profit and loss Model Questions & Answers, Practice Test for ssc chsl tier 1 2023

Answer: (c)

Total amount used for purchasing = Rs. 160.

A reduction of 20% in the price means, now a person gets 5/2 kg for Rs. 32 and this is the present price of the sugar.

∴ Present price per kg = $32/5 × 2$ = Rs. 12.8

Let the original price be Rs. x. Then new price is arrived after reduction of 20% on it.

⇒ x × 0.8 = 12.8 or x = Rs. 16.

Answer: (a)

Required cost price = ${\text"SP" × 100}/{100 + \text"Profit%"}$

= ${100 × 4921}/133$ = Rs.3700

Answer: (d)

Let MP = 100

So, SP = 100 – 25% of 100

= 100 – 25 = 75

So, Profit percent = ${100 - 75}/75 × 100$

= $25/75 × 100% = 1/3 × 100 = 33{1}/3 %$

Answer: (e)

CP of DVD player = SP$[100/\text"100 + Profit%"]$

= $10980 × 100/122$ = 9000

Answer: (c)

Let the cost price of manufactures is = P

Selling price of manufacturer = P + P × $18/100 = {59P}/50$

Wholesaler selling price = ${59P}/50 + {59P}/50 × 20/100$

= ${59P}/50 + {59P}/250 = {354P}/250$

Retailer selling price = ${354P}/250 + {354P}/250 × 25/100$

= ${354P}/250 + {177P}/500 = {805P}/500$

Now, ${805P}/500$ = 30.09

⇒ P = 17

Short

P = $(100/118 × 100/120 × 100/125 × 30.09)$ = 17