Dear Aspirants, In this article we are sharing a Profit and Loss Questions Answers pdf for SSC CGL. This pdf is very important for the SSC exam and many other competitive exams.
Profit and loss is a very important topic for any competitive exam. If you’ll prepare well you will get good marks in your competitive exam.
Profit and Loss Questions Answers pdf download link given at the end of the post.
Some Important Profit and Loss Questions
- 1: Suppose a shopkeeper has bought 1 kg of apples for 100 rs. And sold it for Rs. 120 per kg. How much is the profit gained by him?
Solution:
Cost Price for apples is 100 rs.
Selling Price for apples is 120 rs.
Then profit gained by shopkeeper is ; P = SP – CP
P = 120 – 100 = Rs. 20/-
Q.2: For the above example calculate the percentage of the profit gained by the shopkeeper.
Solution:
We know, Profit percentage = (Profit /Cost Price) x 100
Therefore, Profit percentage = (20/100) x 100 = 20%.
Q.3. A real estate agent sells two sites for Rs. 18000 each. On one he gains 25% and on the other he loses 25 %. What is his loss or gain percent?
- 6.25 % gain
- 6.25% loss
- No profit no loss
- 4% loss
- 4% profit
Q.4. If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?
- 9 % gain
- 8 % gain
- 8% loss
- 9 % loss
- 5% loss
Q.5. By selling an article for Rs 600 more, Karthik would have made 5% profit on his sale instead of a 11% loss. What was his cost price?
- Rs. 3750
- Rs. 4000
- Rs. 2250
- Rs. 6,000
- Rs. 4750
Q.6. I make a profit of 20% by selling an article. What would be the profit percent if it were calculated on the selling price instead of the cost price?
- 10 %
- 20%
- 30%
- 16.67%
- 12.5%