Quant Questions (Profit & Loss) for SSC CHSL and RRB NTPC

Q1. 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%. What was the second discount rate?
(a) 12%
(b) 14%
(c) 15%
(d) 18%

Q2. A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was:

(a) 5%
(b) 9%
(c) 16%
(d) 25%

Q3. The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is:
(a) decreased by 5.3%
(b) increased by 3%
(c) increased by 5.3%
(d) increased by 10%

Q4. By selling an article at 2/5 of the marked price, there, is a loss of 25%. The ratio of the marked price and the cost price of the article is:
(a) 2:5
(b) 5:2
(c) 8:15
(d) 15:8

Q5. A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of:
(a) 9%
(b) 10%
(c) 10.5%
(d) 11%

Q6. A trader marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. His total gain is:
(a) 2%
(b) 4.5%
(c) 13.55
(d) 15%

Q7. A shopkeeper sells a badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:
(a) Rs. 19.75
(b) Rs. 20
(c) Rs. 21
(d) Rs. 21.25

Q8. A shopkeeper sold sarees at Rs. 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?
(a) Rs. 240
(b) Rs. 260
(c) Rs. 280
(d) None of these

Q9. A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104?
(a) 8%
(b) 10%
(c) 12%
(d) 15%

Q10. List price of an article at a showroom is Rs. 2000 and it is being sold at successive discounts of 20% and 10%. Its net selling price will be:
(a) Rs. 1400
(b) Rs. 1440
(c) Rs. 1520
(d) Rs. 1700

Q11. The difference between a discount of 35% and two successive discounts of 20% on a certain bill was Rs. 22. Find the amount of the bill.
(a) Rs. 200
(b) Rs. 1100
(c) Rs. 2200
(d) Data inadequate

Q12. A cloth merchant sold half of his cloth at 20% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be:
(a) Neither loss nor gain
(b) 5% loss 
(c) 5% gain
(d) 10% gain

Q13. Ranjan purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table?
(a) Rs. 10.04
(b) Rs. 10.875
(c) Rs. 12.80
(d) Rs. 12.875

Q14. Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per saree?
(a) Rs. 7.40
(b) Rs. 7.60
(c) Rs. 7.80
(d) Rs. 8

Q15. A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:
(a) no profit, no loss
(b) 20% profit
(c) less than 20% profit
(d) more than 20% profit


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