Profit and Loss SSC MTS Questions

Profit and Loss

Profit and Loss MCQ Questions

1.
The cost price of an item is 4,350. What is the profit percentage (rounded off to 1 decimal place) if it is sold at 5.680?
SSC MTS 2021-01.09.2023-1
A.
28.50%
B.
40.70%
C.
36.80%
D.
30.60%
ANSWER :
D. 30.60%
2.
Raju sold an article to Ravi at 10% gain. Ravi sold the article to Ramu at a loss of 10%, If Rama paid ₹1,485 to Ravi, find the selling price of Raju and Ravi.
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A.
₹1,200
B.
₹1,500
C.
₹1,650
D.
₹1,600
ANSWER :
C. ₹1,650
3.
The price of a fan is first decreased by 28% and then increased by 35%. If the resulting price is ₹1,215, find the original price of the fan.
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A.
₹1,250
B.
₹1,520
C.
₹2,150
D.
₹1,052
ANSWER :
A. ₹1,250
4.
Shobha purchased a small plot in a residential area for Rs.6,00,000 and sold it to Lakshita at a profit of 20%. Lakshita, in turn, sold it to Dinesh at a loss of 10%. How much did Dinesh pay for the plot?
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A.
₹6,40,000
B.
₹6,48,000
C.
₹6,08,000
D.
₹6,00,000
ANSWER :
B. ₹6,48,000
5.
Samridhi sold a gold ring at a loss of 26%%. If the cost price of the gold ring is ₹38,500, what is the selling price of the gold ring?
SSC MTS 2021-01.09.2023-2
A.
₹28,490
B.
₹30,500
C.
₹29,590
D.
₹38,600
ANSWER :
A. ₹28,490
6.
By selling a Tvset for 16,800 a salesman gains a profit of 20%. If the production cost is increased by 20%. Find the new selling price of the set so as to gain 20%
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A.
₹18,160
B.
₹18,480
C.
₹20,160
D.
₹20,480
ANSWER :
C. ₹20,160