Q1. An article is bought for ₹500 and sold at a profit of 25%. What is the selling price (in ₹)?
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Answer: A. 625
SP = 500 × 125/100 = ₹625.
Profit and Loss Questions for SSC CGL (with Answers)
49 Profit and Loss MCQs from the Quantitative Aptitude section, with answers and short explanations.
Score: 0 / 0
Q2. An article is bought for ₹400 and sold at a profit of 10%. What is the selling price (in ₹)?
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Answer: C. 440
SP = 400 × 110/100 = ₹440.
Q3. An article is bought for ₹600 and sold at a profit of 30%. What is the selling price (in ₹)?
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Answer: B. 780
SP = 600 × 130/100 = ₹780.
Q4. An article is bought for ₹600 and sold at a profit of 10%. What is the selling price (in ₹)?
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Answer: C. 660
SP = 600 × 110/100 = ₹660.
Q5. An article is bought for ₹300 and sold at a profit of 10%. What is the selling price (in ₹)?
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Answer: D. 330
SP = 300 × 110/100 = ₹330.
Q6. An article is bought for ₹2000 and sold at a profit of 40%. What is the selling price (in ₹)?
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Answer: A. 2800
SP = 2000 × 140/100 = ₹2800.
Q7. An article is bought for ₹1400 and sold at a profit of 40%. What is the selling price (in ₹)?
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Answer: C. 1960
SP = 1400 × 140/100 = ₹1960.
Q8. An article is bought for ₹700 and sold at a profit of 25%. What is the selling price (in ₹)?
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Answer: B. 875
SP = 700 × 125/100 = ₹875.
Q9. An article is bought for ₹200 and sold at a profit of 20%. What is the selling price (in ₹)?
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Answer: C. 240
SP = 200 × 120/100 = ₹240.
Q10. An article is bought for ₹1200 and sold at a profit of 40%. What is the selling price (in ₹)?
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Answer: D. 1680
SP = 1200 × 140/100 = ₹1680.
Q11. The cost price of 10 articles is equal to the selling price of 8 articles. Find the profit percentage.
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Answer: B. 25%
CP of 8 articles = ₹8; SP of 8 articles = ₹10. Profit% = (10 − 8)/8 × 100 = 25%.
Q12. An article is bought for ₹500 and sold at a profit of 50%. What is the selling price (in ₹)?
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Answer: C. 750
SP = 500 × 150/100 = ₹750.
Q13. The cost price of 20 articles is equal to the selling price of 16 articles. Find the profit percentage.
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Answer: D. 25%
CP of 16 articles = ₹16; SP of 16 articles = ₹20. Profit% = (20 − 16)/16 × 100 = 25%.
Q14. The cost price of 25 articles is equal to the selling price of 20 articles. Find the profit percentage.
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Answer: B. 25%
CP of 20 articles = ₹20; SP of 20 articles = ₹25. Profit% = (25 − 20)/20 × 100 = 25%.
Q15. The cost price of 15 articles is equal to the selling price of 12 articles. Find the profit percentage.
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Answer: D. 25%
CP of 12 articles = ₹12; SP of 12 articles = ₹15. Profit% = (15 − 12)/12 × 100 = 25%.
Q16. The cost price of 16 articles is equal to the selling price of 12 articles. Find the profit percentage.
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Answer: B. 33 1/3%
CP of 12 articles = ₹12; SP of 12 articles = ₹16. Profit% = (16 − 12)/12 × 100 = 33 1/3%.
Q17. The cost price of 11 articles is equal to the selling price of 10 articles. Find the profit percentage.
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Answer: C. 10%
CP of 10 articles = ₹10; SP of 10 articles = ₹11. Profit% = (11 − 10)/10 × 100 = 10%.
Q18. The cost price of 12 articles is equal to the selling price of 10 articles. Find the profit percentage.
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Answer: C. 20%
CP of 10 articles = ₹10; SP of 10 articles = ₹12. Profit% = (12 − 10)/10 × 100 = 20%.
Q19. The cost price of 20 articles is equal to the selling price of 15 articles. Find the profit percentage.
