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

Answer: (d)

Given marked price of machine = Rs. 18000

∴ Discount = $20/100$ × 18000 = Rs. 3600

∴ SP = 18000 – 3600 = Rs. 14400

If loss of 4%, then

CP = ${100 × SP}/{100 - r} = {100 × 14400}/{100 - 4}$

= ${100 × 14400}/96$ = Rs. 15000

Answer: (a)

Total cost of 4 cars = 1 + 2 = 3 lakh

Total SP of 4 cars = 3 × 1.5 = 4.5 lakh

SP of car = 1.2 lakh

SP of rest 3 cars = 4.5 – 1.2 = 3.3 lakh

Average SP of all the 3 cars = 1.1 lakh

Answer: (c)

Supposing the goods cost the dealer Rs. 1 for the kg., he sells for Rs. 1 goods which cost him Rs. 0.96

Gain on Rs. 0.96 = 0.04;

% Gain = ${0.04 × 100}/0.96 = 4{1}/6$% = 4.16%

Answer: (c)

Let CP of 5 dozen mangoes by Rs. x. SP = Rs. 156 and Gain = 0.3 x

∴ 156 – x = 0.3 x

∴ x = 120

∴ SP of 60 mangoes = 120 × 1.6 = Rs. 192

∴ SP per mango = Rs. 3.2.

Answer: (e)

Let the original selling price of watch = Rs.x

According to the question,

$x × 76/100$ = 779

or, $x = {779 × 100}/76$ = Rs.1025