**

MP=400

SP=MP-discount

SP=400*90/100

SP=360

Cost price=360*10/13

Cost price=Rs 277

**6) Answer (A)**

Total SP=16800

Cost price of 1st mobile=8400(100/70)

=12000

Selling price of 2nd mobile=8400

Cost price of 2nd mobile=16800-12000

=4800

Profit percent=$\frac{8400-4800}{4800}\times100$

=75%

**7) Answer (D)**

Total Cost price=20*15

=300

As we have 20 different prices and 20 apples and eah apple is sold at a different price and so

Total SP=1+2+3+4…..20

=$\frac{20(20+1)}{2}$

=210

Loss percent=$\frac{300-210}{300}\times100$

=30%

**8) Answer (C)**

Cost price=10000

Selling price=(80/100)*10000

=80000

New selling price=8000+1500

=9500

Loss percent=$\frac{10000-9500}{10000}\times100$

=5 %

**9) Answer (C)**

Given CP=Rs 15000

SP=(120/100)*15000

=18000

New selling price=18000-1000

=17000

Loss percent=$\frac{17000-15000}{15000}\times100$

=13.33%

**10) Answer (B)**

let the cost price be 100

Marked price =100*1.1=110

SP=MP-discount

=110-110*(20/100)

=88

Loss=100-88

=12

Loss percent=(12/100)*100

=12%

**11) Answer (C)**

Let the cost price be x

Selling price=3x

Profit percent=$\frac{3x-x}{x}\times100$

=200%

**12) Answer (A)**

MP=500

Three successive discounts of 10% each and so SP=500*(90/100)(90/100)(90/100)

SP=364.5

Profit=364.5-350

=14.5

**13) Answer (B)**

MP=240

1.2*CP=240

CP=200

SP=MP-d

SP=240-d

$\frac{240-d-200}{200}\times100$=10

40-d=20

d=20

**14) Answer (A)**

Total cost price=20*12

=240

Total selling price=5*10+14*7+8*11

=50+98+88

=236

Loss percent=$\frac{240-236}{240}\times100$

=1.66%

**15) Answer (B)**

MP=300

SP=MP-discount

SP=300*80/100

SP=240

Cost price=240*100/120

Cost price=Rs 200

**16) Answer (A)**

Total SP=10000

Cost price of 1st mobile=5000(100/80)

=6000

Selling price of 2nd mobile=5000

Cost price of 2nd mobile=10000-6000

=4000

Profit percent=$\frac{5000-4000}{4000}\times100$

=25%

**17) Answer (A)**

Total Cost price=20*11

=220

As we have 20 different prices and 20 apples and eah apple is sold at a different price and so

Total SP=1+2+3+4…..20

=$\frac{20(20+1)}{2}$

=210

Loss percent=$\frac{220-210}{220}\times100$

=50/11 %

**18) Answer (C)**

Cost price=15000

Selling price=(70/100)*15000

=10500

New selling price=10500+2000

=12500

Loss percent=$\frac{15000-12500}{15000}\times100$

=250000/15000

=50/3 %

**19) Answer (B)**

Given CP=Rs 20000

SP=(80/100)*20000

=16000

New selling price=16000+1000

=17000

Loss percent=$\frac{20000-17000}{20000}\times100$

=15%

**20) Answer (A)**

let the cost price be 100

Marked price =100*1.2=120

SP=MP-discount

=120-120*(30/100)

=86

Loss=100-86

=14

Loss percent=(14/100)*100

=14%