{"id":30705,"date":"2019-06-21T17:35:18","date_gmt":"2019-06-21T12:05:18","guid":{"rendered":"https:\/\/cracku.in\/blog\/?p=30705"},"modified":"2019-06-21T17:35:18","modified_gmt":"2019-06-21T12:05:18","slug":"profit-and-loss-questions-for-ssc-mts","status":"publish","type":"post","link":"https:\/\/cracku.in\/blog\/profit-and-loss-questions-for-ssc-mts\/","title":{"rendered":"Profit And Loss Questions For SSC MTS"},"content":{"rendered":"<h1>Profit And Loss Questions For SSC MTS<\/h1>\n<p>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.<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/downloads\/5052\" target=\"_blank\" class=\"btn btn-danger  download\">Download Profit And Loss Questions For SSC MTS<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-mts-mock-test\" target=\"_blank\" class=\"btn btn-primary \">Take a free mock test for SSC MTS<\/a><\/p>\n<p><a href=\"https:\/\/cracku.in\/ssc-mts-previous-papers\">SSC MTS Previous Papers<\/a> (Download PDF)<\/p>\n<p><b>Question 1:\u00a0<\/b>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?<\/p>\n<p>a)\u00a0Rs.2000<\/p>\n<p>b)\u00a0Rs.1500<\/p>\n<p>c)\u00a0Rs.1600<\/p>\n<p>d)\u00a0Rs.1950<\/p>\n<p><b>Instructions<\/b><\/p>\n<p><b>Question 2:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a0Rs 14<\/p>\n<p>b)\u00a0Rs 12<\/p>\n<p>c)\u00a0Rs 13<\/p>\n<p>d)\u00a0Rs 11<\/p>\n<p><b>Question 3:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a010<\/p>\n<p>b)\u00a020<\/p>\n<p>c)\u00a030<\/p>\n<p>d)\u00a00<\/p>\n<p><b>Question 4:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a013.66%<\/p>\n<p>b)\u00a012.33%<\/p>\n<p>c)\u00a014.66%<\/p>\n<p>d)\u00a012.66%<\/p>\n<p><b>Question 5:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a0Rs 260<\/p>\n<p>b)\u00a0Rs 270<\/p>\n<p>c)\u00a0Rs 285<\/p>\n<p>d)\u00a0Rs 277<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-mts-previous-papers\" target=\"_blank\" class=\"btn btn-danger \">SSC MTS Previous Papers PDF<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-mts-mock-test\" target=\"_blank\" class=\"btn btn-primary \">Take a free mock test for SSC MTS<\/a><\/p>\n<p><b>Question 6:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a055%<\/p>\n<p>b)\u00a080%<\/p>\n<p>c)\u00a060%<\/p>\n<p>d)\u00a075%<\/p>\n<p><b>Question 7:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a050 %<\/p>\n<p>b)\u00a040 %<\/p>\n<p>c)\u00a060 %<\/p>\n<p>d)\u00a030 %<\/p>\n<p><b>Question 8:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a020 %<\/p>\n<p>b)\u00a049\/3 %<\/p>\n<p>c)\u00a050\/3 %<\/p>\n<p>d)\u00a051\/3 %<\/p>\n<p><b>Question 9:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a010.33%<\/p>\n<p>b)\u00a015.33%<\/p>\n<p>c)\u00a013.33%<\/p>\n<p>d)\u00a012.33%<\/p>\n<p><b>Question 10:\u00a0<\/b>An article is marked up by 10% and a discount of 20% was given the find the profit\/loss percentage ?<\/p>\n<p>a)\u00a014%<\/p>\n<p>b)\u00a012%<\/p>\n<p>c)\u00a016%<\/p>\n<p>d)\u00a010%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-study-material\" target=\"_blank\" class=\"btn btn-danger \">SSC Study Material (18000 Solved Questions)<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/blog\/general-science-questions-answers-competitive-exams-pdf-mcq-quiz\/\" target=\"_blank\" class=\"btn btn-info \">General Science Notes for SSC Exams<\/a><\/p>\n<p><b>Question 11:\u00a0<\/b>If the selling price of an article is 3 times its cost price then what is the profit percentage ?