Hello Students, Welcome to www.ExamsGuruji.com. Word Problems Profit and Loss Questions for SBI PO SSC CGL 2019. In this Post we are sharing Profit and Loss Quiz. These questions are asked in SSC in the previous year. These are very important for SSC CHSL, SSC CGL, SSC CPO, IBPS PO, IBPS RRB PO, IBPS Clerk, SBI PO, SBI Clerk 2018. Attempt this Quiz with time and post your score in Leader board.
Word Problems Profit and Loss Questions for SBI PO and SSC CGL 2019
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Profit and Loss Quiz for SSC CGL, SSC Stenographer, SSC CHSL, SBI PO, SBI Clerk, IBPS Clerk, IBPS PO 2019.
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Question 1 of 5
1. Question
1 pointsAfter a discount of 34% an article is sold for Rs. 3168. What is the marked price (in Rs.) of the article?
Correct
Let the marked price of article be Rs. x.
(100 – 34)% of x = 3168
66% of x = 3168
66x/100 = 3168
x = 316800/66
= Rs. 4800Incorrect
Let the marked price of article be Rs. x.
(100 – 34)% of x = 3168
66% of x = 3168
66x/100 = 3168
x = 316800/66
= Rs. 4800 
Question 2 of 5
2. Question
1 pointsFor an article the profit is 170% of the cost price. If the cost price increases by 20% but the selling price remains same, then what is the new profit percent?
Correct
Let C.P. be Rs. 100.
S.P. = 100 + 170 = Rs. 270
When C.P. is 20% increased,
New C.P. = Rs. 120
New S.P. = Rs. 270
New profit per cent =
(270 – 120)/ 120 × 100 = 125%Incorrect
Let C.P. be Rs. 100.
S.P. = 100 + 170 = Rs. 270
When C.P. is 20% increased,
New C.P. = Rs. 120
New S.P. = Rs. 270
New profit per cent =
(270 – 120)/ 120 × 100 = 125% 
Question 3 of 5
3. Question
1 pointsIf after giving a discount of 18%, a book is sold for Rs. 1599, what will be the marked price (in Rs.) of the book ?
Correct
Let the marked price of book be Rs. x.
According to the question,
x × (100 – 18)% = 1599
(x × 82)/100 = 1599
x = 1599 ×100/82
= Rs. 1950Incorrect
Let the marked price of book be Rs. x.
According to the question,
x × (100 – 18)% = 1599
(x × 82)/100 = 1599
x = 1599 ×100/82
= Rs. 1950 
Question 4 of 5
4. Question
1 pointsWhile selling an article for Rs. 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs.) to earn a profit of 50% ?
Correct
C.P. of article = Rs.100/500 × 18450
= Rs. 36900
To gain 50%,
S.P. of article
= Rs. 36900 × 150/100
= Rs. 55350Incorrect
C.P. of article = Rs.100/500 × 18450
= Rs. 36900
To gain 50%,
S.P. of article
= Rs. 36900 × 150/100
= Rs. 55350 
Question 5 of 5
5. Question
1 pointsA shopkeeper marks up his wares by 60% and offers 25% discount. What will be the selling price (in Rs.) if the cost price is Rs. 1600?
Correct
Let C.P. be Rs. 100
M.P. = Rs 160
S.P. = 75% of 160
= 160 × 75/100 = Rs 120
If C.P. = Rs 100, then S.P. = Rs 120
If C.P. = Rs 1600, then S.P. = 120 × 1600/100 = Rs 1920Incorrect
Let C.P. be Rs. 100
M.P. = Rs 160
S.P. = 75% of 160
= 160 × 75/100 = Rs 120
If C.P. = Rs 100, then S.P. = Rs 120
If C.P. = Rs 1600, then S.P. = 120 × 1600/100 = Rs 1920
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