Profit and Loss SSC CGL Questions

Profit and Loss

Profit and Loss MCQ Questions

7.

A shopkeeper marks his goods at a price 20% higher than their cost price and allows 10% discount on every item. Find his gain percentage.
SSC CGL 2021-12.04.2022-2

A.

10%

B.

10.5%

C.

9%

D.

8%

ANSWER :
D. 8%
8.
The cost prices of two articles A and B are in the ratio 4:5. While selling these articles, the shopkeeper gains 10% on article A and 20% on article B and the difference in their selling prices is ₹480. The difference in the cost price (in ₹) of articles B and A is:
SSC CGL 2021-12.04.2022-2
A.
250
B.
300
C.
400
D.
350
ANSWER :
B. 300
9.
A shopkeeper marks an article at a price 20% higher than its cost price and allows 10% discount. Find his gain percentage.
SSC CGL 2021-13.04.2022-2
A.
9.5%
B.
8%
C.
9%
D.
10%
ANSWER :
B. 8%
10.

The cost prices of two articles A and B are in the ratio 4 : 5. While selling these articles, the shopkeeper gains 10% on article A and 20% profit on article B, and the difference in their selling prices is Rs. 480. Find 30% of the total cost price (in ₹) of both the articles.
SSC CGL 2021-18.04.2022-2

A.

1,250

B.

1,000

C.

900

D.

810

ANSWER :
D. 810
11.

A shopkeeper earns a profit of 17% on selling a book at 10% discount on the printed price. If the cost price is ₹500, then the marked price (in ₹) is:
SSC CGL 2021-18.04.2022-3

A.

615

B.

750

C.

585

D.

650

ANSWER :
D. 650
12.

An article is sold at a profit of \(13\dfrac{1}{4}\)%. Had it been sold for ₹76.70 more, the profit would have been \(16\dfrac{1}{5}\)%. 50% of the cost price of the article (in ₹) is:
SSC CGL 2021-19.04.2022-2

A.

1,250

B.

2,500

C.

1,300

D.

1,500

ANSWER :
C. 1,300