SSC Multi Tasking (Non-Technical) Staff 2021 MCQ – Numerical Aptitude – Profit & Loss

Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product

  • Cost price (C.P.): This is the price at which an article is purchased.
  • Selling price (S.P.): This is the price at which an article is sold.
  • Profit or Gain: If the selling price is more than the cost price, the difference between them is the profit incurred

Formula: Profit or Gain = S.P. – C.P.

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.)

SSC Multi Tasking (Non-Technical) Staff 2021 MCQ – Numerical Aptitude – Profit & Loss Set A

0
Created on

SSC Multi Tasking (Non-Technical) Staff 2021 MCQ - Numerical Aptitude - Profit & Loss Set A

1 / 10

Profit earned by selling an article for Rs 1060 is 20% more than the loss incurred by selling the article for Rs 950. At what price should the article be sold to earn 20% profit ?

2 / 10

A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 80%. The rate of discount is

3 / 10

The cost price of an article is 40% of the selling price. The percent that the selling price is of cost price is

4 / 10

A book was sold for a certain sum and there was a loss of 20%. Had it been sold for Rs 12 more, there would have been a gain of 30%. What would be the profit , if the book were sold for Rs 4.80 more than what it was sold for?

5 / 10

Mukul bought 80 kg of rice for Rs 1200 and sold it at a loss of as much money as he received for 20 kg rice. At what price per kg did he sell the rice?

6 / 10

A dealer makes a profit of 20% by selling an article. What would be the percentage change in the profit percent, if he had paid 20% less for it and the customer paid 10% more for it?

7 / 10

On selling tea at Rs 40 per kilogram a loss of 10% is incurred. Calculate the amount of tea (in kg) sold,if the total loss incurred is Rs 80.

8 / 10

A dishonest seller uses a weight of 800 g in place of 1 kg and adds 20% impurities in sugar. What would be his profit percentage, if he claims to sell the goods at the cost price?

9 / 10

A trade man marks his goods at 20% above the CP and gives a discount % of 10% for cash payments. What profit percentage does he make?

10 / 10

A cloth merchant claim to sell his material at cost price but uses a scale which reads 1 m for 95 cm. find his gain percentage.

Your score is

The average score is 0%

0%

SSC Multi Tasking (Non-Technical) Staff 2021 MCQ – Numerical Aptitude – Profit & Loss Set B

0
Created on

SSC Multi Tasking (Non-Technical) Staff 2021 MCQ - Numerical Aptitude - Profit & Loss Set B

1 / 10

By selling a watch for Rs 495, a shopkeeper incurs a loss of 10%. Find the cost price of the watch.

2 / 10

A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.

3 / 10

A businessman sells 5 articles for Rs 15 and makes a profit of 20%. Find his gain or loss percent if he sells 8 such articles for Rs 18.40.

4 / 10

A mobile shop allows a discount of 10% on the advertised price of a mobile. What price must be marked on the mobile, that costs him Rs 600, so that he makes a profit of 20%?

5 / 10

A sells a car priced at Rs 36,000. He gives a discount of 8% on the first Rs 20,000 and 5% on the remaining Rs 16,000. His competitor B sells a car of the same make, priced at Rs 36,000. If he wants to be competitive what percent discount should B offer on the marked price.

6 / 10

On selling tea at Rs 40 per kg a loss of 10% is incurred. Calculate the amount of tea (in kg) sold if the total loss incurred is Rs 80.

7 / 10

A feeding bottle is sold for Rs 120. Sales tax accounts for one-fifth of this and profit one-third of the remainder. Find the cost price of the feeding bottle.

8 / 10

An article when sold at a gain of 5% yields Rs 15 more than when sold at a loss of 5%. What is the cost price ?

9 / 10

A furniture shop allows 20% discount on the marked price of each item what price must be marked on a table costing Rs 560, so to make a profit of 25% ?

10 / 10

A man buys 25 chairs for Rs 375 and sell them at a profit equal to the selling price of 5 chairs. What is the selling price of one chair ?

Your score is

The average score is 0%

0%