Profit, Loss & Discount - 2 - Free MCQ Practice Test with solutions, SSC
MCQ Practice Test & Solutions: MCQ: Profit, Loss & Discount - 2 (15 Questions)
You can prepare effectively for SSC CGL Quantitative Aptitude for SSC CGL with this dedicated MCQ Practice Test (available with solutions) on the important topic of "MCQ: Profit, Loss & Discount - 2". These 15 questions have been designed by the experts with the latest curriculum of SSC CGL 2026, to help you master the concept.
Test Highlights:
- - Format: Multiple Choice Questions (MCQ)
- - Duration: 15 minutes
- - Number of Questions: 15
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A shopkeeper sold an article for Rs. 20,400 and incurred a loss of 15%. At what price should he sell it so that he suffers only 5% loss?
Detailed Solution: Question 1
A shopkeeper bought 100 chocolates for Rs. 1200. If he sold all the chocolates for Rs. 15 each, what is his overall profit/loss percentage?
Detailed Solution: Question 2
A shopkeeper sold 5 mugs for a total of Rs. 1750 and incurred a loss of 30%. If he wanted to make a profit of 30%, what should have been the selling price of each mug?
Detailed Solution: Question 3
A fruit seller bought 120 oranges for Rs. 5 each. 40 of them were rotten. He sold the remaining oranges for Rs . 15 per 2 oranges, what is his overall profit/loss percentage?
Detailed Solution: Question 4
A shopkeeper bought 500 kg of sugar for Rs. 20,000. 20% of the sugar got misplaced while transporting it. At what price should he sell the rest of the sugar to earn an overall profit of 20%?
Detailed Solution: Question 5
Mayank sold an article at a profit of 20%. Had he sold it for 20% more, he would have earned Rs. 1200 extra. At what price did he buy the article?
Detailed Solution: Question 6
Sheetal sold an article costing Rs. 4000 at a certain profit. Had she sold it for Rs. 6000, her new profit would be 400% of the original profit. At what price did she sell the article?
Detailed Solution: Question 7
When a shopkeeper sold an item for Rs. 4200, he incurred a loss of 30%. Had he sold it for Rs. 5000, what would be his profit/loss percentage?
Detailed Solution: Question 8
A wheat merchant makes a profit of 25% by selling wheat at Rs. 1,500 per quintal. If he sells the wheat at Rs. 1,230 per quintal, what will be his profit percent?
Detailed Solution: Question 9
The profit on an item is Rs. 56 and the selling price is 15 times the profit. What is the profit percentage?
Detailed Solution: Question 10
A shopkeeper bought 360 eggs for Rs. 1800. If he sold all the eggs for Rs. 6 each, what is his overall profit/loss percentage?
Detailed Solution: Question 11
A bought 40 glasses and 10 glasses broke while transporting. He wants to sell the remaining glasses so that he neither suffers any loss nor earns any profit. The cost price per glass should be how much percent less than the selling price?
Detailed Solution: Question 12
A TV is sold for Rs. 24,000. Sales tax accounts for one-sixth of this and the profit is one-fourth of the remainder. Find the cost price of the TV.
Detailed Solution: Question 13
The cost price of a shirt and a pair of trousers is Rs. 10,750. If the shirt costs 15% more than the trousers, find the cost price of the shirt.
Detailed Solution: Question 14
Aditi bought 100 pens for Rs. 8 each. She sold 80% of them for Rs. 15 each and donated the rest of them. What is her actual profit/loss percentage?
Detailed Solution: Question 15
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