Profit and Loss Questions for SSC CGL Exam

Profit and Loss is one of the key topics in the quantitative aptitude section of the SSC CGL exam. In Tier 2, this topic usually has 1-2 questions, carrying a total of 3-6 marks out of 30 questions. These marks can make a big difference in your overall score. Candidates preparing for the exam should not ignore this topic. The concepts are simple and easy to understand, this topic can help you secure good marks if prepared properly. To help you in their preparation we are sharing Profit and Loss Questions for SSC CGL Exam in this Article.

Profit and Loss Questions for SSC CGL Exam

Profit and Loss is an important topic in the SSC CGL exam as it helps test your ability to calculate percentages and understand the relationship between cost price, marked price and selling price. To solve profit and loss question candidates must have good grasp over topics like percentage and Ratio.

Q1. A jewellery trader sells his piece of stone at a 10% discount on the marked price. How much should he set the marked price of the item to get a profit of 10%, when the cost price is Rs. 1800?
(a) Rs. 2275
(b) Rs. 2250
(c) Rs. 2175
(d) Rs. 2200

Q2. A trader suffers a loss of 4% after selling an item for Rs. 240. At what price should he sell his item to earn a profit of 10%?
(a) Rs. 275
(b) Rs. 280
(c) Rs. 300
(d) Rs. 400

Q3. A person sold two items for Rs. 5000 per item. He had no profit and no loss in the deal. If he sells one item with a profit of 25%, then at what percentage loss must he sell the other item?

Q4. A man buys a cycle for Rs. 2737 and sells it at a loss of 62.5%. Find the selling price of the cycle.
(a) Rs. 2133.675
(b) Rs. 811.311
(c) Rs. 903.315
(d) Rs. 1026.375

Q5. What is the single discount equivalent to three consecutive discounts of 10%, 12%, and 5%?
(a) 37%
(b) 24.76%
(c) 22.14%
(d) 32%

Q6. A person sells a table at a profit of 10%. If he had bought the table 5% less in cost and sold it for Rs. 80 more, he would have gained 20%. Find the cost price of the table.
(a) Rs. 3200
(b) Rs. 200
(c) Rs. 2500
(d) Rs. 2000

Q7. A fruit seller buys x guavas for Rs. Y and sells y guavas for Rs. x. If x>y then How much profit or loss does he make?

Q8. A clothes sewing machine is sold at a profit of 10%. Had it been sold for Rs. 80 less, there would have been a loss of 10%. The cost price of the sewing machine is:
(a) Rs. 350
(b) Rs. 450
(c) Rs. 400
(d) Rs. 520

Q9. If a seller makes a profit equal to the selling price of 4 notebooks on selling 12 notebooks, what is his percent profit?
(a) 25%
(b) 50%
(c) 16.5%
(d) None of these

Q10. An article is sold at a 16% profit. If it were sold Rs. 105 less, there would be a 12% loss. If this article is sold at Rs. 350, then find the profit or loss percentage.

Q11. While selling a shirt, a shopkeeper gives a discount of 7%. If he had given a discount of 9%, he would have got Rs 15 less as profit. The marked price of the shirt is:
(a) Rs 750
(b) Rs 720
(c) Rs 712.50
(d) Rs 600

Q12. The price of 2 sarees and 4 shirts is Rs 1600. With the same money one can buy 1 saree and 6 shirts. If one wants to buy 12 shirts, how much shall one have to pay?
(a) Rs 2,400
(b) Rs 4,800
(c) Rs 1,200
(d) Rs 13,500

Q13. An article is sold at a discount of 20% and an additional discount of 30% is allowed on cash payment. If Namrata purchased the article by paying Rs 2240 in cash, the marked price of the article was:
(a) Rs 4000
(b) Rs 4368
(c) Rs 4400
(d) Rs 4480

Q14. A dealer buys an article at a discount of 25% on its list price and marks it at 35% above the list price. If he allows a discount of 20% on the new list price, find his profit percent.
(a) 37%
(b) 44%
(c) 31%
(d) 52%

Q15. A person sold 36 articles for Rs. 3600 and incurred a loss of 20%. How many articles should he sell for Rs. 3200 to make a profit of 60%?
(a) 18
(b) 12
(c) 16
(d) 14

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