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SSC CGL level Question Set 34, Profit and loss 3

Profit and loss SSC CGL questions Set 34

Profit and loss questions for SSC CGL Set 34 with answers

Solve Profit and loss SSC CGL questions Set 34 in 12 mins which is not easy. Verify from answers given. And know how to solve quickly from paired solutions.

Answers to the questions and link to the paired solution set are at the end.


10 Profit and loss SSC CGL questions Set 34 - Answering time 12 mins

Problem 1.

A trader bought a few pens at the rate of 5 per Rs.100 and a second time bought the same number of pens at the rate of 4 per Rs.100. He mixed both the lots and then sold the pens at the rate of 9 per Rs.200. In this business he suffered a loss of Rs.300. The total number of pens he bought was,

  1. 540
  2. 545
  3. 1080
  4. 1090

Problem 2.

A shopkeeper bought 15 kg of rice at the rate of Rs.29/kg and 25kg of rice at the rate of Rs.20/kg. He sold the mixture of both types of rice at the rate of Rs.27/kg. His profit (in Rs) was,

  1. Rs.145
  2. Rs.125
  3. Rs.150
  4. Rs.140

Problem 3.

A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received remaining Rs.5000. How much did A receive?

  1. Rs.5000
  2. Rs.3000
  3. Rs.1000
  4. Rs.4000

Problem 4.

A shopkeeper gains 30% while buying the goods and 20% while selling them. Find his total gain percent.

  1. 50%
  2. 40%
  3. 56%
  4. 36%

Problem 5.

A trader marked the price of a commodity so as to include a profit of 25%, but allowed a discount of 16% on the marked price. In this case his actual profit will be,

  1. 16%
  2. 25%
  3. 9%
  4. 5%

Problem 6.

If a person sells an article for Rs.720 he would lose 25%. To gain 25% he would have to sell it for,

  1. Rs.1200
  2. Rs.1000
  3. Rs.900
  4. Rs.960

Problem 7.

Ganesh purchased 200 pens at the rate of Rs.12 per piece. He sold 100 pens at a gain of 10%. The percentage gain at which he must sell the remaining pens so as to gain 15% on the whole lot is,

  1. $17$%
  2. $21\frac{1}{2}$%
  3. $20$%
  4. $17\frac{1}{2}$%

Problem 8.

By selling 4 articles for Rs.1000 a man loses 4%. Had he sold 3 articles for Rs.1000, his profit would have been,

  1. 28%
  2. 12%
  3. 30%
  4. 16%

Problem 9.

A retailer purchased articles at the rate of Rs.400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each article. His profit is then,

  1. 19%
  2. 78.4%
  3. 19.6%
  4. 22%

Problem 10.

Arun bought a microwave oven at a discount of $16\frac{2}{3}$%. Had he bought the oven at a discount of 25% he would have saved Rs.600. At what price did he buy the oven?

  1. Rs.7200
  2. Rs.6000
  3. Rs.5000
  4. Rs.7500

Learn how to solve the questions in 12 minutes' scheduled time from the paired solution set,

SSC CGL level Solution Set 34 on Profit and loss.


Answers to the Profit and loss SSC CGL questions set 34

Problem 1. Answer: Option c: 1080.

Problem 2. Answer: Option a : Rs.145.

Problem 3. Answer: Option d: Rs.4000.

Problem 4. Answer: Option c: 56%.

Problem 5. Answer: Option d: 5%.

Problem 6. Answer: Option a : Rs.1200.

Problem 7. Answer: Option c: 20%.

Problem 8. Answer: Option a: gain of 28%.

Problem 9. Answer: Option c: 19.6%.

Problem 10. Answer: Option b: Rs.6000.


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