# Profit and Loss Questions Answers pdf for SSC CGL

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.

## Some Important Profit and Loss Questions

1. 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?

1. 6.25 % gain
2. 6.25% loss
3. No profit no loss
4. 4% loss
5. 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?

1. 9 % gain
2. 8 % gain
3. 8% loss
4. 9 % loss
5. 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?

1. Rs. 3750
2. Rs. 4000
3. Rs. 2250
4. Rs. 6,000
5. 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?

1. 10 %
2. 20%
3. 30%
4. 16.67%
5. 12.5%