Test: Profit and Loss- 5 - SSC CGL MCQ

A, B and C invests rupees 2000, 8000 and 10000 respectively in a business. At the end of the year the balance sheet shows a loss of 40% of the initial investment. Find the share of loss of B.

A shopkeeper buys 60 cycles and marks them at 20% above the cost price. He allows a discount of 10% on the marked price for cash sale and 5% discount for credit sales. If three-fourth of the cycles are sold at cash and remaining for credit, the total profit be Rs. 11400. What is the cost price of a cycle?

A sold his bike to B at a loss of 20%. B spent rupees 1500 on its repair and sold the bike to C for 42000, thereby making a profit of 5%. Find the cost of bike for A?

A wholesaler sells 30 pens at the marked price of 20 pens to the retailer. The retailer in turns sells them at the marked price. Determine the loss or gain percent?

A defective chair costing rupees 2000 is being sold at 10% loss. If the price is further reduced by 8 percent. Find its approximate selling price?

A person saves 20 percent of his income. If the income of that person increased by 16 percent and he decided to save 25 percent, then find the percent increase in his saving as compared to previous one.

The percent profit when an article is sold for rupees 400 is twice than when the same article is sold for 250. The cost price of the article is-

By selling 55 meters of cloth a merchant gains the cost price of 11 meters. Find his gain percent?

A trader buys 1260 kg of wheat. One-fourth of which he sells at a gain of 5 percent, one-third at a gain of 8 percent and the remaining at a gain of 12 percent. If he had sold the whole lot at a gain of 10 percent, he would have gained Rs 40.95 more. Find the cost price per kg?

If a trader estimates his loss as 10% of the selling price, what is his real loss percent?

What will be percentage profit after selling an article at a certain price if there is a loss of 30% when the article is sold at 1/3 of the previous selling price?

A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on the whole he makes neither profit nor loss. What did the second table cost him

A farmer sold a goat and a cow for rupees 800 and got a profit of 20% on goat and 25% on cow. If he sells the goat and the cow for rupees 820, he gets a profit of 25% on goat and 20% on cow. Find the cost price of cow?

A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, and then find the profit incurred by the shopkeeper.

A milkman buys some milk. If he sells it at rupees 10 a litre, he losses 800 rupees but when he sells it at 12 a litre, he gains 600 rupees. How much milk did he purchase ?

If a discount of 10 percent is given on the marked price of the article then the seller gains 20 percent profit. Find the percent profit if the article is sold at 20 percent discount.

A t what price must a trader sell the mixture of 60 kg sugar at Rs 7 per kg with 120 kg at Rs 8 per kg to gain 20%?