Profit, Loss & Discount SSC GD Questions

Profit, Loss & Discount MCQ Questions

1.
The list price of a fan is ₹4,500 and it is sold at 15% discount. If its final selling price, after allowing a second discount percentage on the list price, is ₹3,213, then the second discount percentage is:
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A.
15%
B.
16%
C.
12%
D.
18%
ANSWER :
B. 16%
2.
The total cost price of a watch and a fan is ₹1,170. Rama sells the watch at a profit of 20% and the fan at a profit of 25%. If he earns a total profit of ₹265, then the cost price of the watch is:
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A.
₹550
B.
₹480
C.
₹450
D.
₹620
ANSWER :
A. ₹550
3.
A shopkeeper offers successive discounts of 10% and k%. Customers get items marked at ₹1,200 for ₹864. What is the value of k?
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A.
15
B.
20
C.
80
D.
25
ANSWER :
B. 20
4.
An article was sold at x% profit for ₹875. When the same article was sold for ₹896, the profit made was 3% more than the previous profit. The value of x is:
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A.
30
B.
24
C.
25
D.
20
ANSWER :
C. 25
5.
Kohli deals with second-hand goods. He bought a second-hand AC for ₹10,000. He spent ₹500 on transport and ₹2,000 on its repair and sold it for ₹15,000. What is his gain or loss percentage?
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A.
20% gain
B.
18% gain
C.
18% loss
D.
20% loss
ANSWER :
A. 20% gain
6.
When a plot is sold for ₹34,080, the owner loses 20%. At what price must that plot be sold in order to gain 20%?
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A.
₹50,120
B.
₹51,120
C.
₹41,100
D.
₹51,020
ANSWER :
B. ₹51,120