{"id":42842,"date":"2020-09-23T18:47:38","date_gmt":"2020-09-23T13:17:38","guid":{"rendered":"https:\/\/cracku.in\/blog\/?p=42842"},"modified":"2020-09-23T18:47:38","modified_gmt":"2020-09-23T13:17:38","slug":"profit-and-loss-questions-for-ssc-cgl-tier-2-pdf","status":"publish","type":"post","link":"https:\/\/cracku.in\/blog\/profit-and-loss-questions-for-ssc-cgl-tier-2-pdf\/","title":{"rendered":"Profit and Loss Questions for SSC CGL Tier 2 PDF"},"content":{"rendered":"<h2><span style=\"text-decoration: underline;\"><strong>Profit and Loss Questions for SSC CGL Tier 2 PDF<\/strong><\/span><\/h2>\n<p>Download SSC CGL Tier 2 Profit and Loss Questions PDF. Top 15 SSC CGL Tier 2 Profit and Loss questions based on asked questions in previous exam papers very important for the SSC exam.<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/downloads\/10231\" target=\"_blank\" class=\"btn btn-danger  download\">Download Profit and Loss Questions for SSC CGL Tier 2 PDF<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-cgl-tier-2-mock-tests\" target=\"_blank\" class=\"btn btn-info \">Get 10 SSC CGL Tier-2 Mocks for Rs. 149<\/a><\/p>\n<p>Take <a href=\"https:\/\/cracku.in\/ssc-cgl-tier-2-mock-tests\" target=\"_blank\" rel=\"noopener noreferrer\">SSC CGL Tier-2 Mock Tests<\/a><\/p>\n<p>Download <a href=\"https:\/\/cracku.in\/ssc-cgl-tier-2-previous-papers\" target=\"_blank\" rel=\"noopener noreferrer\">SSC CGL Tier-2 Previous Papers PDF<\/a><\/p>\n<p><b>Question 1:\u00a0<\/b>By selling an article, a man makes a profit of 25% of its selling price. His profit per cent is<\/p>\n<p>a)\u00a020<\/p>\n<p>b)\u00a025<\/p>\n<p>c)\u00a030<\/p>\n<p>d)\u00a033.33<\/p>\n<p><b>Question 2:\u00a0<\/b>Allowing 20% and 15% successive discounts, the selling price of an article becomes Rs. 3,060; then the marked price will be<\/p>\n<p>a)\u00a0Rs. 4,000<\/p>\n<p>b)\u00a0Rs. 4,400<\/p>\n<p>c)\u00a0Rs. 5,000<\/p>\n<p>d)\u00a0Rs. 4,500<\/p>\n<p><b>Question 3:\u00a0<\/b>In a school, 10% of number of girls is equal to 1\/20 th of number of boys. Ratio between the number of boys to number of girls is<\/p>\n<p>a)\u00a01 : 2<\/p>\n<p>b)\u00a02 : 1<\/p>\n<p>c)\u00a01 : 4<\/p>\n<p>d)\u00a04 : 1<\/p>\n<p><b>Question 4:\u00a0<\/b>A man buys one table and one chair for Rs. 500. He sells the table at a loss of 10% and the chair at a gain of 10%. He still gains Rs. 10 on the whole. The cost price of the chair is:<\/p>\n<p>a)\u00a0Rs. 250<\/p>\n<p>b)\u00a0Rs. 300<\/p>\n<p>c)\u00a0Rs. 350<\/p>\n<p>d)\u00a0Rs. 200<\/p>\n<p><b>Question 5:\u00a0<\/b>A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is<\/p>\n<p>a)\u00a0$17\\frac{12}{17}$%<\/p>\n<p>b)\u00a0$17\\frac{11}{17}$%<\/p>\n<p>c)\u00a0$71\\frac{11}{17}$%<\/p>\n<p>d)\u00a0$11\\frac{11}{17}$%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-cgl-tier-2-mock-tests\" target=\"_blank\" class=\"btn btn-info \">Take SSC CGL Tier-2 Mock Tests<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-cgl-tier-2-previous-papers\" target=\"_blank\" class=\"btn btn-danger \">Download SSC CGL Tier-2 Previous Papers PDF<\/a><\/p>\n<p><b>Question 6:\u00a0<\/b>A vendor buys pens at the rate of 4 for Rs 5 and sells at the rate of 4 for Rs 3. What will be the result?<\/p>\n<p>a)\u00a040 percent gain<\/p>\n<p>b)\u00a066.6 percent loss<\/p>\n<p>c)\u00a066.66 percent gain<\/p>\n<p>d)\u00a040 percent loss<\/p>\n<p><b>Question 7:\u00a0<\/b>Rajesh sells a machine for Rs 57 lakhs at a loss. Had he sold it for Rs 67 lakh, his gain would have been 7 times the former loss. Find the cost price of the machine.