Profit and Loss SSC MTS Questions

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 Rs.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. 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 earns 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