Profit/Loss & Discount

JKSSB Sub-Inspector (Executive) · Mathematics · 37 practice questions with answers and explanations: 13 Easy, 12 Medium, 12 Hard.

Sample questions

Sample Easy question 1

A shirt marked at Rs. 500 is sold after a 10% discount. Find the selling price.

  1. 430
  2. 440
  3. 450
  4. 460
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Answer: C. Discount = 50, selling price = 500 - 50 = 450.

Sample Medium question 2

The cost price of 15 articles equals the selling price of 12 articles. Find the profit percentage.

  1. 20%
  2. 22%
  3. 25%
  4. 28%
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Answer: C. Let CP of 1 = 1. CP of 15 = 15 = SP of 12, so SP of 1 = 1.25. Profit % = 25%.

Sample Hard question 3

A trader marks his goods 50% above the cost price and offers a discount, still making a 20% profit. Find the discount percentage.

  1. 16.67%
  2. 18%
  3. 20%
  4. 22.5%
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Answer: C. Let CP = 100. Marked price = 150. Desired SP for 20% profit = 120. Discount = (150-120)/150 × 100 = 20%.

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