<\/p>\n<p>a)\u00a0Rs 58.25 lakhs<\/p>\n<p>b)\u00a0Rs 65.75 lakhs<\/p>\n<p>c)\u00a0Rs 75.14 lakhs<\/p>\n<p>d)\u00a0Rs 50.75 lakhs<\/p>\n<p><b>Question 8:\u00a0<\/b>Marked price of an item is Rs 200. On purchase of 1 item discount is 5%, on purchase of 2 items discount is 14%. Rajeshri buys 3 items, what is the effective discount?<\/p>\n<p>a)\u00a037 percent<\/p>\n<p>b)\u00a026.25 percent<\/p>\n<p>c)\u00a011 percent<\/p>\n<p>d)\u00a030.2 percent<\/p>\n<p><b>Question 9:\u00a0<\/b>Mohit buys an old bicycle for Rs 2700 and spends Rs 500 on its repairs. If he sells the bicycle for Rs 3520, then what is his profit percentage?<\/p>\n<p>a)\u00a010<\/p>\n<p>b)\u00a012.5<\/p>\n<p>c)\u00a015<\/p>\n<p>d)\u00a020<\/p>\n<p><b>Question 10:\u00a0<\/b>A trader had 1200 kgs of rice. He sold a part of it at 5% profit and the rest at 11% profit, so that he made a total profit of 7%. How much (in kg) rice did he sell at 5% profit?<\/p>\n<p>a)\u00a0900<\/p>\n<p>b)\u00a0600<\/p>\n<p>c)\u00a0400<\/p>\n<p>d)\u00a0800<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-study-material\" target=\"_blank\" class=\"btn btn-info \">18000+ Questions &#8211; Free SSC Study Material<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/www.youtube.com\/channel\/UCMDJPaiDdRPv2mrEJoLfklA\" target=\"_blank\" class=\"btn btn-alone \">Free SSC Preparation (Videos Youtube)<\/a><\/p>\n<p><b>Question 11:\u00a0<\/b>A tradesman marks his goods 30% more than the cost price, if he allows a discount of 20% on the marked price,then his gain percent is<\/p>\n<p>a)\u00a015<\/p>\n<p>b)\u00a010<\/p>\n<p>c)\u00a06<\/p>\n<p>d)\u00a04<\/p>\n<p><b>Question 12:\u00a0<\/b>A table is sold at a discount of 45%. If the marked price of the table is Rs 10800, then what is the selling price (in Rs) of the table?<\/p>\n<p>a)\u00a04680<\/p>\n<p>b)\u00a04860<\/p>\n<p>c)\u00a05560<\/p>\n<p>d)\u00a05940<\/p>\n<p><b>Question 13:\u00a0<\/b>An article is sold a profit of 25%. If the selling price is doubled, the profit will be:<\/p>\n<p>a)\u00a0100%<\/p>\n<p>b)\u00a050%<\/p>\n<p>c)\u00a0200%<\/p>\n<p>d)\u00a0150%<\/p>\n<p><b>Question 14:\u00a0<\/b>At a village trade fair a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25 % and the camel at a loss of 20 %. If he sold both the animals at the same price, then the cost price of the cheaper animal was Rs ____________.<\/p>\n<p>a)\u00a06600<\/p>\n<p>b)\u00a07500<\/p>\n<p>c)\u00a025000<\/p>\n<p>d)\u00a020000<\/p>\n<p><b>Question 15:\u00a0<\/b>A retailer marks up his goods by 20% and then offers 25% discount. What will be the selling price on an item that he sells if its cost price (in Rs) is Rs 2500?<\/p>\n<p>a)\u00a02400<\/p>\n<p>b)\u00a03000<\/p>\n<p>c)\u00a02750<\/p>\n<p>d)\u00a02250<\/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-primary \">Download SSC CGL General Science Notes 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 Profit on selling price is 25%<br \/>\nSuppose selling price is y<br \/>\nhence profit will be $\\frac{y}{4}$ and cost price will be $\\frac{3y}{4}$<\/p>\n<p>Now profit percentage on cost price will be \u00a0$\\frac{\\frac{y}{4}}{\\frac{3y}{4}}\\times100$<\/p>\n<p>i.e.