alleryA fruit seller sells for Rs 1840 at an 8% loss. The cost price was
- Rs 1900
- Rs 2100
- Rs 2000
- Rs 2050
Show answer and solution
Correct answer: C. Rs 2000
1840 is 92 percent of cost, so cost = 1840/0.92 = Rs 2000.
SSC CGL Profit and Loss — practice questions — page 3
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.
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Showing questions 61–73 of 73.
A fruit seller sells for Rs 1840 at an 8% loss. The cost price wasRead the answer and worked solution →Rice 40 kg at Rs 30/kg is mixed with 20 kg at Rs 36/kg; the mix sells at Rs 36/kg. Profit?Read the answer and worked solution →A cycle costs Rs 2000 plus Rs 400 in repairs and sells at Rs 2640. Profit percent?Read the answer and worked solution →A sells to B at 20% profit; B sells to C at 25% profit for Rs 1500. A's cost price?Read the answer and worked solution →X sells to Y at a 10% loss; Y sells to Z for Rs 1080 at a 20% gain. X's cost price?Read the answer and worked solution →What loss percent occurs if the selling price is 7/8 of the cost price?Read the answer and worked solution →An article sold at 20% profit would earn 30% if sold for Rs 40 more. Its cost price isRead the answer and worked solution →Profit at Rs 2200 equals the loss at Rs 1800. The selling price for 25% profit isRead the answer and worked solution →40 shirts bought at Rs 250 each; 30 sold at Rs 320, the rest at Rs 200. Profit percent?Read the answer and worked solution →A price cut of 20% must be followed by what rise to restore the original price?Read the answer and worked solution →Goods bought at 10% below list price are sold at list price. Profit percent?Read the answer and worked solution →The discount is one fifth of the marked price of Rs 750. The selling price isRead the answer and worked solution →A 25% discount gives a price of Rs 1800. The price with only a 10% discount would beRead the answer and worked solution →
Worked practice questions
Rice 40 kg at Rs 30/kg is mixed with 20 kg at Rs 36/kg; the mix sells at Rs 36/kg. Profit?
- 12.5%
- 15%
- 10%
- 20%
Show answer and solution
Correct answer: A. 12.5%
Cost is 1200 + 720 = 1920 for 60 kg, i.e. Rs 32/kg; selling at 36 gives 4/32 = 12.5 percent.
A cycle costs Rs 2000 plus Rs 400 in repairs and sells at Rs 2640. Profit percent?
- 12%
- 8%
- 15%
- 10%
Show answer and solution
Correct answer: D. 10%
Total cost is 2400 and profit is 240, which is 10 percent.
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