Profit and Loss SSC CGL Questions

Profit and Loss MCQ Questions

1.
A sold a mobile phoen to B at a gain of 25% and B sold it to C at a loss of 10%. If C paid Rs.5,625 for it, how much did A pay (in ₹) for the phone?
SSC CGL 2021-11.04.2022-1
A.
5,000
B.
4,800
C.
4,500
D.
5,100
ANSWER :
A. 5,000
2.
An item cost Rs.400 during a festival sale, a company offes a sale discount that offers x% off on its regular price along with a discount coupon of 10%. The price of the item after using both the sale discount and the discount coupon is Rs.216. What is the value of x?
SSC CGL 2021-11.04.2022-1
A.
25
B.
40
C.
30
D.
35
ANSWER :
B. 40
3.
The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the article is sold for Rs. 448. What will be the selling price of the article if it is sold at a 10% loss?
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A.
Rs. 576
B.
Rs. 640
C.
Rs. 625
D.
Rs. 540
ANSWER :
A. Rs. 576
4.
A person sold an article at a loss of 18%. Had he sold it for Rs.960 more, he would have gained 12%. If the article is sold for Rs.3840, then how much is the profit percentage?
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A.
15%
B.
24%
C.
20%
D.
21%
ANSWER :
C. 20%
5.
A trader sells an article for Rs.425 and loses 15%. At what price (in ₹) should he sell the article to earn 5% profit?
SSC CGL 2021-12.04.2022-1
A.
505
B.
510
C.
445
D.
525
ANSWER :
D. 525
6.
The marked price of an article is Rs.625. After allowing a discount of 32% on the marked price, there was a profit of Rs.25. The profit percentage (correct to the nearest integer)
SSC CGL 2021-12.04.2022-1
A.
5%
B.
4%
C.
6%
D.
7%
ANSWER :
C. 6%