\u00a0$\\frac{100}{3}$ = 33.33<\/p>\n<p><strong>2)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Let M.P. = $100x$<\/p>\n<p>After allowing 20% discount =&gt; $\\frac{20}{100} * 100x = 20x$<\/p>\n<p style=\"margin-left: 20px;\">=&gt; Amount after first discount = $100x-20x = 80x$<\/p>\n<p>After allowing 15% discount =&gt; $\\frac{15}{100} * 80x = 12x$<\/p>\n<p style=\"margin-left: 20px;\">=&gt; Amount after second discount = $80x-12x = 68x$<\/p>\n<p>Now, $68x$ = 3060<\/p>\n<p style=\"margin-left: 20px;\">=&gt; $x$ = 45<\/p>\n<p>=&gt; M.P. = 4500<\/p>\n<p><strong>3)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>Let number of boys = $100x$ and number of girls = $100y$<\/p>\n<p>We need to find $\\frac{100x}{100y}$ = $\\frac{x}{y}$<\/p>\n<p>10% of girls = $\\frac{10}{100} * 100y = 10y$<\/p>\n<p>1\/20th of boys = $\\frac{1}{20} * 100x = 5x$<\/p>\n<p><span class=\"redactor-invisible-space\">Now, both of these are equal<\/span><\/p>\n<p><span class=\"redactor-invisible-space\">=&gt; $5x = 10y$<\/span><\/p>\n<p><span class=\"redactor-invisible-space\">=&gt; $\\frac{x}{y}$ = $\\frac{2}{1}$<\/span><\/p>\n<p><span class=\"redactor-invisible-space\"><span class=\"redactor-invisible-space\">=&gt; Required ratio = 2 : 1<\/span><\/span><\/p>\n<p><strong>4)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>If the CP of the chair be Rs. x then,<br \/>\nTotal SP = x*0.9 + (500-x)*1.1<br \/>\nSo,, x = Rs. 300.<\/p>\n<p><strong>5)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>Let the cost price of the goods be Rs 1000\/kg =&gt; Re 1\/g<\/p>\n<p>Selling price = Rs 1000\/850 g =&gt; Rs $\\frac{20}{17}$ \/g<\/p>\n<p>Profit % = $\\frac{\\frac{20}{17} &#8211; 1}{1} * 100$ %<\/p>\n<p>= $\\frac{300}{17} = 17\\frac{11}{17}$%<\/p>\n<p><strong>6)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>The vendor buys 4 pens for Rs. 5<\/p>\n<p>=&gt; Cost price of 1 pen = $\\frac{5}{4}$ = Rs 1.25<\/p>\n<p>He sells 4 pens for Rs. 3<\/p>\n<p>=&gt; Selling price of 1 pen = $\\frac{3}{4}$ =\u00a0Rs 0.75<\/p>\n<p>$\\because$ Selling price is less than Cost price, the vendor suffers a loss<\/p>\n<p>=&gt; Loss % = $\\frac{(1.25 &#8211; 0.75)}{1.25} \\times 100$<\/p>\n<p>= $\\frac{2}{5} \\times 100 = 40\\%$<\/p>\n<p>=&gt; Ans &#8211; (D)<\/p>\n<p><strong>7)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Let cost price of the machine = Rs. $x$ lakhs<\/p>\n<p>When selling price = Rs. 57 lakhs<\/p>\n<p>=&gt; Loss = Rs. $(x &#8211; 57)$ lakhs<\/p>\n<p>If selling price = Rs. 67 lakhs<\/p>\n<p>=&gt; Profit = Rs. $(67 &#8211; x)$ lakhs<\/p>\n<p>According to ques, Profit = 7 $\\times$ loss<\/p>\n<p>=&gt; $(67 &#8211; x) = 7 \\times (x &#8211; 57)$<\/p>\n<p>=&gt; $67 &#8211; x = 7x &#8211; 399$<\/p>\n<p>=&gt; $7x + x = 399 + 67 = 466$<\/p>\n<p>=&gt; $x = \\frac{466}{8} = $ Rs. $58.25$ lakhs<\/p>\n<p>=&gt; Ans &#8211; (A)<\/p>\n<p><strong>8)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Marked price of item = Rs. 200<\/p>\n<p>Amount saved on buying 1 item = $\\frac{5}{100} \\times 200 = Rs. 10$<\/p>\n<p>Marked price of 2 items = $2 \\times 200$ = Rs. 400<\/p>\n<p>Amount saved on buying 2 items = $\\frac{14}{100} \\times 400 = Rs. 56$<\/p>\n<p>Thus, on buying 3 items, total amount saved = 10 + 56 = Rs. 66<\/p>\n<p>Total marked price of 3 items = $3 \\times 200$ = Rs. 600<\/p>\n<p>$\\therefore$ Effective discount = $\\frac{66}{600} \\times 100$<\/p>\n<p>= $\\frac{66}{6} = 11 \\%$<\/p>\n<p>=&gt; Ans &#8211; (C)<\/p>\n<p><strong>9)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Total cost price of bicycle including repairs = 2700+500 = Rs. 3200<\/p>\n<p>Selling price = Rs. 3520<\/p>\n<p>=&gt; Profit % = $\\frac{(3520-3200)}{3200}\\times100$<\/p>\n<p>= $\\frac{320}{32}=10\\%$<\/p>\n<p>=&gt; Ans &#8211; (A)<\/p>\n<p><strong>10)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Let X be the weight of rice sold at 5% profit, then<\/p>\n<p>$\\Rightarrow \\frac{105}{100}\\times X + \\frac{111}{100}\\times (1200-x) = \\frac{107}{100} \\times 1200$<\/p>\n<p>$\\Rightarrow 1.05\\times X + 1.11\\times (1200-X) = 1.07\\times 1200$<\/p>\n<p>$\\Rightarrow 1.05\\times X &#8211; 1.11\\times X = 1.07\\times 1200 &#8211; 1.11\\times 1200$<\/p>\n<p>$\\Rightarrow -0.6\\times X = -480$<\/p>\n<p>$\\Rightarrow X = 800$<\/p>\n<p>so the answer is option D.<\/p>\n<p><strong>11)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Let cost price = Rs. 100<\/p>\n<p>=&gt; Marked price = $100+(\\frac{30}{100}\\times100)$<\/p>\n<p>= $100+30=Rs.$ $130$<\/p>\n<p>Discount % = 20%<\/p>\n<p>=&gt; Selling price = $130-(\\frac{20}{100}\\times130)$<\/p>\n<p>= $130-26=Rs.$ $104$<\/p>\n<p>$\\therefore$ Profit % = $\\frac{(104-100)}{100}\\times100=4\\%$<\/p>\n<p>=&gt; Ans &#8211; (D)<\/p>\n<p><strong>12)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Marked price = Rs. 10800<\/p>\n<p>Discount % = 45%<\/p>\n<p>=&gt; Selling price = $10800-(\\frac{45}{100}\\times10800)$<\/p>\n<p>= $(10800-4860)=Rs.$ $5940$<\/p>\n<p>=&gt; Ans &#8211; (D)<\/p>\n<p><strong>13)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Let cost price = Rs. 100<\/p>\n<p>Profit % = 25%<\/p>\n<p>=&gt; Selling price = $100+(\\frac{25}{100}\\times100)$<\/p>\n<p>= $100+25=Rs.$ $125$<\/p>\n<p>New selling price = $2\\times125=Rs.$ $250$<\/p>\n<p>=&gt; Profit\u00a0% = $\\frac{(250-100)}{100}\\times100=150\\%$<\/p>\n<p>=&gt; Ans &#8211; (D)<\/p>\n<p><strong>14)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p><strong>15)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Selling price is =\u00a0$2500\\times\\left(1.20\\right)\\times\\left(1-0.25\\right)\\ =\\ 2250\\ Rs.$<\/p>\n<p>D is correct choice.<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/ssc-online-coaching\" target=\"_blank\" class=\"btn btn-info \">Free SSC Online Coaching<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.cracku.app&amp;hl=en_US\" target=\"_blank\" class=\"btn btn-danger \">DOWNLOAD APP FOR SSC FREE MOCKS<\/a><\/p>\n<p>We hope this Profit and Loss Questions pdf for SSC CGL Tier 2 exam will be highly useful for your Preparation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profit and Loss Questions for SSC CGL Tier 2 PDF Download SSC CGL Tier 2 Profit and Loss Questions PDF. Top 15 SSC CGL Tier 2 Profit and Loss questions based on asked questions in previous exam papers very important for the SSC exam. Take SSC CGL Tier-2 Mock Tests Download SSC CGL Tier-2 Previous [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":42849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[3167,125,9,504,378,1493,1611,1741,1441],"tags":[206,4111,358,500,461,1461,1711,1242],"class_list":{"0":"post-42842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-downloads-en","8":"category-featured","9":"category-ssc","10":"category-ssc-cgl","11":"category-ssc-chsl","12":"category-ssc-cpo","13":"category-ssc-je","14":"category-ssc-mts","15":"category-stenographer","16":"tag-profit-and-loss","17":"tag-ssc-cgl-tier-2","18":"tag-ssc-chsl","19":"tag-ssc-cpo","20":"tag-ssc-exams","21":"tag-ssc-gd","22":"tag-ssc-je","23":"tag-ssc-stenographer"},"better_featured_image":{"id":42849,"alt_text":"Profit and Loss 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