There are **1-2 Profit and Loss Questions** will be asked in **SSC CGL Tier 1**. Below are the frequently asked questions in **SSC CGL Tier 1 Exam**.

- 1 ½ %
- 2 ½ %
- 3 ½ %
- 4 ½ %

**Answer: B**

**2. A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is**

- 15 %
- 20 %
- 25 %
- 30 %

**Answer: B**

**3. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.**

- Rs.1200
- Rs.1260
- Rs.1300
- Rs.1330

**Answer: B**

**4. If the cost price is 25% of selling price. Then what is the profit percent.**

- 150%
- 200%
- 300%
- 350%

**Answer: C**

**5. A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.**

- 15 %
- 20 %
- 21 %
- 23 %

**Answer: C**

**6. A book was sold for Rs.27.50 with a profit of 10%. If it were sold for Rs.25.75, then would have been percentage of profit and loss?**

- 2 % profit
- 3 % profit
- 2 % loss
- 3 % loss

**Answer: B**

**7. A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was**

- Rs.100
- Rs.150
- Rs.200
- Rs.250

**Answer: C**

**8. A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent.**

- 10%
- 20%
- 30%
- 40%

**Answer: B**

**9. A plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 15%.**

- Rs.25300
- Rs.22300
- Rs.24300
- Rs.23300

**Answer: A**

**10. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25% then determine the value of x.**

- 12
- 14
- 16
- 18

**Answer: C**

**11. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit**

- 60 %
- 70 %
- 80 %
- 90 %

**Answer: B**

**12. Bananas are bought at the rate of 6 for Rs. 5 and sold at the rate of 5 for Rs. 6. Profit per cent is:**

- 40 %
- 44 %
- 48 %
- 50 %

**Answer: B**

**13. A man bought oranges at the rate of 8 for Rs.34 and sold them at the rate of 12 for Rs.27. How many oranges should be sold to earn a net profit of Rs.45?**

- 40
- 80
- 90
- 100

**Answer: C**

**14. A dealer sold two types of goods for Rs.10,000 each. On one of them, he lost 20% and on the other he gained 20%. His gain or loss per cent in the entire transaction was**

- 2 % loss
- 4 % loss
- 2 % profit
- 4 % profit

**Answer: B**

**15. On selling an article for Rs170, a shopkeeper loses 15%. In order to gain 20%, he must sell that article at rupees:**

- 200
- 210
- 220
- 240

**Answer: D**

**16. A sells a suitcase to 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**

- 1000
- 2000
- 3000
- 4000

**Answer: B**

**17. A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs. 100, there would have been a gain of 5%. The cost price of the article was:**

- Rs.200
- Rs.300
- Rs.400
- Rs.500

**Answer: C**

**18. An item costing Rs. 840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%. Find selling price of the item is:**

- Rs. 877.80
- Rs. 798
- Rs. 924
- Rs. 37.80

**Answer: A**

**19. A vendor sells lemons at the rate of 5 for Rs. 14. Gaining there by 40%. For how much did he buy a dozen lemons?**

- Rs. 20
- Rs. 21
- Rs. 24
- Rs. 28

**Answer: C**

**20. A person buys 100 cups at Rs. 10 each. On the way 20 cups are broken. He sells the remaining cups at Rs. 11 each. His loss percent is.**

- 15
- 10
- 5
- 12

**Answer: D**