SSC Quantitative Aptitude Profit and Loss Question Bank

done Profit Loss and Discount (I) Total Questions - 52

• question_answer1)
  A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to those customers who pay cash. What does a customer have to pay in case for a toy of Rs. 200? [SSC CGL Tier II, 2017]
  A)
  Rs. 133.7 done clear
  B)
  Rs. 129.8 done clear
  C)
  Rs. 163.2 done clear
  D)
  Rs. 153.3 done clear
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• question_answer2)
  A photographer allows a discount of 10% on the advertised price of a camera. The price that must be marked on the camera, which cost him Rs. 600, to make a profit of 20%, would be [SSC CGL Tier II, 2017]
  A)
  Rs. 650 done clear
  B)
  Rs. 800 done clear
  C)
  Rs. 700 done clear
  D)
  Rs. 850 done clear
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• question_answer3)
  A dinner set is quoted for Rs. 1500. A customer pays Rs. 1173 for it. If the customer got a series of two discounts and the rate of first discount is 15%, then the rate of second discount was, [SSC CGL Tier II, 2017]
  A)
  15% done clear
  B)
  7% done clear
  C)
  9% done clear
  D)
  8% done clear
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• question_answer4)
  The ratio of cost price and selling price of an article is 20 : 21. Then, gain per cent on it, is [SSC CGL Tier II, 2017]
  A)
  4% done clear
  B)
  5% done clear
  C)
  6% done clear
  D)
  7% done clear
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• question_answer5)
  A shopkeeper buys 20 kg of a product of Rs. 150 per kg. 15% of product was damaged. At what price (per kg) should he sell the remaining so as to earn a profit of 20%? [SSC CGL Tier II, 2017]
  A)
  Rs. 211 done clear
  B)
  Rs. 205 done clear
  C)
  Rs. 200 done clear
  D)
  Rs. 203 done clear
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• question_answer6)
  There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20%, the price of rice per kg will be [SSC CGL Tier II, 2015]
  A)
  Rs. 63 done clear
  B)
  Rs. 72 done clear
  C)
  Rs. 65 done clear
  D)
  Rs. 70 done clear
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• question_answer7)
  A man sells an article at 5% above its cost price. If he had bought it at 5% less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10%. The cost price of the article is [SSC CGL Tier II, 2015]
  A)
  Rs. 100 done clear
  B)
  Rs. 200 done clear
  C)
  Rs. 400 done clear
  D)
  Rs. 300 done clear
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• question_answer8)
  A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is [SSC CGL Tier II, 2015]
  A)
  \[30\frac{5}{8}%\] done clear
  B)
  35% done clear
  C)
  \[28\frac{3}{8}%\] done clear
  D)
  \[36\frac{5}{9}%\] done clear
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• question_answer9)
  Articles are marked at a price which given a profit of 25%. After allowing a certain discount the profit reduces to \[12\frac{1}{2}%.\] The discount per cent is [SSC CGL Tier II, 2015]
  A)
  10 done clear
  B)
  \[12\frac{1}{2}\] done clear
  C)
  11.1 done clear
  D)
  12 done clear
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• question_answer10)
  A shopkeeper sold an item at 10% loss after giving a discount equal to half the marked price. Then, the cost price is [SSC CGL Tier II, 2014]
  A)
  \[\frac{1}{9}\text{th}\] of marked price    done clear
  B)
  \[\frac{4}{9}\text{th}\] of marked price done clear
  C)
  \[\frac{5}{9}\text{th}\] of marked price done clear
  D)
  \[\frac{7}{9}\text{th}\] of marked price done clear
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• question_answer11)
  A person purchased a saree for Rs. 7710 after availing a net discount of Rs. 1285. The percentage of discount, the saree shop offers, is [SSC CGL Tier II, 2014]
  A)
  \[14\frac{1}{7}%\] done clear
  B)
  \[14\frac{2}{7}%\] done clear
  C)
  \[14\frac{3}{7}%\] done clear
  D)
  \[14\frac{4}{7}%\] done clear
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• question_answer12)
  A cycle dealer offers a discount of 10% and still makes a profit of 26%. What does he pay for a cycle whose marked price is Rs. 840? [SSC CGL Tier II, 2014]
  A)
  Rs. 600 done clear
  B)
  Rs. 650 done clear
  C)
  Rs. 700 done clear
