# SSC > Profit and Loss

Explore popular questions from Profit and Loss for SSC. This collection covers Profit and Loss previous year SSC questions hand picked by experienced teachers.

General Intelligence and Reasoning
General Awareness
Quantitative Aptitude
English Comprehension
Q 1.

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Incorrect-0.5

A man buys a cycle for {tex} Rs. 1400 {/tex} and sells it at a loss of {tex} 15 \% . {/tex} What is the selling price of the cycle?

A

Rs. 1202

Rs. 1190

C

Rs. 1160

D

Rs. 1000

##### Explanation Q 2.

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On selling an article for {tex} Rs. 651 {/tex}, there is a loss of {tex} 7 \% {/tex}. The cost price of that article is

A

Rs. 744

B

Rs. 751

C

Rs. 793

Rs. 700

##### Explanation  Q 3.

Correct2

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A milkman bought 70 litres of milk for {tex} Rs. 630 {/tex} and added 5 litres of water. If he sells it at {tex} Rs. 9.00 {/tex} per litre, his profit percentage is

A

{tex} 8 \frac { 1 } { 5 } \% {/tex}

B

{tex} 7 \% {/tex}

C

{tex} 8 \frac { 2 } { 5 } \% {/tex}

{tex} 7 \frac { 1 } { 7 } \% {/tex}

##### Explanation Q 4.

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In terms of percentage profit, which is the best transaction? A

{tex} \mathrm I {/tex}

B

{tex} \mathrm { II } {/tex}

C

{tex} \mathrm { III } {/tex}

{tex} \mathrm { IV } {/tex}

##### Explanation Q 5.

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A man bought an old typewriter for {tex} Rs. 1200 {/tex} and spent {tex} Rs. 200 {/tex} on its repair. He sold it for {tex} Rs. 1680 {/tex}. His profit per cent is :

{tex} 20 \% {/tex}

B

{tex} 10 \% {/tex}

C

{tex} 8 \% {/tex}

D

{tex} 16 \% {/tex}

##### Explanation Q 6.

Correct2

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If the cost price is {tex} 95 \% {/tex} of the selling price, what is the profit percent?

A

{tex} 4 \% {/tex}

B

{tex} 4.75 \% {/tex}

C

{tex} 5 \% {/tex}

{tex} 5.26 \% {/tex}

##### Explanation  Q 7.

Correct2

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A merchant buys an article for {tex} Rs. 27 {/tex} and sells it at a profit of {tex} 10 \% {/tex} of the selling price. The selling price of the article is :

A

Rs. 29.70

Rs. 30

C

Rs. 37

D

Rs. 32

##### Explanation   Q 8.

Correct2

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If the cost price of an article is {tex} 80 \% {/tex} of its selling price, the profit per cent is :

A

{tex} 20 \% {/tex}

B

{tex} 22 \frac { 1 } { 2 } \% {/tex}

C

{tex} 24 \% {/tex}

{tex} 25 \% {/tex}

##### Explanation Q 9.

Correct2

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Krishnan bought a camera and paid {tex} 20 \% {/tex} less than its original price. He sold it at {tex} 40 \% {/tex} profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was

A

{tex} 22 \% {/tex}

B

{tex} 32 \% {/tex}

{tex} 12 \% {/tex}

D

{tex} 15 \% {/tex}

##### Explanation Q 10.

Correct2

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By what per cent must the cost price be raised in fixing the sale price in order that there may be a profit of {tex} 20 \% {/tex} after allowing a commission of {tex} 10 \% ? {/tex}

A

{tex} 25 \% {/tex}

B

{tex} 133 \frac { 1 } { 3 } \% {/tex}

{tex} 33 \frac { 1 } { 3 } \% {/tex}

D

{tex} 30 \% {/tex}

##### Explanation Q 11.

Correct2

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By selling an article, a man makes a profit of {tex} 25 \% {/tex} of its selling price. His profit per cent is

A

{tex} 20 \% {/tex}

B

{tex} 25 \% {/tex}

C

{tex} 16 \frac { 2 } { 3 } \% {/tex}

{tex} 33 \frac { 1 } { 3 } \% {/tex}

##### Explanation Q 12.

Correct2

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If there is a profit of {tex} 20 \% {/tex} on the cost price of an article, the percentage of profit calculated on its selling price will be

A

24

{tex} 16 \frac { 2 } { 3 } {/tex}

C

{tex} 8 \frac { 1 } { 3 } {/tex}

D

20

##### Explanation Q 13.

Correct2

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A man purchased a bedsheet for {tex} Rs. 450 {/tex} and sold it at a gain of {tex} 10 \% {/tex} calculated on the selling price. The selling price of the bedsheet was

A

Rs. 460

B

Rs. 475

C

Rs. 480

Rs. 500

##### Explanation  Q 14.

Correct2

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By selling an article for {tex} Rs. 960 \mathrm { } {/tex} a man incurs a loss of {tex} 4 \% ; {/tex} what was the cost price?

