 # SSC CGL Profit and Loss Questions 5 Steps - 3 Clicks

# SSC CGL Profit and Loss Questions

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.

### Questions

1. A material is purchased for Rs.600. If one fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage

1. 1 ½ %
2. 2 ½ %
3. 3 ½ %
4. 4 ½ %

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

1. 15 %
2. 20 %
3. 25 %
4. 30 %

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.

1. Rs.1200
2. Rs.1260
3. Rs.1300
4. Rs.1330

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

1. 150%
2. 200%
3. 300%
4. 350%

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

1. 15 %
2. 20 %
3. 21 %
4. 23 %

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?

1. 2 % profit
2. 3 % profit
3. 2 % loss
4. 3 % loss

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

1. Rs.100
2. Rs.150
3. Rs.200
4. Rs.250

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

1. 10%
2. 20%
3. 30%
4. 40%

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%.

1. Rs.25300
2. Rs.22300
3. Rs.24300
4. Rs.23300

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.

1. 12
2. 14
3. 16
4. 18

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

1. 60 %
2. 70 %
3. 80 %
4. 90 %

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:

1. 40 %
2. 44 %
3. 48 %
4. 50 %

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?

1. 40
2. 80
3. 90
4. 100

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

1. 2 % loss
2. 4 % loss
3. 2 % profit
4. 4 % profit

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

1. 200
2. 210
3. 220
4. 240

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

1. 1000
2. 2000
3. 3000
4. 4000

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:

1. Rs.200
2. Rs.300
3. Rs.400
4. Rs.500

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:

1. Rs. 877.80
2. Rs. 798
3. Rs. 924
4. Rs. 37.80

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?

1. Rs. 20
2. Rs. 21
3. Rs. 24
4. Rs. 28