Question

A shoemaker marks his goods at 15% above the cost price. 30% of his goods are stolen and cannot be recovered. He sells the remaining 70% of the goods at the marked price. Find the overall percentage profit or loss on the total cost of all the goods.

Asked in DSSSB MTS · 2026
Damaged · Quantitative Aptitude
Exam PYQ4 Options
Quantitative AptitudeProfit and LossDamagedDSSSB MTS2026
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If x% of goods are damaged, the remaining quantity is (100−x)%.

Correct AnswerCorrect option for this question
Option C — 19.5% loss

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A common exam trap is using SP in the denominator when the question actually asks for profit percentage on CP.

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Questions Asked from Profit and Loss in Previous Exams

See how often Profit and Loss has appeared in previous-year questions across major government exams.

High Exam Frequency
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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