<\/p>\n<p>a)\u00a0150%<\/p>\n<p>b)\u00a0400%<\/p>\n<p>c)\u00a0200%<\/p>\n<p>d)\u00a0300%<\/p>\n<p><b>Instructions<\/b><\/p>\n<p><b>Question 12:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a0Rs 14.5<\/p>\n<p>b)\u00a0Rs 12.5<\/p>\n<p>c)\u00a0Rs 13.5<\/p>\n<p>d)\u00a0Rs 11.5<\/p>\n<p><b>Question 13:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a010<\/p>\n<p>b)\u00a020<\/p>\n<p>c)\u00a030<\/p>\n<p>d)\u00a040<\/p>\n<p><b>Question 14:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a01.66%<\/p>\n<p>b)\u00a02.33%<\/p>\n<p>c)\u00a01.33%<\/p>\n<p>d)\u00a02.66%<\/p>\n<p><b>Question 15:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a0Rs 210<\/p>\n<p>b)\u00a0Rs 200<\/p>\n<p>c)\u00a0Rs 180<\/p>\n<p>d)\u00a0Rs 220<\/p>\n<p><b>Question 16:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a025%<\/p>\n<p>b)\u00a020%<\/p>\n<p>c)\u00a030%<\/p>\n<p>d)\u00a035%<\/p>\n<p><b>Question 17:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a050\/11 %<\/p>\n<p>b)\u00a040\/11 %<\/p>\n<p>c)\u00a060\/11 %<\/p>\n<p>d)\u00a070\/11 %<\/p>\n<p><b>Question 18:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a020%<\/p>\n<p>b)\u00a049\/3 %<\/p>\n<p>c)\u00a050\/3 %<\/p>\n<p>d)\u00a051\/3 %<\/p>\n<p><b>Question 19:\u00a0<\/b>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 ?<\/p>\n<p>a)\u00a010%<\/p>\n<p>b)\u00a015%<\/p>\n<p>c)\u00a012%<\/p>\n<p>d)\u00a018%<\/p>\n<p><b>Question 20:\u00a0<\/b>An article is marked up by 20% and a discount of 30% was given the find the profit\/loss percentage ?<\/p>\n<p>a)\u00a014%<\/p>\n<p>b)\u00a012%<\/p>\n<p>c)\u00a016%<\/p>\n<p>d)\u00a010%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-practice-set\" target=\"_blank\" class=\"btn btn-danger \">200+ SSC Important Practice Sets<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/blog\/general-knowledge-questions-and-answers-for-competitive-exams-pdf\/\" target=\"_blank\" class=\"btn btn-info \">General Knowledge Q&amp;A for Competitive Exams (Download PDF)<\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Answers &amp; Solutions:<\/strong><\/span><\/p>\n<p><strong>1)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Given Selling Price = Rs.1200<br \/>\nLoss percentage = 20%<br \/>\nThen, Cost Price of the product = $1200 \\times \\dfrac{100}{100-20} = 1200 \\times \\dfrac{100}{80} = Rs.1500$<br \/>\nRequired Profit percentage = 30%<br \/>\nThen, the required Selling Price = 130% of Rs.1500 = Rs.1950<\/p>\n<p><strong>2)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>MP=1000<br \/>\nThree successive discounts of 20% each and so SP=1000*(80\/100)(80\/100)(80\/100)<br \/>\nSP=512<br \/>\nProfit=512-500<br \/>\n=12<\/p>\n<p><strong>3)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>MP=480<br \/>\n1.2*CP=480<br \/>\nCP=400<br \/>\nSP=MP-d<br \/>\nSP=480-d<br \/>\n$\\frac{480-d-400}{400}\\times100$=20<br \/>\n80-d=80<br \/>\nd=0<\/p>\n<p><strong>4)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Total cost price=15*10<br \/>\n=150<br \/>\nTotal selling price=5*8+12*7+3*16<br \/>\n=40+84+48<br \/>\n=172<br \/>\nProfit percent=$\\frac{172-150}{150}\\times100$<br \/>\n=14.66%<\/p>\n<p><strong>5)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>MP=400<br \/>\nSP=MP-discount<br \/>\nSP=400*90\/100<br \/>\nSP=360<br \/>\nCost price=360*10\/13<br \/>\nCost price=Rs 277<\/p>\n<p><strong>6)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Total SP=16800<br \/>\nCost price of 1st mobile=8400(100\/70)<br \/>\n=12000<br \/>\nSelling price of 2nd mobile=8400<br \/>\nCost price of 2nd mobile=16800-12000<br \/>\n=4800<br \/>\nProfit percent=$\\frac{8400-4800}{4800}\\times100$<br \/>\n=75%<\/p>\n<p><strong>7)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Total Cost price=20*15<br \/>\n=300<br \/>\nAs we have 20 different prices and 20 apples and eah apple is sold at a different price and so<br \/>\nTotal SP=1+2+3+4\u2026..20<br \/>\n=$\\frac{20(20+1)}{2}$<br \/>\n=210<br \/>\nLoss percent=$\\frac{300-210}{300}\\times100$<br \/>\n=30%<\/p>\n<p><strong>8)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Cost price=10000<br \/>\nSelling price=(80\/100)*10000<br \/>\n=80000<br \/>\nNew selling price=8000+1500<br \/>\n=9500<br \/>\nLoss percent=$\\frac{10000-9500}{10000}\\times100$<br \/>\n=5 %<\/p>\n<p><strong>9)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Given CP=Rs 15000<br \/>\nSP=(120\/100)*15000<br \/>\n=18000<br \/>\nNew selling