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Answer: A. 33 1/3%
CP of 15 articles = ₹15; SP of 15 articles = ₹20. Profit% = (20 − 15)/15 × 100 = 33 1/3%.
Q20. An article is bought for ₹1800 and sold at a profit of 25%. What is the selling price (in ₹)?
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Answer: B. 2250
SP = 1800 × 125/100 = ₹2250.
Q21. An article is bought for ₹1100 and sold at a profit of 50%. What is the selling price (in ₹)?
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Answer: B. 1650
SP = 1100 × 150/100 = ₹1650.
Q22. A shopkeeper buys a watch for ₹500 and sells it for ₹550. What is his profit percentage?
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Answer: B. 10%
Profit = 550 − 500 = 50. Profit % = 50/500 × 100 = 10%.
Q23. A shopkeeper buys a watch for ₹1600 and sells it for ₹1840. What is his profit percentage?
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Answer: D. 15%
Profit = 1840 − 1600 = 240. Profit % = 240/1600 × 100 = 15%.
Q24. A shopkeeper buys a watch for ₹1500 and sells it for ₹1125. Find the profit or loss percentage.
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Answer: B. 25% loss
Loss = |1125 − 1500| = ₹375. Loss% = 375/1500 × 100 = 25%.
Q25. A shopkeeper buys a watch for ₹1350 and sells it for ₹1215. Find the profit or loss percentage.
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Answer: C. 10% loss
Loss = |1215 − 1350| = ₹135. Loss% = 135/1350 × 100 = 10%.
Q26. A shopkeeper buys a watch for ₹900 and sells it for ₹810. Find the profit or loss percentage.
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Answer: A. 10% loss
Loss = |810 − 900| = ₹90. Loss% = 90/900 × 100 = 10%.
Q27. A shopkeeper buys a watch for ₹1900 and sells it for ₹1710. Find the profit or loss percentage.
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Answer: D. 10% loss
Loss = |1710 − 1900| = ₹190. Loss% = 190/1900 × 100 = 10%.
Q28. A shopkeeper buys a watch for ₹2000 and sells it for ₹1800. Find the profit or loss percentage.
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Answer: B. 10% loss
Loss = |1800 − 2000| = ₹200. Loss% = 200/2000 × 100 = 10%.
Q29. A shopkeeper buys a watch for ₹700 and sells it for ₹875. Find the profit or loss percentage.
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Answer: B. 25% profit
Profit = |875 − 700| = ₹175. Profit% = 175/700 × 100 = 25%.
Q30. A shopkeeper buys a watch for ₹1000 and sells it for ₹1100. Find the profit or loss percentage.
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Answer: D. 10% profit
Profit = |1100 − 1000| = ₹100. Profit% = 100/1000 × 100 = 10%.
Q31. A shopkeeper buys a watch for ₹2000 and sells it for ₹2200. Find the profit or loss percentage.
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Answer: D. 10% profit
Profit = |2200 − 2000| = ₹200. Profit% = 200/2000 × 100 = 10%.
Q32. A shopkeeper buys a watch for ₹2000 and sells it for ₹2300. Find the profit or loss percentage.
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Answer: B. 15% profit
Profit = |2300 − 2000| = ₹300. Profit% = 300/2000 × 100 = 15%.
Q33. A shopkeeper buys a watch for ₹200 and sells it for ₹240. What is his profit percentage?
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Answer: D. 20%
Profit = 240 − 200 = 40. Profit % = 40/200 × 100 = 20%.
Q34. A trader marks an article at ₹2400 and allows a discount of 10%. He still earns a profit of 8%. What is the cost price of the article (in ₹)?
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Answer: D. 2000
SP = 2400 × 90/100 = ₹2160. CP = 2160 × 100/108 = ₹2000.
Q35. A trader marks an article at ₹2800 and allows a discount of 20%. He still earns a profit of 25%. What is the cost price of the article (in ₹)?
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Answer: C. 1792
SP = 2800 × 80/100 = ₹2240. CP = 2240 × 100/125 = ₹1792.
Q36. A trader marks an article at ₹2300 and allows a discount of 25%. He still earns a profit of 50%. What is the cost price of the article (in ₹)?
