SSC Profit and Loss Questions with Answers

Profit and Loss

An excellent collection of SSC Profit and loss questions and answers with detailed explanations for competitive exams. Given below are some of the most repeated practice questions on Profit and loss for SSC CGL, CHSL, JE, GD constable, Stenographer, MTS, and CPO exams. Go through this very important online quiz based on model and previous year asked questions from SSC Profit and loss with solutions to ace the exam.

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Instructions

For the following questions answer them individually

Question 1

Marked price of an article is Rs. 275. Shopkeeper allows a discount of 5% and he gets a profit of 4.5%. The actual cost of the article is

Question 2

A discount of 30% on the marked price of a toy reduces its selling price by Rs. 30. What is the new selling price (in Rs.) ?

Question 3

Cost price of 100 books is equal to the selling price of 60 books. The gain percentage/loss percentage is

Question 4

The marked price of a shop keeper for an article is 30% higher than the cost price. If he sells the article allowing 10% discount to customers, then the gain percent will be :

Question 5

The price of an article is first decreased by 20% and then increased by 30%. If the resulting price is 416, the original price of the article is

Question 6

A shopkeeper bought 30 kg of rice at the rate of Rs. 70 per kg and 20 kg of rice at the rate of Rs. 70.75 per kg. If he mixed the two brands of rice and sold the mixture at Rs. 80.50 per kg, his gain is

Question 7

Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji. Balaji sells it for 7 20 more than what he purchased for, this S.P is 30% more than the original C.P of the article. Then Balaji’s profit % is

Question 8

‘A’ sells an article to ‘B’ at a profit of 20% and ‘B’ sells it to ‘C’ at a profit of 25%. If ‘C’ pays Rs. 1,200, the cost price of the article originally (in Rs.) IS

Question 9

A manufacturer marked an article at Rs. 50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was

Question 10

20% loss on selling price is what per cent loss on the cost price?

Question 11

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be

Question 12

By selling an article, a man makes a profit of 25% of its selling price. His profit per cent is

Question 13

The selling price of 10 oranges is the cost price of 13 oranges. Then the profit percentage is

Question 14

A dealer offered a machine for sale for Rs. 27,500 but even if he had charge 10% less, the would have made a profit of 10%. The actual cost of the machine is

Question 15

A man makes a profit of 20% on the sale by selling 20 articles for Rs. 1. The number of articles he bought by Rs. 1 is

Question 16

X sells two articles for Rs. 4,000 each with no loss and no gain in the interaction. If one was sold at a gain of 25% the other is sold at a loss of

Question 17

A shopkeeper earns a profit of 12% on selling a book at 10% discount on printed price. The ratio of the cost price to printed price of the book is

Question 18

After giving a discount of 15% an article is sold at Rs. 2550, what is its marked price ?

Question 19

A man saves 25 on the purchase of an article on which a discount of 20% is allowed. How much did the man pay ?

Question 20

B borrowed 5,000 from A at 6%, p. a. simple interest and lends it to C at compound interest of 10% p. a. If B collects the money back from C after 2 years and repays A, the profit made by B in the transaction is

Question 21

The cost of a piece of diamond varies with the square of its weight. A diamond of Rs. 5,184 value is cut into 3 pieces whose weights are in the ratio 1 : 2 : 3. Find the loss involved in the cutting.

Question 22

A starts business with Rs. 7000 and after 5 months. B joined as a partner. After a year the profit is divided in the ratio 2 : 3. The capital of B is :

Question 23

A shopkeeper marks his goods 40% above the cost price. He allows a discount of 5% for cash payment to his customers. He receives 1064 after paying the discount. His profit is

Question 24

The list price of a book is Rs. 100. A dealer sells three such books for Rs. 274.50 after allowing discount at a certain rate. Find the rate of discount.

Question 25

A shopkeeper gains 17% after allowing a discount of 10% on the marked price of an article. Find his profit percent if the articles are sold at marked price allowing no discount.

Question 26

A tradesman sold an article at a loss of 20%. If the selling price had been increased by 100, there would have been a gain of 5%. The cost price of the article (in Z.) was

Question 27

The cost of a house was X lakhs in 2005. After 3 years, the owner of the house sold it for 25% more than she paid it. But she has to pay a tax of 50% of the gain. The tax amount she has to pay is.

Question 28

The capacities of two hemispherical vessels are 6.4 litres and 21.6 litres. The ratio of their inner radii is

Question 29

P owns 2/3 shares of a company and the rest of the shares is equally divided among Q and R. If the profit on each share increases from 5% to 7%, P earns an extra 800 rupees. The investment of R on the shares is

Question 30

How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 25% on the marked price, he gains 20% ?

Question 31

An article is marked at 5,000. The shopkeeper allows successive discounts of x%, y%, z% on it. The net selling price is

Question 32

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:

Question 33

If goods be purchased for 450 and one third sold at a loss of 10%. At what gain percent should the remainder be sold so as to gain 20% on the whole transaction ?

Question 34

By selling 9 articles for a rupee, a man incurred a loss of 4%. To make a gain of 44%, the number of articles to be sold for a rupee is :

Question 35

A trader fixes selling prices of commodities after increasing them by 10% and offers 10% rebate on selling prices. The per cent gain or loss is

Question 36

If a trader sold an article at Rs.3,060 after allowing 15% and 10% successive discounts on marked price, then the marked price is

Question 37

The list price of an article is 160 and a customer buys it for 122.40 after two successive discounts. If the first discount is 10%, then second discount is

Question 38

If a commission of 10% is given on the marked price of a work, the publisher gains 20%. If the commission is increased to 15%, the gain percent is:

Question 39

Allowing 20% and 15% successive discounts, the selling price of an article becomes Rs. 3,060; then the marked price will be

Question 40

A shopkeeper marks his goods 20% above his cost price and gives 15% discount on the marked price. His gain percent is

Question 41

10% discount and then 20% discount in succession is equivalent to total discount of

Question 42

The marked price of a watch was Rs.720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. The second discount rate is

Question 43

The population of a town increases by 5% every year. If the present population is 9261, the population 3 years ago was

Question 44

The printed price of an article is 40% higher than its cost price. Then the rate of discount such that he gains 12% profit is

Question 45

A and B entered into a partnership investing Rs 16000 and Rs. 12000 respectively. After 3 months A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by

Question 46

In an examination, a student must get 36% marks to pass. A student who gets 190 marks failed by 35 marks. The total marks in that examination is

Question 47

A shopkeeper offers a discount of 10% on his articles. The marked price of the article is 450. The selling price should be

Question 48

An article was sold ford 96. If percentage of profit was numerically equal to the cost price, the cost price of the article is

Question 49

The marked price of a sofa set is Rs 4800 which is sold at Rs 3672 at two successive discounts. If the first discount is 10%, then what will be the second discount (in %)?

Question 50

By selling 175 pineapples, the gain is equal to the selling price of 50 pineapples. What is the gain percentage?

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