  D)
  Rs. 750 done clear
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• question_answer13)
  An article is sold at a gain of 15% Had it been sold for Rs. 27 more, the profit would have been 20%. The cost price  of the article is
  A)
  Rs. 500 done clear
  B)
  Rs. 700 done clear
  C)
  Rs. 540 done clear
  D)
  Rs. 545 done clear
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• question_answer14)
  Gita buys a plot of land for Rs. 96000. She sells \[\frac{2}{5}\] of it at a loss of 6%. She wants to make a profit of 10% on the whole transaction by selling the remaining land. The gain per cent on the remaining land is
  A)
  \[20\] done clear
  B)
  \[20\frac{2}{3}\] done clear
  C)
  \[14\] done clear
  D)
  \[7\] done clear
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• question_answer15)
  A tradesman marks his goods 30% more than the cost price. If he allows a discount of \[6\frac{1}{4}%,\] then his gain per cent is
  A)
  \[23\frac{3}{4}\] done clear
  B)
  22 done clear
  C)
  \[21\frac{7}{8}\] done clear
  D)
  30 done clear
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• question_answer16)
  A shopkeeper purchases a chair marked at Rs. 600 at two successive discounts of 15% and 20% respectively. He spent Rs. 28 on transportation and sold the chair for Rs. 545. His gain per cent was
  A)
  25 done clear
  B)
  30 done clear
  C)
  35 done clear
  D)
  20 done clear
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• question_answer17)
  The marked price of a piano was Rs. 15000. At the time of sale, there were successive discounts of 20%, 10% and 10% respectively on it. The sale price was
  A)
  Rs. 9720 done clear
  B)
  Rs. 9750 done clear
  C)
  Rs. 9760 done clear
  D)
  Rs. 9780 done clear
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• question_answer18)
  By selling 25 m of cloth a trader gains the selling price of 5 m of cloth. The gain of the trader in per cent is
  A)
  25 done clear
  B)
  20 done clear
  C)
  28 done clear
  D)
  29 done clear
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• question_answer19)
  A sells a suitcase of B at 10% profit. B sells it to C at 30% profit. If C pays Rs. 2860 for it, then the price at which A bought it is
  A)
  Rs. 1000 done clear
  B)
  Rs. 1600 done clear
  C)
  Rs. 2000 done clear
  D)
  Rs. 2500 done clear
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• question_answer20)
  A person purchased a certain number of articles at 11 articles for Rs. 10 and sold them at 10 articles for Rs. 11. Find the gain percentage.
  A)
  22 done clear
  B)
  20 done clear
  C)
  1 done clear
  D)
  21 done clear
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• question_answer21)
  A shopkeeper sells a transistor at 15% above its cost price. If he had bought it at 5% more than what he paid for it and sold it for Rs. 6 more, he would have gained 10%. The cost price of the transistor is
  A)
  Rs. 800 done clear
  B)
  Rs. 1000 done clear
  C)
  Rs. 1200 done clear
  D)
  Rs. 1400 done clear
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• question_answer22)
  A man sold two houses for Rs. 96000 each. In the sale of the first house, he incurred 20% profit and in the sale of the second, he incurred 20% loss. What is the gain or loss percentage in total?
  A)
  6%, Gain done clear
  B)
  6%, Loss done clear
  C)
  4%, Gain done clear
  D)
  4%, Loss done clear
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• question_answer23)
  By selling an article at 80% of its marked price, a trader makes a loss of 10%. What will be the profit percentage if he sells it at 95% of its marked price?
  A)
  6.9 done clear
  B)
  5 done clear
  C)
  5.9 done clear
  D)
  12.5 done clear
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• question_answer24)
  By selling an umbrella for Rs. 30, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allow a discount of 10% of the marked price. His gain percentage during the sale season is
  A)
  7 done clear
  B)
  7.5 done clear
  C)
  8 done clear
  D)
  9 done clear
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• question_answer25)
  What is the maximum percentage discount (approximately) that a merchant can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 40%?
