## Profit and loss SSC CGL Questions with answers set 29

Solve 10 profit and loss SSC CGL questions Set 29 in 12 minutes. Verify your solutions from the answers. Learn to solve quickly from solutions.

Answers and the link to the solutions are at the end.

### 10 Profit and loss SSC CGL Questions Set 29 - Answering time 12 mins

**Problem 1.**

A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. Ultimately, the shopkeeper sells it to a customer at a price of Rs. 56100, suffering a loss of 15%. The cost price of the article for the manufacturer is then,

- Rs. 10000
- Rs. 25000
- Rs. 50000
- Rs. 55000

**Problem 2.**

The ratio in which a variety of Darjeeling tea at Rs. 32/kg is mixed with a variety of Assam tea costing Rs. 25/kg to get a gain of 20% by selling the blended tea at Rs. 32.40/kg is,

- 4 : 3
- 2 : 5
- 3 : 4
- 5 : 2

**Problem 3.**

As a marketing campaign a company decides to offer an extra amount of 20% of a toothpaste free without any change in price. If per gm total cost of the toothpaste to the company is same and original profit were 80% on this particular product, what would be the new profit after the free offer?

- 40%
- 50%
- 60%
- 70%

**Problem 4. **

A man sells 320 mangoes at the cost price of 600 oranges when prices of mango to orange are in the ratio of 3 : 2. What is his gain percent?

- 10%
- 15%
- 20%
- 25%

**Problem 5.**

Ramu started business with a capital of Rs. 100000. Bishu joined the business one year later with a capital contribution of Rs. 200000. At the end of three years from the start of the business, the profit earned was Rs. 84000. The share of Bishu in the profit exceeded that of Ramu by,

- Rs. 15000
- Rs. 14000
- Rs. 12000
- Rs. 10000

**Problem 6.**

An article was sold at a profit of 4%, but due to general price rise, the cost of the article to the company rose by 30%. As a temporary measure, to watch the market trend, the company decided not to increase the price of the article for three months. What percent of loss the company would suffer on the article during this three month period?

- 40%
- 20%
- 50%
- 20%

**Problem 7.**

Due to market pressure a tradesman first discounted an article by 5% on its marked price and then again decided to offer a further discount of 4%. The selling price as a percent of original marked price after two discounts is finally,

- 93.2%
- 92.8%
- 91.2%
- 91.8%

**Problem 8.**

A dealer buys an article marked at Rs. 25000 on two successive discounts of first 20% and then 5%. He spends Rs. 1000 for its repair and then sells it for Rs. 25000. What is his gain or loss percent?

- loss of 25%
- gain of 25%
- loss of 10%
- gain of 10%

**Problem 9.**

To attract more visitors zoo authority announces a 20% discount on every ticket which costs Rs. 5. Due to this discount the sale of this ticket increases by 28%. The percentage increase in number of visitors due to the discount is then,

- 50%
- 40%
- 60%
- no change

**Problem 10.**

During annual sale in July, a shopkeeper offers his goods at a discount of 50% except for the last week when he offers an additional discount of 40%. The prices of goods sold during the last week, as a percent of marked price, is then,

- 10%
- 30%
- 70%
- 90%

### Answers to the Profit and loss SSC CGL Questions Set 29

**Problem 1.** Option c: Rs. 50000.

**Problem 2.** Option b : 2:5.

**Problem 3.** Option b: 50%.

**Problem 4.** Option d: 25%.

**Problem 5.** Option c: Rs. 12000.

**Problem 6.** Option b : 20%.

**Problem 7.** Option c: 91.2%.

**Problem 8.** Option b: gain of 25%.

**Problem 9.** Option c: 60% increase.

**Problem 10.** Option b: 30%.

To know how you can solve these problems quickly, go through the solutions at,

**Profit and loss SSC CGL Solution Set 29.**

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* 7 steps for sure success in SSC CGL tier 1 and tier 2 competitive tests* or

*to access all the valuable student resources that we have created specifically for SSC CGL, but*

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