Previous Year Profit and Loss Questions for SSC CGL Exams-2017

Dear Students, SSC has released the notification for CGL 2017. This time again the competition is going to be very stiff. Questions from Quant are asked in Tier-1 and Tier-II as well. Hence, you need to focus on this subject more. The only trick to master Quant is "practice'. So, Practice daily. We are providing topic-wise quant quizzes, solve, learn, succeed.

Q1. The ratio of cost price and selling of an article is 4: 5. The profit percent is
(a) 20
(b) 25
(c) 12.5
(d) 10

Q3. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs. 6150 for a cell phone, then what was the cost price of the cell phone?
(a) Rs. 5000
(b) Rs. 6,750
(c) Rs. 5,900
(d) Rs. 6,925

Q4. A shopkeeper sells an article for Rs. 88 and earns double the profit that he would have earned had he sold it for Rs. 69. What is its cost price?
(a) 50
(b) 55
(c) 61
(d) 61.5

Q5. Some chocolates were bought at the rate of 13 for Rs. 10 and the same number at the rate of 12 for Rs. 10. If the whole lot was sold at one rupee per toffee, then gain or loss in the whole transaction was
(a) loss of 1%
(b) Gain of 24.8%
(c) neither gain nor loss
(d) Gain of 1.5%

Q7. By selling 33 m. cloth, a shopkeeper earns profit equivalent to the selling price of 11 m. Find his profit percentage?
(a) 50%
(b) 80%
(c) 49%
(d) 32%

Q8. A dealer sold two Washing machine sets for Rs.7500 each. On one he gained 10% and on the other, he lost 10%. The dealer’s loss or gain in the transaction is
(a) No profit, no loss
(b) 1% gain
(c) 0.1% loss
(d) 1% loss

Q9. By selling an article for Rs. 350 instead of Rs. 400, loss percent increases by 5%. The cost price of the table is
(a) Rs. 1050
(b) Rs. 417.50
(c) Rs. 435
(d) Rs. 1000

Q11. A dishonest sweet seller sells sweets at 10% profit but uses 700gms instead of 1 kg. Find the profit percent?
(a) 57.14%
(b) 50%
(c) 49%
(d) 60%

Q14. A person sells an article at a profit of 10%. If he had bought it at 10% less and sold it for Rs. 3 more, he would have gained 25%. Find the cost price.
(a) Rs. 120
(b) Rs. 150
(c) Rs. 175
(d) Rs. 225

Q15. A shopkeeper sells a TV set on discount of 8% of printed price and gains 25%. If the marked price was Rs. 12500 then, what was the cost price?
(a) Rs. 13800
(b) Rs. 9200
(c) Rs. 14800
(d) Rs. 13720

Previous Year Profit and Loss Questions for SSC CGL Exams-2017(solutions)

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