  A)
  60% done clear
  B)
  No discount done clear
  C)
  33.5% done clear
  D)
  28.5% done clear
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• question_answer26)
  While selling, a businessman allows 40% discount on the marked price and there is a loss of 30%. If it is sold at the marked price, profit per cent will be
  A)
  \[10%\] done clear
  B)
  \[20%\] done clear
  C)
  \[16\frac{2}{3}%\] done clear
  D)
  \[16\frac{1}{3}%\] done clear
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• question_answer27)
  Successive discounts of 10%, 20% will be equivalent to a single discount is
  A)
  36% done clear
  B)
  64% done clear
  C)
  80% done clear
  D)
  28% done clear
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• question_answer28)

  A retailer offers the following discount scheme for buyers on an article. I. Two successive discounts of 10%. II. A discount of 12% follows by a discount of 8%. III. Successive discounts of 15% and 5%. IV. A discount of 20%. The selling   price   will   be minimum under the scheme.

  A)
  I done clear
  B)
  II done clear
  C)
  III done clear
  D)
  IV done clear
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• question_answer29)
  By selling an article at \[\frac{3}{4}th\] of the ked price, there is a gain of 25% The ratio of the marked price and the cost price is
  A)
  5 : 3 done clear
  B)
  3 : 5 done clear
  C)
  3 : 4 done clear
  D)
  4 : 3 done clear
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• question_answer30)
  Nitin bought some oranges Rs. 40 a dozen and an equal number at Rs. 30 a dozen. He sold them at Rs. 45 a dozen and made a profit of Rs. 480. The number of dozen of oranges, he bought, was
  A)
  48 done clear
  B)
  60 done clear
  C)
  72 done clear
  D)
  87 done clear
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• question_answer31)
  The marked price of a shirt and trousers are in the ratio 1 : 2. The shopkeeper gives 40% discount on the shirt. If the total discount on both is 30%, the discount offered on the trousers is
  A)
  15%      done clear
  B)
  20% done clear
  C)
  25% done clear
  D)
  30% done clear
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• question_answer32)
  A person sells two machines at Rs. 396 each. On one he gains 10% and on the other he losses 10%. Its profit or loss in the whole transaction is
  A)
  no gain, no loss done clear
  B)
  1% loss done clear
  C)
  1% profit done clear
  D)
  8% profit done clear
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• question_answer33)
  Raj sold an item for Rs. 6384 and incurred a loss of 30%. At what price should he have sold the item to have gained a profit of 30%?
  A)
  Rs. 14656 done clear
  B)
         Rs. 11856 done clear
  C)
  Rs. 13544 done clear
  D)
         Cannot be determined done clear
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• question_answer34)
  Kamya purchased an item for Rs. 46000 and sold it at a loss of 12%. With that amount she purchased another item and sold it at a gain of 12%. What was her overall gain/loss?
  A)
  Loss of Rs. 662.40 done clear
  B)
  Profit of Rs. 662.40 done clear
  C)
  Loss of Rs. 642.80 done clear
  D)
  Profit of Rs. 642.80 done clear
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• question_answer35)
  Rehaan purchased a bike for Rs. 54000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?
  A)
  Loss, Rs. 657     done clear
  B)
  Profit, Rs. 567 done clear
  C)
  Loss, Rs. 648 done clear
  D)
  Profit, Rs. 648 done clear
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• question_answer36)
  Dipankar sold an item for Rs. 6150 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 25%?
  A)
  Rs. 8200 done clear
  B)
         Rs. 9850 done clear
  C)
  Rs. 1025 done clear
  D)
  Cannot be determined done clear
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• question_answer37)
  Raman bought an article at \[\frac{9}{10}\] of printed rate and sold at a price 8% more than printed rate. His gain percentage will be
  A)
  8 done clear
  B)
  10 done clear
  C)
  18 done clear
  D)
  20 done clear
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• question_answer38)
  Ravi bought some toffees at a rate of two toffees for a one rupee and sold them at a rate of five for a rupee. His loss percentage will be
  A)
  120 done clear
  B)
  90 done clear
  C)
  30 done clear
  D)
  60 done clear
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• question_answer39)
  Manohar sold an item for Rs. 8400 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 40%?
