Start learning →

SSC CGL Profit and Loss — practice questions — page 2

Explore 73 free Profit and Loss questions in SSC CGL Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

Practise Profit and Loss with Quill →

Profit and Loss questions and exercises with answers

Showing questions 31–60 of 73.

A chair sold for Rs 450 at a 10% loss. To gain 10% it must be sold atRead the answer and worked solution →A radio sold at Rs 1344 yields a 12% profit. What was its cost?Read the answer and worked solution →Gaining 10%, a vendor sells a fan for Rs 462. The cost price of the fan isRead the answer and worked solution →Eight mangoes cost Rs 120, and selling six mangoes fetches Rs 120. Gain percent?Read the answer and worked solution →A dealer buys at 25% off a Rs 800 list price and sells at the list price. Gain percent?Read the answer and worked solution →List price Rs 1000; a dealer gets 20% and 10% successive discounts and sells at Rs 900. Profit?Read the answer and worked solution →A man buys a bike for Rs 4000, spends Rs 500 on repairs and sells it for Rs 5400. Profit percent?Read the answer and worked solution →A desk costs Rs 2400 and Rs 100 goes on carriage. Sold at Rs 2750, the profit percent isRead the answer and worked solution →Selling for Rs 60 more would raise a 5% profit to 15%. The cost price isRead the answer and worked solution →The loss on selling at Rs 132 equals the profit on selling at Rs 168. True cost price isRead the answer and worked solution →Using Cost x (1 + Markup) = Sale price, the sale price for cost Rs 200 and markup 35% isRead the answer and worked solution →In trade, the abbreviation CP stands forRead the answer and worked solution →Profit percentage, unlike margin, takes which quantity as its base?Read the answer and worked solution →An item costing Rs 40 is sold for Rs 100. The profit percentage on cost isRead the answer and worked solution →A firm earns Rs 200 revenue against Rs 150 cost. Its margin on revenue isRead the answer and worked solution →A good costing Rs 150 retails at Rs 200. The percentage markup over cost isRead the answer and worked solution →Why do suppliers give trade discounts to retailers?Read the answer and worked solution →Marked at Rs 900 with 15% off, the sale price isRead the answer and worked solution →A Rs 1500 jacket carries a 12% discount. The amount payable isRead the answer and worked solution →After 10% off, a shirt costs Rs 585. Its marked price wasRead the answer and worked solution →A 20% discount brings a gadget down to Rs 960. Its marked price isRead the answer and worked solution →Two discounts of 10% each are given one after another on Rs 2000. Final price?Read the answer and worked solution →On a Rs 1500 item, discounts of 20% then 5% are given. The net price isRead the answer and worked solution →A shopkeeper allows 10% off and still gains 8%. His marked price is what percent above cost?Read the answer and worked solution →To give a 20% discount yet earn 4% profit, a trader should mark up his goods byRead the answer and worked solution →A trader marks goods 50% above cost, then gives 20% off. His gain isRead the answer and worked solution →To earn 20% after a 25% discount, a seller must mark goods above cost byRead the answer and worked solution →A profit of 40% on an article equals Rs 280. Its cost price isRead the answer and worked solution →A loss of 15% amounts to Rs 135. The cost price wasRead the answer and worked solution →A gain of Rs 100 on a cost of Rs 800 is what profit percent?Read the answer and worked solution →

Worked practice questions

A chair sold for Rs 450 at a 10% loss. To gain 10% it must be sold at

  1. Rs 495
  2. Rs 520
  3. Rs 500
  4. Rs 550
Show answer and solution

Correct answer: D. Rs 550

Cost = 450/0.9 = 500, so a 10 percent gain needs a price of Rs 550.

Open this question →

A radio sold at Rs 1344 yields a 12% profit. What was its cost?

  1. Rs 1180
  2. Rs 1200
  3. Rs 1250
  4. Rs 1150
Show answer and solution

Correct answer: B. Rs 1200

1344 is 112 percent of cost, so cost = 1344/1.12 = Rs 1200.

Open this question →

Gaining 10%, a vendor sells a fan for Rs 462. The cost price of the fan is

  1. Rs 440
  2. Rs 430
  3. Rs 420
  4. Rs 410
Show answer and solution

Correct answer: C. Rs 420

462 equals 110 percent of cost, giving cost = Rs 420.

Open this question →

How to practise

  1. Choose a Profit and Loss question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

Put it into practice

Continue with Profit and Loss practice for SSC CGL. Read explanations as you go. No signup form needed to start.

Practise Profit and Loss →

More Quantitative Aptitude topics

Triangle CenterWhole Numbers, Decimals, Fractions and Relationships Between NumbersPercentageTime and WorkSurface Areas and VolumesRatio and ProportionTime, Speed and DistanceSquare Roots