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 â€“ CP

P = 120 â€“ 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.**Â 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.Â **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.Â **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.**Â 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%