Profit And Loss Questions For SSC CGL 2017

Dear Readers, Here We are providing a quant Quiz of 15 Profit and Loss question in accordance with the syllabus of SSC CGL. Most of these Questions are Previous Year asked in SSC CGL. It will give you implicit idea of Math Question Paper of SSC CGL 2017.

Q1. If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit percent is 
(a) 5
(b) 10
(c) 20
(d) 25

Q2. Bhuvnesh sells two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is
(a) 1% gain
(b) 1% loss
(c) No loss or gain
(d) 2% loss

Q3. By selling a basket for Rs. 19.50, a shopkeeper gains 30%. For how much should he sell it to gain 40%?
(a) Rs. 21
(b) Rs. 21.50
(c) Rs. 24
(d) Rs. 23

Q4. On selling an article for Rs. 170, a shopkeeper losses 15%, In order to gain 20%. he must sell that article at rupees:
(a) 215.50
(b) 212.50
(c) 240
(d) 210

Q5. By selling a table for Rs. 1140, a man loses 5%. In order to gain 5%, the table must be sold for
(a) Rs. 1260
(b) Rs. 1320
(c) Rs. 1180
(d) Rs. 1250

Q6. 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) 17(12/17)%
(b) 17(11/17)%
(c) 71(11/17)%
(d) 11(11/17)%

Q7. A shopkeeper bought 15kg of rice at the rate of Rs. 29 per kg and 25 kg of rice at the rate of Rs. 20 per kg. He sold the mixture of both types of rice at the rate of Rs. 27 per kg. His profit in this transaction is
(a) Rs. 125
(b) Rs. 150
(c) Rs. 140
(d) Rs. 145

Q8. A sells an article to B making a profit of 1/5 of his outlay. B sells it to C, gaining 20%. If C sells it for Rs. 600 and incurs a loss of 1/6 of his outlay, the cost price of A is 
(a) Rs. 600
(b) Rs. 500
(c) Rs. 720
(d) Rs. 800

Q9. Ramesh bought 10 cycles for Rs. 500 each. He sold five of them for Rs. 750 each and the remaining for Rs. 550 each. Then the total gain or loss percentage is
(a) Gain of 8(1/3)%
(b) Loss of 30%
(c) Gain of 30%
(d) Loss of 7(1/7)%

Q10. A retailer buys a radio for Rs. 225. His overhead expenses are Rs. 15. He sells the radio for Rs. 300. The profit percent of the retailer is:
(a) 25
(b) 26(2/3)
(c) 20
(d) 33(1/3)

Q11. A man purchased 150 pens at the rate of Rs. 12 per pen. He sold 50 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 outlay is
(a) 21.5%
(b) 20%
(c) 17%
(d) 17.5%

Q12. A vendor purchased 40 dozen bananas for Rs. 250. Out of these 30 bananas were rotten and could not be sold. At what rate per dozen should he sell the remaining bananas to make a profit a of 20%?
(a) Rs. 12
(b) Rs. 10
(c) Rs. 8
(d) Rs. 6

Q13. Pawan kaul earns 15 percent on an investment but loses 10 percent on another investment. If the ratio of two investments is 3 : 5, then the combined loss percent is
(a) 5/4
(b) 4/5
(c) 8/5
(d) -5/8

Q14. A merchant has 1000 kg sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 8% profit is:
(a) 600 kg
(b) 640 kg
(c) 400 kg
(d) 560 kg

Q15. A trader sells two bullocks for Rs. 8,400 each, neither losing nor gaining in total. If he sold one of the bullocks at a gain of 20%, the other is sold at a loss of
(a) 20%
(b) 18(2/9)%
(c) 14(2/7)%
(d) 21%

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