Profit And Loss Pdf Model Questions & Answers, Practice Test for ssc mts tier 1 2024

Answer: (d)

Answer: (a)

Let CP = 100 x

Discount = 20%

SP = 100x - 20% of CP → 80x

80 x → Rs. 300

1x → $300/80$

100x → $300/80$ × 100 = 375

Actual CP = Rs. 375

New SP = Rs. 405

Profit = Rs. 30

Gain percent = $30/375$ × 100 = 8%

Answer: (d)

Equivalent discount

= $(a + b - {ab}/100)$%

= $(10 + 20 - {10 × 20}/100)$ % = (30 - 2)%

= 28%

Answer: (c)

Discount = x%

→ SP = Rs. y

→ MRP = ?

→ MRP × (100 - x)% = y

→ MRP = $y/{(100 - x) × 1/100}$

→ MRP = Rs. ${100y}/(100 - x)$

Answer: (c)

$CP (100) →↖{17%} SP (117) →↖{Rs. -10%} MRP (130)$

Let CP of article = Rs. 100

→ then SP = Rs. 117

→ MRP × 90% = 117

→ MRP × $9/10$ = 117

→ MRP = Rs. 130

→ If there is no discount then SP = MRP

→ So SP = 130

→ Profit → 130 – 100

→ Profit → Rs. 30

→ Profit% = $30/100$ × 100% = 30%

Alternate :

CP 100 - D% (90)

↓27

Mp 100 + P% (117)

Profit % = $27/90 × 100$ = 30%