Banking Maths Profit and Loss SSC SSC-Maths

Profit and Loss Problems (MCQs)

Hello Aspirants,

Here we provide you the basic problems on Profit and Loss. For the last few years the, the importance of this chapter has increased. So we cannot neglect this chapter.

We will soon upload the advanced level (CGL Tier II Level) questions with its solution.

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Important Concepts and Formulas – Read Here

1. If by selling an article for Rs. 100 a man gains Rs. 15, then his gain percent is ?

(a) 15%

(b) 38/3%

(c) 17(11/17)%

(d) 17(1/4)%

View Answer/Explanation

Correct Answer is (c)

2. When A commodity is sold for Rs. 34.80, there is a loss of 25%. What is the cost price of the commodity ?

(a) Rs. 46.40

(b) Rs. 26.10

(c) Rs. 43

(d) Rs. 43.20

View Answer/Explanation

Correct Answer is (a)

3. If the S.P. of an article for is 4/3 times its C.P., then the profit percent is ?

(a) 33(1/3)%

(b) 101/4%

(c) 41/2%

(d) 83/4%

View Answer/Explanation

Correct Answer is (a)

Important Concepts and Formulas (Profit & Loss)Read Here

4. By selling an article for Rs.19.50, a dealer makes a profit of 30%. By how much should he increase his S.P. so as to make a profit of 40% ?

(a) Rs. 1.50

(b) Rs. 1.75

(c) Rs. 2

(d) Rs. 3

View Answer/Explanation

Correct Answer is (a)

5. The OP. of 20 articles is the same as S.P. of 15 articles. The profit percent is –

(a) 25%

(b) 30%

(c) 33(1/3)%

(d) 50%

View Answer/Explanation

Correct Answer is (c)

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