Profit and Loss Questions for SSC MTS Exam
SSC MTS Profit and Loss Questions bring together the published questions available for this exam on PrepShots. Work through the set at your own pace, revise the underlying concepts when needed, and open any question to view its complete solution.
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Showing 1–20 of 20Profit and Loss SSC MTS Questions
Q1M and N started a business with capital of Rs. 28,000 and Rs. 32,000 . After 4 months, M withdrew Rs. 8,000 and N added Rs. 8,000 . If at the end of the year, the profit was Rs. 54,000 , find N's share.Q2P and Q started a business by investing a total of Rs. 9,600. If P invested for m months less than Q, then find the value of m given that P's profit share is Rs. 2,400. Also, P invested Rs. 1,600 less than Q, and the total profit earned at the end of the year is Rs. 9,600.Q3A dealer professes to sell goods at a loss of 10% but uses a weight of 750 g instead of 1 kg . What is his real gain or loss percentage?Q4X, Y, and Z invest Rs. 12,000, Rs. 15,000, and Rs. 18,000, respectively. X invests for 12 months, Y for 8 months, and Z for 10 months. If the total profit is Rs. 22,000, calculate Y's share.Q5Kamal and Harshit started a business by investing Rs. 4800 and Rs. 6000. After 4 months, Kamal added Rs. 1200 more and Harshit withdrew Rs. 1200 from their respective initial investment. If the annual profit earned by Harshit was Rs. 2600, then find the profit share of Kamal.Q6A and B start a business with investments of Rs. 18,000 and Rs. 24,000, respectively. If the profit-sharing ratio is 3 : 4, determine the ratio of the time periods for which A and B invested.Q7Three people named 'W', 'X' and 'Y' together start a business by investing Rs. 4a, Rs. 20,000, and Rs. 5b, respectively. 'W' invested his amount for 10 months, 'X' and 'Y' invested their amount for 2 more months than 'W'. One year after starting the business, the sum of profit shares of 'X' and 'Y' was 35% more than that of 'W' and the share of 'X' was 80% of that of 'Y'. Find the sum of the initial investment of 'W' and 'Y'.Q8A shopkeeper mixes two kinds of sugar: one costing ₹30/kg and the other ₹50/kg. He mixes them in the ratio 3 : 2 by weight. At what price per kg should he sell the mixture so as to gain 25% profit?Q9A and B start a business with capitals of Rs. 20,000 and Rs. 45,000. If the profit is divided in the ratio 2 : 3 , determine the ratio of the time periods of investment for A and B.Q10A trader sells two articles at the same selling price. On one, he makes 10% profit, on the other, he incurs 10% loss. What is his overall profit or loss on the entire transaction?Practice Free →Q11A shopkeeper sells a shirt for ₹1200 and incurs a loss of 40% . At what price should he sell the shirt to gain 10% ?Q12Rajesh purchases 30 dozen pens at a rate of Rs 475 per dozen. He sells each pen for Rs 66. What is his total profit or loss percentage?Q13A man sells 36 bags for Rs 3600, which results in a 20% loss. How many bags must he sell for Rs 3200 to make a 60% profit?Q14An article is sold for a profit of Rs. 180 . Profit percentage is 40 percent. What is the selling price of the article?Q15Manju sold a scooty with a tagged price of ₹1,25,000 . After applying a trade concession, the final transaction value became ₹70,000 . Calculate the percentage discount given on the marked price.Q16A trader buys an article at ₹3,500 and marks it up by 35% . He gives two successive discounts of 20% and 10% . What is his net profit or loss percentage?Q17Rohan sells a bed by giving a 65% discount on its list price. If instead, he had given only a 62% discount, the selling price would have been ₹6,000 more. What is the original marked price of the bed?Q18Manish sells a parcel of land for ₹2,20,000 after giving a rebate of 45% on its original listed price. What was the original valuation of the land before the rebate was applied?Q19A dealer gives a 20% discount on the marked price of a book. If the selling price of the book is Rs. 840, what is its marked price?Q20A watch dealer marks the price of a luxury watch 35% above its cost price. During an annual sale, the dealer offers a primary discount of 20% on the marked price. To attract more buyers, a second successive discount of y% is given. If the dealer's overall profit on the transaction is 8% of the cost price, find the value of the second discount y.
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Profit and LossAbsolute Profit and LossCost Price and Selling PriceDiscountDishonest ShopkeeperFalse WeightMarked Price and DiscountSales Tax
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