Mock Test

Exam: SSC CGL Subject: Quantitative Aptitude Topic: Profit and Loss

Total Questions: 20

Q1. If a shopkeeper marks the price of his goods by 40% and then gives a discount of 20%, what is the net percentage gain or loss?

8% gain 8% loss 12% gain 12% loss
Q2. If a shopkeeper sells an article at a profit of 15% for Rs. 460, what would be the selling price if he wanted to gain 25%?

Rs. 480 Rs. 490 Rs. 500 Rs. 506
Q3. A man buys a book for Rs. 100 and sells it for Rs. 120. What is his profit?

Rs. 10 Rs. 20 Rs. 30 Rs. 40
Q4. A man buys a book for Rs. 100 and sells it at a profit of 20%. What is the selling price?

Rs. 110 Rs. 120 Rs. 130 Rs. 140
Q5. What is the single discount equivalent to successive discounts of 10% and 10%?

19% 20% 21% 22%
Q6. If an article is sold for Rs. 450 at a profit of 25%, what is the cost price?

350 360 370 380
Q7. If the cost price of a pen is Rs. 20 and it is sold for Rs. 25, what is the profit percentage?

10% 20% 25% 30%
Q8. A man sells a radio for Rs. 720, making a profit of 20%. What is the cost price?

Rs. 500 Rs. 550 Rs. 600 Rs. 620
Q9. A merchant marks his goods at 40% above the cost price and then offers a discount of 20%. What is his profit percentage?

20% 12% 15% 18%
Q10. By selling 12 articles for Rs. 1800, a man gains 20%. What is the cost price of 5 articles?

Rs. 750 Rs. 700 Rs. 720 Rs. 690
Q11. A shopkeeper buys an article for Rs. 2400. He marks it at 30% above the cost price. He then sells it at a discount of 20% on the marked price. What is the profit or loss?

Rs. 240 profit Rs. 360 profit Rs. 240 loss Rs. 360 loss
Q12. The marked price of a watch is Rs. 5000. A shopkeeper offers a discount of 10% and still makes a profit of 25%. What is the cost price of the watch?

Rs. 3600 Rs. 3800 Rs. 4000 Rs. 4200
Q13. If the cost price of 12 items is equal to the selling price of 10 items, what is the profit percentage?

15% 20% 25% 30%
Q14. By selling an item for Rs. 2400, a man makes a profit of 20%. For how much should he sell it to make a profit of 30%?

Rs. 2571.43 Rs. 2600 Rs. 2657.14 Rs. 2700
Q15. If the cost price of an article is ₹800 and the selling price is ₹720, what is the loss percentage?

5% 8% 10% 12%
Q16. An article is bought for Rs. 350 and sold for Rs. 300. What is the loss?

Rs. 25 Rs. 35 Rs. 50 Rs. 75
Q17. A dealer sells two machines for ₹4000 each. On one machine, he gains 20%, and on the other, he loses 20%. What is the overall profit or loss percentage?

1% loss 4% loss No profit no loss 4% profit
Q18. What is the cost price if a radio is sold for ₹1200 at a loss of 20%?

₹1500 ₹1600 ₹1700 ₹1800
Q19. If a vendor sells a product for Rs. 300 at a 25% profit, what is its cost price?

225 230 235 240
Q20. If a seller's loss percentage is 15% and the selling price is Rs. 340, what is the cost price?

Rs. 380 Rs. 400 Rs. 410 Rs. 390

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