Profit and Loss SSC CGL Questions

Profit and Loss

Profit and Loss MCQ Questions

13.

Two successive discounts of 20% and 25% on the marked price of an article are equal to a single discount of Rs. 250. If the marked price of the article is 25% above the cost price, the cost price (in ₹) of the article is:
SSC CGL 2021-19.04.2022-3

A.

450

B.

600

C.

550

D.

500

ANSWER :
D. 500
14.

A shopkeeper offers a discount of 18% on a machine and sells it for ₹48,380. If he does not offer the discount, he will get a profit of 18%. What is the cost price (in ₹) of the machine?
SSC CGL 2021-20.04.2022-2

A.

50,000

B.

48,500

C.

55,000

D.

59,000

ANSWER :
A. 50,000
15.

The selling price of a mobile phone is ₹59,620 and it was sold at 8.4% profit. The cost price (in ₹) of the mobile phone is
SSC CGL 2021-21.04.2022-2

A.

52,000

B.

55,000

C.

45,000

D.

50,000

ANSWER :
B. 55,000
16.
A shopkeeper marks an article x% above the cost price and sells it by allowing 30% discount on the marked price. If there is a loss of 4.8%, then what is the value of x?
SSC CGL 2021-21.04.2022-2
A.
30
B.
40
C.
36
D.
35
ANSWER :
C. 36
17.
A dishonest merchant sells goods at a 12.5% loss on the cost price, but uses 28 g weight instead of 36 g. What is his percentage profit or loss?
SSC CGL 2022-01.12.2022-1
A.
6.25% loss
B.
12.5% gain
C.
18.75% gain
D.
10.5% loss
ANSWER :
B. 12.5% gain
18.

The difference between the cost price and selling price of a pair of shoes is Rs. 1,200. If the profit is 15%, the selling price is?
SSC CGL 2022-01.12.2022-2

A.

Rs. 8,200

B.

Rs. 9,200

C.

Rs. 8,000

D.

Rs. 9,000

ANSWER :
B. Rs. 9,200