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__PROFIT AND LOSS QUESTIONS WITH SOLUTIONS FOR SSC CGL, SSC CHSL, BANK PO, BANK CLERK, CDS, NDA, LIC,
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**Important Questions on Profit and Loss with Solutions-**

##### 1. A shopkeeper offers a discount of 10% on his articles. The marked price of the article is Rs. 450. The selling price should be?

A. Rs. 405

B. Rs. 400

C. Rs. 395

D. Rs. 410

##### 2. How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 25% on the marked price, he gains 20%?

A. 60%

B. 55%

C. 70%

D. 50%

##### 3. A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is

A. $MF#%\text{71} \frac{11}{17}\% $MF#%

B. $MF#%\text{11} \frac{11}{17}\% $MF#%

C. $MF#%\text{17} \frac{12}{17}\% $MF#%

D. $MF#%\text{17} \frac{11}{17}\% $MF#%

##### 4. A retailer purchased radiosets 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 set. His profit will be:

A. 19%

B. 78.4%

C. 22%

D. 19.6%

##### 5. An article is sold at 10% loss. If the selling price is Rs. 40 more, there will be a gain of 15%. The cost price of the article is:

A. Rs. 140

B. Rs. 120

C. Rs. 175

D. Rs. 160

##### 6. The marked price of a table is Rs. 800. A retailer bought it after two successive discounts of 10% and 15%. He spent Rs. 13 on transportation and sold it for Rs. 875. His profit was:

A. 40%

B. 37%

C. 28%

D. 25%

##### 7. A person sells 320 mangoes at the cost price of 400 mangoes. What is his profit percent?

A. 10%

B. 15%

C. 20%

D. 25%

##### 8. By selling 33 metres of cloth, a person gains the cost of 11 metres. Find his gain%:

A. $MF#%\text{33} \dfrac{1}{3}\% $MF#%

B. $MF#%\text{33} \dfrac{1}{2}\% $MF#%

C. $MF#%\text{33}\% $MF#%

D. $MF#%\text{34} \dfrac{1}{3}\% $MF#%

##### 9. A shopkeeper earns a profit of 15% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price is:

A. 18 : 23

B. 16 : 21

C. 18 : 21

D. 17 : 23

##### 10. If a selling price of Rs. 24 results in 20% discount on the list price of an article, the selling price that would result in 30% discount on the list price is:

A. Rs. 17

B. Rs. 23

C. Rs. 18

D. Rs. 21

##### 11. If the cost price of 15 books is equal to the selling price of 20 books, the loss percent is:

A. 16

B. 20

C. 24

D. 25

##### 12. Successive discounts of 10%, 20% and 30% is equivalent to a single discount of:

A. 60%

B. 49.6%

C. 40.5%

D. 36%

##### 13. A merchant purchase a wrist watch for Rs 1200 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. The list price of the watch is:

A. Rs 1600

B. Rs 1200

C. Rs 1400

D. Rs 1800

##### 14. A man sells an article at 5% above the cost price. If he had bought it at 5% less than what he paid for it and sold it for Rs 2 less, he would have gained 10%. The cost price of the article is:

A. Rs 250

B. Rs 400

C. Rs 350

D. Rs 200

##### 15. Loss of 20% on selling price is equal to x% loss in cost price. What is x?

A. 20%

B. 20

C. $MF#% 16 \dfrac{2}{3} \text{%} $MF#%

D. 16

##### 16. The marked price of a watch was Rs 720. A man bought the same for Rs 550.80 after getting two successive discounts, the first being 10%. The second discount rate is:

A. 12%

B. 14%

C. 15%

D. 18%

##### 17. A man purchased an article for Rs 1500 and sold it at 25% above the cost price. If he has to pay Rs 75 as tax on it, his net profit percentage will be:

A. 25%

B. 30%

C. 15%

D. 20%

##### 18. A fruit seller buys 240 apples for Rs 600. Some of these apples are bad and are thrown away. He sells the remaining apples at Rs 3.50 each and makes a profit of Rs 198. The percentage of apples thrown away are:

A. 8%

B. 7%

C. 6%

D. 5%

##### 19. A fruit seller buys some oranges at the rate of 4 for Rs 10 and an equal number more at 5 for Rs 10. He sells the whole lot at 9 for Rs 20. What is his loss or gain percent?

A. Loss percent $MF#% 1 \dfrac{19}{81} \text{%} $MF#%

B. Gain percent $MF#% 1 \dfrac{19}{81} \text{%} $MF#%

C. No loss or no profit

D. Loss percent 2%