Profit and Loss | Quant Questions for SSC CGL Exam 2017

July 19, 2017 Share Like Labels: ssc

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.

Q2. Richa purchased a pen drive at 4/5th of its list price and sold it at 20% above the original list price. What is Richa’s profit percentage?
(a) 25%
(b) 40%
(c) 50%
(d) None of these

Q4. A manufacturer earns Rs. 20 on selling his product at 10% above his cost. What is the cost price?
(a) Rs. 125
(b) Rs. 150
(c) Rs. 200
(d) None of these

Q5. A shopkeeper professes to sell his articles at CP but gives only 800 g in the place of 1000 g. What is his profit percentage?
(a) 20%
(b) 25%
(c) 16.66%
(d) 33%

Q6. Apples are purchased @ 10 apples/Re. How many apples should be sold for one Rupee to obtain a profit of 25%?
(a) 6
(b) 8
(c) 12
(d) 4

Q7. Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this articles at a profit of 20%. If CP of Chandra is Rs. 150, then what is the SP of Mayank?
(a) Rs. 105
(b) Rs. 87.5
(c) Rs. 125
(d) Rs. 126

Q8. Sum of CP’s of two cows is Rs. 13,000. Both the cows are sold at a profit of 20% and 40% respectively with their SP’s being the same. What is the difference of CP’s of both the cows?
(a) Rs. 1,000
(b) Rs. 2,000
(c) Rs. 1,500
(d) Rs. 2,500

Q9. A shopkeeper sells his goods at its CP only. But he uses 750 g weight at the place of 1000 g weight for a kg. What is his net profit percentage?
(a) 25%
(b) 20%
(c) 16.66%
(d) 33.33%

Q10. A wholeseller supplies few chips to a retailer every year. Each chip costs Rs. 10,000 to the wholeseller. 5% of the chips are defective and they are to be replaced without charging anything extra. If the wholeseller still makes a profit of 20%, at what price is he selling it to retailer?
(a) Rs. 12,300
(b) Rs. 12,600
(c) Rs. 13,200
(d) None of these

Q11. A shopkeeper wrongly calculates his profit on SP and finds it to be 20%. What is the actual profit percentage?
(a) 20%
(b) 33.33%
(c) 40%
(d) 25%

Q12. When an article is sold for Rs. 180, a profit of 20% is made. At what price should the article be sold so that profit percentage is double?
(a) Rs. 200
(b) Rs. 210
(c) Rs. 192
(d) Rs. 240

Q13. Anoop sells a book to Mayank at a profit of 20% and Mayank sells this book to Siddharth at a profit of 25%. Now Siddharth sells this book at a loss of 10% to Shishir. At what percentage loss should Shishir sell this book now so that his SP becomes equal to Anoop’s CP?
(a) 36.68%
(b) 25.92%
(c) 48.66%
(d) Cannot be determined

Q14. A milkman professes to sell milk at its CP only. But still he is making a profit of 20% since he has mixed some amount of water in the milk. What is the percentage of milk in the mixture?
(a) 80%
(b) 83.33%
(c) 75%
(d) 66.66%

Q15. There is some profit when an article is sold for Rs. 720. However when the same article is sold for Rs. 420, there is some loss. If the quantum of loss is two times the quantum of profit, find the cost price of the article.
(a) Rs. 620
(b) Rs. 700
(c) Rs. 520
(d) None of these

Profit and Loss | Quant Questions for SSC CGL Exam 2017(Solutions)

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