Practice Sheet – 04
CLASS Profit and Loss
04
1. Akhil bought 13 kg of apples for Rs,2.400. He sold
them at a profit equal to the selling price of 7 kg
(a) 33.33 (b) 45 (c) 86.66 (d) 96
of apples. Find the selling price of apples per kg.
SSC MTS 2019
13 kg Rs.2,400 7 kg
1
6. The cost of pencil is 33 % less than the cost price
3
of a pen. If a man sells 4 pencils at the cost price of
(a) Rs.400 (b) Rs.650 (c) Rs.350 (d) Rs.600 5 pens. then what is his profit percentage?
SSC MTS 2022
2. The marked price of 85 items was equal to the 1
33 %
cost price of 153 items. The selling price of 104 3
items was equal to the marked price of 65 items.
Calculate the percentage profit or loss from the
sale of each item.
(a) 50 (b) 66.66 (c) 75 (d) 87.5
SSC CPO 2018
7. The cost of 25 items is the same as the revenue
by selling X items. Find X, if the profit made in
(a) 12.5% loss (b) 12.5% profit the transaction is 25%
(c) 15% profit (d) 12.25%profit X
SSC CHSL 2023 (Tier-1)
X
(a) 25 (b) 16.67 (c) 20 (d) 32
3. On selling 38 balls at Rs. 2,240, there is a loss
equal to the cost price of 6 balls. The cost price of SSC CHSL 2018
a ball is equal to: 8. Mohan bought 25 books for Rs. 2,000 and sold
them at a profit equal to the selling price of 5
books. The selling price of 1 book is:
(a) Rs. 80 (b) Rs. 70 (c) Rs. 60 (d) Rs. 50
SSC CGL 2021 (Tier-II)
(a) Rs. 100 (b) Rs. 120 (c) Rs. 150 (d) Rs. 200
SSC CGL 2017 (Tier-I)
4. By selling two articles for 800, a person gains the
cost price of three articles. The profit percent is: 9. By selling 144 hens Mahesh suffered a loss equal
to the selling price of 96 hens. His loss percent is
Rs 800
(a) 125 (b) 140 (c) 120 (d) 150 (a) 40 (b) 30 (c) 50 (d) 41
SSC CGL 2021 (Tier-II)
SSC CGL 2017 (Tier-I)
5. The cost price of a chair is 25% less than the 10. A clock was sold for 144. If the percentage of profit
cost price of a table. If a man sells 5 chairs at was numerically equal to the cost price, the cost
the cost price of 7 tables, then what is his profit of the clock was
percentage?
(a) 72 (b) 80 (c) 90 (d) 100
SSC CGL 2017 (Tier-II)
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11. If the selling price article is equal to the cost 13. If selling price of an article is reduced by 60%,
price of 8 articles, then what is the profit then there is a loss of 10% on cost price. The
percentage (correct to one decimal place)? initial profit percent was
7 8 60% 10%
(a) 15.4% (b) 13.9% (c) 11.7% (d) 14.3% (a) 70 (b) 80 (c) 100 (d) 125
SSC CGL 2020 (Tier-II) SSC CGL 2017 (Tier-II)
12. 4% of the selling price of an article is equal to 5%
of its cost price. Again 20% of the selling price is 13
14. Raghavan purchased a scooter at of its sell-
Rs. 120 more than 22% of its cost price. The ratio 15
of cost price & selling price is ing price and sold it at 12% more than its selling
4% 5% price. His gain is.