price=18000-1000<br \/>\n=17000<br \/>\nLoss percent=$\\frac{17000-15000}{15000}\\times100$<br \/>\n=13.33%<\/p>\n<p><strong>10)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>let the cost price be 100<br \/>\nMarked price =100*1.1=110<br \/>\nSP=MP-discount<br \/>\n=110-110*(20\/100)<br \/>\n=88<br \/>\nLoss=100-88<br \/>\n=12<br \/>\nLoss percent=(12\/100)*100<br \/>\n=12%<\/p>\n<p><strong>11)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Let the cost price be x<br \/>\nSelling price=3x<br \/>\nProfit percent=$\\frac{3x-x}{x}\\times100$<br \/>\n=200%<\/p>\n<p><strong>12)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>MP=500<br \/>\nThree successive discounts of 10% each and so SP=500*(90\/100)(90\/100)(90\/100)<br \/>\nSP=364.5<br \/>\nProfit=364.5-350<br \/>\n=14.5<\/p>\n<p><strong>13)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>MP=240<br \/>\n1.2*CP=240<br \/>\nCP=200<br \/>\nSP=MP-d<br \/>\nSP=240-d<br \/>\n$\\frac{240-d-200}{200}\\times100$=10<br \/>\n40-d=20<br \/>\nd=20<\/p>\n<p><strong>14)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Total cost price=20*12<br \/>\n=240<br \/>\nTotal selling price=5*10+14*7+8*11<br \/>\n=50+98+88<br \/>\n=236<br \/>\nLoss percent=$\\frac{240-236}{240}\\times100$<br \/>\n=1.66%<\/p>\n<p><strong>15)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>MP=300<br \/>\nSP=MP-discount<br \/>\nSP=300*80\/100<br \/>\nSP=240<br \/>\nCost price=240*100\/120<br \/>\nCost price=Rs 200<\/p>\n<p><strong>16)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Total SP=10000<br \/>\nCost price of 1st mobile=5000(100\/80)<br \/>\n=6000<br \/>\nSelling price of 2nd mobile=5000<br \/>\nCost price of 2nd mobile=10000-6000<br \/>\n=4000<br \/>\nProfit percent=$\\frac{5000-4000}{4000}\\times100$<br \/>\n=25%<\/p>\n<p><strong>17)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Total Cost price=20*11<br \/>\n=220<br \/>\nAs we have 20 different prices and 20 apples and eah apple is sold at a different price and so<br \/>\nTotal SP=1+2+3+4\u2026..20<br \/>\n=$\\frac{20(20+1)}{2}$<br \/>\n=210<br \/>\nLoss percent=$\\frac{220-210}{220}\\times100$<br \/>\n=50\/11 %<\/p>\n<p><strong>18)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Cost price=15000<br \/>\nSelling price=(70\/100)*15000<br \/>\n=10500<br \/>\nNew selling price=10500+2000<br \/>\n=12500<br \/>\nLoss percent=$\\frac{15000-12500}{15000}\\times100$<br \/>\n=250000\/15000<br \/>\n=50\/3 %<\/p>\n<p><strong>19)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>Given CP=Rs 20000<br \/>\nSP=(80\/100)*20000<br \/>\n=16000<br \/>\nNew selling price=16000+1000<br \/>\n=17000<br \/>\nLoss percent=$\\frac{20000-17000}{20000}\\times100$<br \/>\n=15%<\/p>\n<p><strong>20)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>let the cost price be 100<br \/>\nMarked price =100*1.2=120<br \/>\nSP=MP-discount<br \/>\n=120-120*(30\/100)<br \/>\n=86<br \/>\nLoss=100-86<br \/>\n=14<br \/>\nLoss percent=(14\/100)*100<br \/>\n=14%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-mts-previous-papers\" target=\"_blank\" class=\"btn btn-danger \">SSC MTS Previous Papers PDF<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/app\" target=\"_blank\" class=\"btn btn-info \">SSC MTS Free Preparation App<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. SSC MTS Previous Papers (Download PDF) Question 1:\u00a0A person sold a product for Rs.1200 and got 20% loss. If [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":30711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[9,1741],"tags":[1847],"class_list":{"0":"post-30705","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ssc","8":"category-ssc-mts","9":"tag-ssc-mts"},"better_featured_image":{"id":30711,"alt_text":"profit and loss questions for ssc mts","caption":"profit and loss questions for ssc mts","description":"profit and loss questions for ssc 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