Profit and Loss SSC MTS Questions

Profit and Loss

Profit and Loss MCQ Questions

13.

Apples are bought at 25 for ₹250 and sold at 30 for ₹390. What is the profit/loss percentage in this transaction?
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A.

25% profit

B.

30% profit

C.

25% loss

D.

30% loss

ANSWER :

B. 30% profit

14.
Divya bought 6 candles for a rupee. How many candles for a rupee must she sell to gain 50%?
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A.
Four
B.
Three
C.
One
D.
Two
ANSWER :
A. Four
15.

Profit of ₹29,120 is divided among A, B and C so that A's share is \(2\tfrac{1}{2}\) times B's and B's share is \(1\tfrac{1}{5}\) times C's. Find B's share.
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A.

₹6,940

B.

₹7,820

C.

₹6,720

D.

₹7,140

ANSWER :

C. ₹6,720

16.
Nikita made two investments; she earned 10% on one investment and lost 20% on the second investment. If the investments were in the ratio 2 : 3, then she got a:
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A.
loss of 8%
B.
profit of 15%
C.
profit of 8%
D.
loss of 15%
ANSWER :
A. loss of 8%
17.

By selling 8 items, a shopkeeper gains the selling price of 2 items. The gain percentage of the shopkeeper is:
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A.

25%

B.

\(16\tfrac{2}{3}\%\)

C.

\(33\tfrac{1}{3}\%\)

D.

30%

ANSWER :

C. \(33\tfrac{1}{3}\%\)

18.

Zeenat earns 20% on an investment, but she loses 10% on another investment. If the two investments are respectively in the ratio of 3 : 5, then what is the percentage gain or loss for Zeenat on the two investments taken together?
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A.

1.25% Gain

B.

2.25% Loss

C.

1.25% Loss

D.

2.25% Gain

ANSWER :

A. 1.25% Gain