Profit Loss and Discount Questions: SSC CGL Tier 2 Set 21

Submitted by Atanu Chaudhuri on Sun, 31/03/2019 - 14:24

SSC CGL Tier 2 Set 21 on Profit Loss and Discount Questions

Solve selected profit loss and discount questions in SSC CGL Tier 2 Set 21 within scheduled time of 12 mins and verify results from given answers.

Link to the companion solution set and the answers to the questions are at the end.

10 Profit loss and discount questions: SSC CGL Tier 2 Set 21- 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,

Rs.7500
Rs.7000
Rs.7400
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?

Rs.153.3
Rs.133.7
Rs.163.2
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,

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,

Rs.520
Rs.500
Rs.505
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?

Rs.25000
Rs.21000
Rs.17850
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,

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

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?

Rs.19000
Rs.17000
Rs.18500
Rs.18000

Problem 8.

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

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?

Rs.100
Rs.200
Rs.150
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% loss
2% profit
1% profit
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, commission, 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 Profit loss and discount questions SSC CGL Tier 2 Set 21

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.

You are here

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