SSC CGL Quant – Profit, Loss & Discount – Level 1 · Warm-up · Tier I Level
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Discount is on the marked price, not on the cost price.
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SSC CGL Quant – Profit, Loss & Discount – Level 1 · Warm-up · Tier I Level – 12 questions, subject: Quantitative Aptitude. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.
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1.
A lamp bought for ₹ 750 is sold for ₹ 900. The profit per cent is:
Correct Answer: A [20%]
Explanation:
Profit 150 on CP 750 = 1/5 = 20%.
2.
A phone cover bought for ₹ 1,250 is sold for ₹ 1,100. The loss per cent is:
Correct Answer: B [12%]
Explanation:
Loss 150 on CP 1,250 = 12%.
3.
A cycle costs ₹ 2,400. To earn a 15% profit it must be sold for:
Correct Answer: D [₹ 2,760]
Explanation:
2,400 × 1.15 = ₹ 2,760.
4.
By selling a mixer for ₹ 1,904 a dealer gains 12%. Its cost price is:
Correct Answer: C [₹ 1,700]
Explanation:
CP = 1,904 × 100/112 = ₹ 1,700.
5.
A table is sold at a 10% loss for ₹ 3,150. Its cost price is:
Correct Answer: B [₹ 3,500]
Explanation:
CP = 3,150 ÷ 0.9 = ₹ 3,500.
6.
A shirt marked ₹ 1,400 is sold for ₹ 1,190. The discount per cent is:
Correct Answer: A [15%]
Explanation:
Discount 210 on MP 1,400 = 15%.
7.
Two successive discounts of 10% and 10% are equal to a single discount of:
Correct Answer: C [19%]
Explanation:
10 + 10 − 10 × 10/100 = 19%.
8.
A shop offers 'buy 3, get 1 free'. The effective discount is:
Correct Answer: D [25%]
Explanation:
Pay for 3, take 4 → 1 free out of 4 = 25%.
9.
The cost price of 30 notebooks equals the selling price of 24 notebooks. The profit per cent is:
Correct Answer: B [25%]
Explanation:
Count Swap: (30 − 24)/24 = 1/4 = 25%.
10.
Two bags are sold for ₹ 990 each, one at a 10% profit and the other at a 10% loss. The overall result is:
Correct Answer: A [1% loss]
Explanation:
Same SP, ±10% → loss of 10²/100 = 1%.
11.
A shopkeeper sells at cost price but uses an 875 g weight for 1 kg. His gain per cent is:
Correct Answer: D [14²⁄₇%]
Explanation:
Gain = 125/875 = 1/7 = 14²⁄₇% (divide by the weight he gives, not by 1,000 g).
12.
Statement-basedWhich is/are correct?
I. Profit per cent is calculated on the cost price.
II. Discount per cent is calculated on the cost price.
I. Profit per cent is calculated on the cost price.
II. Discount per cent is calculated on the cost price.
Correct Answer: C [Only I]
Explanation:
Discount is on the marked price, not on the cost price.
➤ Full notes, shortcuts and every answer explained – SSC CGL 2026 Quantitative Aptitude book (₹149): www.shanmugamiasacademy.in/study-materials/ssc-cgl-quantitative-aptitude
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