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Answer: D. 1150
SP = 2300 × 75/100 = ₹1725. CP = 1725 × 100/150 = ₹1150.
Q37. A trader marks an article at ₹2000 and allows a discount of 25%. He still earns a profit of 50%. What is the cost price of the article (in ₹)?
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Answer: B. 1000
SP = 2000 × 75/100 = ₹1500. CP = 1500 × 100/150 = ₹1000.
Q38. A trader marks an article at ₹2400 and allows a discount of 25%. He still earns a profit of 50%. What is the cost price of the article (in ₹)?
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Answer: D. 1200
SP = 2400 × 75/100 = ₹1800. CP = 1800 × 100/150 = ₹1200.
Q39. A trader marks an article at ₹2200 and allows a discount of 20%. He still earns a profit of 25%. What is the cost price of the article (in ₹)?
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Answer: D. 1408
SP = 2200 × 80/100 = ₹1760. CP = 1760 × 100/125 = ₹1408.
Q40. A trader marks an article at ₹1400 and allows a discount of 25%. He still earns a profit of 20%. What is the cost price of the article (in ₹)?
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Answer: D. 875
SP = 1400 × 75/100 = ₹1050. CP = 1050 × 100/120 = ₹875.
Q41. A trader marks an article at ₹2200 and allows a discount of 25%. He still earns a profit of 25%. What is the cost price of the article (in ₹)?
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Answer: D. 1320
SP = 2200 × 75/100 = ₹1650. CP = 1650 × 100/125 = ₹1320.
Q42. An article is sold at a loss of 10%. Had it been sold for ₹110 more, there would have been a gain of 10%. Find the cost price (in ₹).
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Answer: A. 550
10% + 10% = 20% of CP = ₹110, so CP = 110 × 100/20 = ₹550.
Q43. An article is sold at a loss of 4%. Had it been sold for ₹240 more, there would have been a gain of 6%. Find the cost price (in ₹).
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Answer: C. 2400
4% + 6% = 10% of CP = ₹240, so CP = 240 × 100/10 = ₹2400.
Q44. An article is sold at a loss of 8%. Had it been sold for ₹100 more, there would have been a gain of 12%. Find the cost price (in ₹).
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Answer: C. 500
8% + 12% = 20% of CP = ₹100, so CP = 100 × 100/20 = ₹500.
Q45. A trader marks an article at ₹800 and allows a discount of 10%. He still earns a profit of 20%. What is the cost price of the article (in ₹)?
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Answer: C. 600
SP = 800 × 90/100 = ₹720. CP = 720 × 100/120 = ₹600.
Q46. An article is sold at a loss of 12%. Had it been sold for ₹230 more, there would have been a gain of 8%. Find the cost price (in ₹).
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Answer: D. 1150
12% + 8% = 20% of CP = ₹230, so CP = 230 × 100/20 = ₹1150.
Q47. A trader marks an article at ₹600 and allows a discount of 10%. He still earns a profit of 20%. What is the cost price of the article (in ₹)?
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Answer: C. 450
SP = 600 × 90/100 = ₹540. CP = 540 × 100/120 = ₹450.
Q48. An article is sold at a loss of 10%. Had it been sold for ₹60 more, there would have been a gain of 10%. Find the cost price (in ₹).
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Answer: C. 300
10% + 10% = 20% of CP = ₹60, so CP = 60 × 100/20 = ₹300.
Q49. An article is sold at a loss of 4%. Had it been sold for ₹290 more, there would have been a gain of 6%. Find the cost price (in ₹).
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Answer: D. 2900
4% + 6% = 10% of CP = ₹290, so CP = 290 × 100/10 = ₹2900.
More Quantitative Aptitude topics
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- Percentage 58
- Average 56
- Number System 47
- Mensuration 46
- Simple Interest 43
- Time and Work 41
- LCM and HCF 39
- Ratio and Proportion 38
- Problems on Ages 38
- Compound Interest 36
- Algebra 33
- Simplification 32
- Geometry 29
- Discount 24
- Partnership 17
- Boats and Streams 16
- Mixture and Alligation 13
- Indices and Surds 10
- Trigonometry 10
- Statistics 9
- Pipes and Cisterns 7