  A)
  Rs. 15680 done clear
  B)
  Rs. 16220 done clear
  C)
  Rs. 14540 done clear
  D)
  Cannot be determined done clear
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• question_answer40)
  Ram sold a cow to Raheem on a profit of 20% and Raheem sold it to Robert on a profit of 25%. If Robert paid Rs. 900 for cow, then what did the cost price of cow to Ram?
  A)
  Rs. 600 done clear
  B)
  Rs. 700 done clear
  C)
  Rs. 750 done clear
  D)
  Rs. 800 done clear
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• question_answer41)
  Maria earned a profit of 30% on selling an article for Rs. 6110. What was the cost price of article?
  A)
  Rs. 5725 done clear
  B)
  Rs. 4700 done clear
  C)
  Rs. 5250 done clear
  D)
  Rs. 4400 done clear
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• question_answer42)
  Among the goods purchased by a trader, two-fifth were sold at 20% loss and the remaining were sold at a profit. If on the whole 10% profit is made, what per cent of profit did the trader make on the remaining goods?
  A)
  15 done clear
  B)
  20 done clear
  C)
  30 done clear
  D)
  40 done clear
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• question_answer43)
  A merchant bought some goods worth Rs. 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods to make and overall profit of 18%?
  A)
  24 done clear
  B)
  28 done clear
  C)
  18 done clear
  D)
  20 done clear
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• question_answer44)
  A man sells two articles for Rs. 5000 each neither losing nor gaining in the deal. If he sold one of them at a gain of 25%, the other article is sold at a loss of
  A)
  \[15\frac{2}{3}%\] done clear
  B)
  \[16\frac{2}{3}%\] done clear
  C)
  \[17\frac{1}{3}%\] done clear
  D)
  \[18\frac{1}{3}%\] done clear
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• question_answer45)
  A bookseller sold a book at a profit of 10%. If it had been purchased at a cost 4% less and would be sold at a price Rs. 6 more, then there would be profit of \[18\frac{3}{4}%.\] The cost price of book is
  A)
  Rs. 130 done clear
  B)
  Rs. 140 done clear
  C)
  Rs. 150 done clear
  D)
  Rs. 160 done clear
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• question_answer46)
  If the selling price of an item is Rs. 750 and its cost price is \[\frac{4}{3}\] times of its selling price, then loss percentage is
  A)
  10 done clear
  B)
  15 done clear
  C)
  22 done clear
  D)
  25 done clear
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• question_answer47)
  The marked price of a TV is Rs. 16000. After two successive discounts, it is sold for Rs. 11400. If the first discount is 5%, then the rate of second discount is
  A)
  15% done clear
  B)
  20% done clear
  C)
  30% done clear
  D)
  25% done clear
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• question_answer48)
  A shopkeeper has announced 14% rebate on marked price of an article. If the selling price of the article is Rs. 645, then the marked price of the article will be
  A)
  Rs. 800 done clear
  B)
  Rs. 810 done clear
  C)
  Rs. 750 done clear
  D)
  Rs. 775 done clear
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• question_answer49)
  A shopkeeper sells notebooks at the rate of Rs. 457 each and earns a commission of 4%. He also sells pencil boxes at the rate of Rs. 80 each and earns a commission of 20%. How much amount of commission will he earn in two weeks, if he sells 10 notebooks and 6 pencil boxes a day?
  A)
  Rs. 3903.20 done clear
  B)
  Rs. 1586 done clear
  C)
  Rs. 1496 done clear
  D)
  Rs. 1596 done clear
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• question_answer50)
  The difference between a discount of 40% on Rs. 500 and two successive discounts of 36% and 4% on the same amount is
  A)
  Rs. 0     done clear
  B)
  Rs. 2 done clear
  C)
  Rs. 1.93 done clear
  D)
  Rs. 7.20 done clear
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• question_answer51)
  If the price of an item is increased by 30% and then allows two successive discounts of 10% and 10%. In last the price of an item is
  A)
  increased by 10% done clear
  B)
  increased by 5.3% done clear
  C)
  decreased by 3% done clear
  D)
  decreased by 5.3% done clear
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• question_answer52)
  The cost price of an article is 64% of the marked price. The gain percentage after allowing) discount of 12% on the marked price is
  A)
  37.5 done clear
  B)
  48 done clear
  C)
  50.5 done clear
  D)
  52 done clear
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