SSC CGL Tier II level Question Set 21, Profit loss discount 4 | SureSolv

SSC CGL Tier II level Question Set 21, Profit loss discount 4

21st SSC CGL Tier II level Question Set, 4th on topic Profit loss discount

ssc cgl tier II level question set 21 profit loss 4

This is the 21st question set of 10 practice problem exercise for SSC CGL Tier II exam and 4th on topic Profit loss discount. Students should complete this question set in prescribed time first and then only refer to the corresponding solution set for extracting maximum benefits from this resource.

We will repeat here the method of taking a 10 problem test if you have not gone through it already.

Method for taking this 10 problem test and get the best results from the test set:

  1. Before start, go through the tutorials Numbers, Number system and basic arithmetic operations, Factorizing or finding out factors, HCF and LCM, Basic concepts on fractions and decimals part 1, Ratio and proportion or any other short but good material to refresh your concepts if you so require.
  2. Answer the questions in an undisturbed environment with no interruption, full concentration and alarm set at 12 minutes.
  3. When the time limit of 12 minutes is over, mark up to which point you have answered, but go on to complete the set.
  4. At the end, refer to the answers given in the end to mark your score at 12 minutes. For every correct answer add 1 and for every incorrect answer deduct 0.25 (or whatever is the scoring pattern in the coming test). Write your score on top of the answer sheet with date and time.
  5. Identify and analyze the problems that you couldn't do to learn how to solve those problems.
  6. Identify and analyze the problems that you solved incorrectly. Identify the reasons behind the errors. If it is because of your shortcoming in topic knowledge improve it by referring to only that part of concept from the best source you get hold of. You might google it. If it is because of your method of answering, analyze and improve those aspects specifically.
  7. Identify and analyze the problems that posed difficulties for you and delayed you. Analyze and learn how to solve the problems using basic concepts and relevant problem solving strategies and techniques.
  8. Give a gap before you take a 10 problem practice test again.

Important: both practice tests and mock tests must be timed, analyzed, improving actions taken and then repeated. With intelligent method, it is possible to reach highest excellence level in performance.


21st question set—10 problems for SSC CGL Tier II exam: topic Profit loss discount 4—Answering time 12 mins

Problem 1.

The difference between a discount of 30% and two successive discounts of 20% and 10% on the marked price of an article is Rs.144. The marked price of the article is,

  1. Rs.7500
  2. Rs.7000
  3. Rs.7400
  4. Rs.7200

Problem 2.

A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to the customers who pay by cash. What does a customer has to pay for a toy of Rs.200?

  1. Rs.153.3
  2. Rs.133.7
  3. Rs.163.2
  4. Rs.129.8

Problem 3.

A dinner set is quoted for Rs.1500. A customer pays Rs.1173 for it. If the customer got a series of discounts and the rate of the first discount is 15%, then the rate of the second discount was,

  1. 15%
  2. 8%
  3. 9%
  4. 7%

Problem 4.

A dealer is selling an article at a discount of 5% on marked price. if the marked price is 12% above the cost price and the article was sold for Rs.532, then the cost price is,

  1. Rs.520
  2. Rs.500
  3. Rs.505
  4. Rs.525

Problem 5.

On a television of brand A the discount is 40% and on another brand B, the discount is 25%. The price of A after discount is Rs.2250 more than the price of B after discount. What is the marked price of B, if the marked price of A is Rs.35000?

  1. Rs.25000
  2. Rs.21000
  3. Rs.17850
  4. Rs.18750

Problem 6.

A person purchased a saree for Rs.7710 after availing a discount of Rs.1285. The percent discount the saree shop offers is,

  1. $14\displaystyle\frac{4}{7}$%
  2. $14\displaystyle\frac{2}{7}$%
  3. $14\displaystyle\frac{3}{7}$%
  4. $14\displaystyle\frac{1}{7}$%

Problem 7.

A man sells an item for a profit of 10%. If he had bought the item at a price 10% less and sold it for Rs.360 less, he would have gained 20%. What is the original cost price of the item?

  1. Rs.19000
  2. Rs.17000
  3. Rs.18500
  4. Rs.18000

Problem 8.

Pens are bought at 15 for Rs.100. How many pens must be sold for Rs.100 to gain 25%?

  1. 10
  2. 8
  3. 11
  4. 12

Problem 9.

Oil equal to 20% of the weight of groundnut is extracted in an oil mill.The residue left after extraction is sold as cattle feed at the rate of Rs.12.5 per kg. The groundnuts are bought at Rs.20 per kg, while processing cost is Rs.5 per kg. At what price per kg should the oil be sold to earn 20% profit on total of cost of groundnut and cost of processing?

  1. Rs.100
  2. Rs.200
  3. Rs.150
  4. Rs.250

Problem 10.

A sells a watch to B at a loss of 12%, but B makes a profit if $12\frac{1}{2}$% by selling the watch to C. If A sells the watch to B at the cost at which C purchased it in the first case, the percentage loss or profit of A now would be,

  1. 1% loss
  2. 2% profit
  3. 1% profit
  4. 2% loss

To know how the problems are solved easily under a minute using basic and rich concepts on profit and loss, discount, percentage, ratio, commision, successive discount and a series of transactions, refer to the companion solution set,

SSC CGL Tier II level Solution set 21 Profit loss discount 4.


Answers to the questions

Problem 1. Answer: Option d: Rs.7200.

Problem 2. Answer: Option c: Rs.163.2.

Problem 3. Answer: Option b: 8%.

Problem 4. Answer: Option b: Rs.500.

Problem 5. Answer: Option a: Rs.25000.

Problem 6. Answer: Option b: $14\displaystyle\frac{2}{7}$%.

Problem 7. Answer: Option d: Rs.18000.

Problem 8. Answer: Option d: 12.

Problem 9. Answer: Option a: Rs.100.

Problem 10. Answer: Option a: 1% loss.


Resources that should be useful for you

7 steps for sure success in SSC CGL tier 1 and tier 2 competitive tests or section on SSC CGL to access all the valuable student resources that we have created specifically for SSC CGL, but generally for any hard MCQ test.

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How to solve difficult SSC CGL Math problems at very high speed using efficient problem solving strategies and techniques

These resources should be extremely useful for you to speed up your in-the-exam-hall SSC CGL math problem solving. You will find these under the subsection Efficient Math Problem Solving.

This is a collection of high power strategies and techniques for solving apparently tricky looking problems in various topic areas usually within a minute. These are no bag of tricks but are based on concepts and strategies that are not to be memorized but to be understood and applied with ease along with permanent skillset improvement.

The following are the associated links,

How to solve SSC CGL level Profit and loss problems by Change analysis in a few steps 6

How to solve a difficult SSC CGL level Profit and loss problem with equal sale prices in a few steps 5

How to solve a difficult SSC CGL level Profit and Loss problem in a few steps 4

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