Rs. 1,000

B

Rs. 784

C

Rs. 498.4

D

Rs. 300

##### Explanation Q 15.

Correct2

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A salesman expects a gain of {tex} 13 \% {/tex} on his cost price. If in a month his sale was {tex} Rs. 7,91,000 , {/tex} what was his profit?

A

{tex} Rs. 85,659 {/tex}

B

{tex} Rs. 88,300 {/tex}

{tex} Rs. 91,000 {/tex}

D

{tex} Rs. 97,786 {/tex}

##### Explanation Q 16.

Correct2

Incorrect-0.5

By selling a car for {tex} Rs. 64,000 , \mathrm { } {/tex} Mr. Rao lost {tex} 20 \% . {/tex} Then the cost price of the car is :

A

{tex} Rs. 72,000 {/tex}

B

{tex}Rs. 76,800 {/tex}

{tex} Rs. 80,000 {/tex}

D

{tex} Rs. 84,000 {/tex}

##### Explanation Q 17.

Correct2

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A retailer buys a radio for {tex} Rs. 225 {/tex}. His overhead expenses are {tex} Rs. 15 {/tex}. He sells the radio for {tex} Rs. 300 {/tex}. The profit per cent of the retailer is :

{tex} 25 \% {/tex}

B

{tex} 26 \frac { 2 } { 3 } \% {/tex}

C

{tex} 20 \% {/tex}

D

{tex} 33 \frac { 1 } { 3 } \% {/tex}

##### Explanation Q 18.

Correct2

Incorrect-0.5

An item when sold for {tex} Rs. 1,690 {/tex} earned {tex} 30 \% {/tex} profit on the cost price. Then the cost price is

A

Rs. 507

B

Rs. 630

Rs. 1,300

D

Rs. 130

##### Explanation Q 19.

Correct2

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A fan is listed at {tex} Rs. 150 {/tex} and a discount of {tex} 20 \% {/tex} is given. Then the selling price is

A

Rs. 180

B

Rs. 150

Rs. 120

D

Rs. 110

##### Explanation Q 20.

Correct2

Incorrect-0.5

By selling 33 metres of cloth, a person gains the cost of {tex} {/tex}11 metres. Find his gain {tex} \% . {/tex}

{tex} 33 \frac { 1 } { 3 } \% {/tex}

B

{tex} 33 \frac { 1 } { 2 } \% {/tex}

C

{tex} 33 \% {/tex}

D

{tex} 34 \frac { 1 } { 3 } \% {/tex}

##### Explanation Q 21.

Correct2

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While selling to the retailer, a company allows {tex} 30 \% {/tex} discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be :

A

{tex} 30 \% {/tex}

B

{tex} 42 \frac { 1 } { 7 } \% {/tex}

C

{tex} 40 \% {/tex}

{tex} 42 \frac { 6 } { 7 } \% {/tex}

##### Explanation Q 22.

Correct2

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A merchant purchases a wrist watch for {tex} Rs. 450 {/tex} and fixes its list price in such a way that after allowing a discount of {tex} 10 \% , {/tex} he earns a profit of {tex} 20 \% . {/tex} Then the list price of the watch is

A

Rs. 650

B

Rs. 700

C

Rs. 550

Rs. 600

##### Explanation Q 23.

Correct2

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The cost price of a radio is {tex} Rs. 600 {/tex}. The {tex} 5 \% {/tex} of the cost price is charged towards transportation. After adding that, if the net profit to be made is {tex} 15 \% , {/tex} then the selling price of the radio must be

A

Rs. 704.50

Rs. 724.50

C

Rs. 664.50

D

Rs. 684.50

##### Explanation Q 24.

Correct2

Incorrect-0.5

If a shirt costs {tex} Rs. 64 {/tex} after {tex} 20 \% {/tex} discount is allowed, what was its original price in Rs.?

A

76.8

80

C

88

D

86.8

##### Explanation Q 25.

Correct2

Incorrect-0.5

The total cost of 8 buckets and 5 mugs is {tex} Rs. 92 {/tex} and the total cost of 5 buckets and 8 mugs is {tex} Rs. 77 {/tex}. Find the cost of 2 mugs and 3 buckets.

Rs. 35

B

Rs. 70

C

Rs. 30

D

Rs. 38

##### Explanation  