Must-Do Questions of Profit and Loss for SSC CGL Tier-II 2016

Q7. A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was
(a) Rs. 3,750
(b) Rs. 3,250
(c) Rs. 2,750
(d) Rs. 2,250

Q8. Vishal sold an article for Rs. 1,740 and made 15 percent profit on the discounted price he bought. If the discount was 20 percent, what was the original price?
(a) Rs. 1,900
(b) Rs. 1,600
(c) Rs. 2,400
(d) None of these

Q9. A shopkeeper sells a TV set on discount of 8% of printed price and gains 25%. If marked price was Rs. 20,000 then, what was the cost price?
(a) Rs. 13800
(b) Rs. 14720

(c) Rs. 14800

Q10. Sunita earns 15% on an investment but losses 10% on another investment. If the ratio of two investments is 3: 5, then the combined loss percent is-
(a) 11/4
(b) 4/5
(c) 13/5
(d) 5/8

Q11. The total cost price of two watches is Rs. 840. One is sold at a profit of 16% and the other at a loss of 12%. There is no loss or gain in the whole transaction. The cost price of the watch on which the shopkeeper gains, is-
(a) 360
(b) 370
(c) 380
(d) 390

Q12. A person bought two watches for Rs. 480. He sold one at a loss of 15% and the other at a profit of 19% and he found that each watch was sold at the same price. Find the cost price of the two watches.
(a) Loss Rs. 280, Rs. 200
(b) Loss Rs. 100, Rs. 380
(c) Loss Rs. 380, Rs. 200
(d) Loss Rs. 350, Rs. 450

Q13. 5% more is gained by selling a cow for Rs. 1010 than by selling it for Rs. 1000. Find the cost price of the cow.
(a) Rs. 200
(b) Rs. 150
(c) Rs. 125
(d) Can’t be determined

Q15. At the marked price of 36 pens a retail seller buys 40 pens. If he gives 1% discount, find his profit percent?
(a) 10.2%
(b) 10.5%
(c) 11.5%

(d) 10%






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