20% 22% 120 13
? 15
(a) 2 : 3 (b) 3 : 2 (c) 4 : 5 (d) 5 : 4
SSC CGL 2018 (Tier-I)
1 3
(a) 20% (b) 30% (c) 38 % (d) 29 %
13 13
SSC CGL 2016 (Tier-II)
Answer Key
1. (a) 5. (c) 10. (b)
6. (d)
2. (b) 11. (d)
7. (c)
3. (b) 12. (c)
8. (a)
4. (d) 13. (d)
9. (a) 14. (d)
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Profit and Loss/
SOLUTION (SHEET – 04)
1. (a) cost price of 13kg Apples = 2400 28 15
Profit = SP – CP now, Profit (%) = 100 = 86.66%
15
CP of 26 kg apples = Rs.2400
1
Let, SP of 1kg apple be Rs a 6. (d) 33 % = 1
3 2
3
SP of 7kg apples = Rs.7a Pen Pencil
Profit after seeling 13kg apples = Rs.7a Cost price Rs. 3 Rs. 2
SP of 13kg apples = Rs.13a ×4 Pencil
×5 Pen
Then,
Selling Price Rs.15 Rs. 8
7a = 13a – 2400 6a = 2400
A.T.Q
2400 15- 8 7 175
a= a = Rs. 400 Gain% = ×100 = ×100 = = 87.5%
6 8 8 2
7. (c) SP = 5 20
MP 9 CP 4 25
2. (b) 85 × MP = 153 × CP = SP CP
CP 5
5 × 20 = 4 × 25 100 = 100
SP 5
104 × SP = 65 × MP = CP of 25 items = SP of 20 items.
MP 8
MP : CP : SP 8. (a) Let SP of 1 book is Rs. x
SP of 25 books is Rs. 25x
72 : 40 : 45
ATQ, SP – CP = Profit 25x – 2000 = 5x
+5
5 100 25x – 5x = 2000 20x = 2000
Profit% = × 100 = = 12.5%
40 8 x = Rs. 100,
3. (b) Let, CP of 38 balls = 38x Loss = 6x SP of 1 book is Rs. 100
SP = 38x – 6x = 32x = 2240 x = 70 Rs. 9. (a) Let SP of 1 hen = Rs. 1
4. (d) SP of 2 800 1 400 SP of 144 hens = Rs. 144
Let CP of 1 hen = Rs. x
Let CP of one article = x gain at 2 articles = 3x
CP of 144 hens = Rs. 144x
3x 3x 5x
1 articles = SP = x + = ATQ, CP – SP = loss (SP of 96 hens)
2 2 2
144x – 144 = 96 144x = 96 + 144
5x 2x : 5 x
CP : SP = x : = 5
2 240
3 144x = 240 x = =
144 3
3
P % = 100 = 150%
2 5
1 CP of 1 hen = Rs.
3
5. (c) 25% =
4
Table Chair 5
CP of 144 hens = 144 = Rs. 240
3
CP 4 : 3
CP of 5 chairs = 5×3 = 15 96
Loss% = 100 = 40%
A.T.Q, SP of 5 chairs = CP of 7 tables 240
SP of 5 chairs = 7×4 = 28 10. (b) Let, CP = x. Profit = x
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ATQ,
x 100 x
SP = = 144 CP SP
100
10% loss
x(100 + x) = 14400, by option (b) 100 90
90 units = 40
80(100+30) = 14400
CP = 80, by take option (b) 40 40 400
1 unit = 100 units = ×100=
CP = 80 90 90 9
Profit = 80
400 400 500
CP = , SP = 100 Profit = 100 – =
80 80 9 9 9
So, SP = 144 (given)
100
500
So, option (b) is correct.
9 100 5 100
11. (d)7 8 Profit% = = = 125%
400 4
7 × S.P = 8 × C.P 9
C .P 7 =8–7=1 13 CP 13
1 SP ,
S .P 8 14. (d) ATQ, CP =
15 SP 15
1 If they sold 12% more then its Old selling price.
= ×100 = 14.28% 14.3%
7 So New selling price is
4 5 CP 4
12. (c) ATQ, SP× = CP× =
100 100 SP 5
12
13. (d) Let initial SP/ = 100 = 15 + 15 = 16.8
100
Reduced SP ( ) = 100 – 60 = 40
Profit = SP – CP = 16.8 – 13 = 3.8
3.8 3
Profit% = 100 = 29 %
13 13
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