Profit/Loss & Discount

SSC CGL · Quantitative Aptitude · 37 practice questions with answers and explanations: 13 Easy, 12 Medium, 12 Hard.

Sample questions

Sample Easy question 1

An article bought for Rs. 500 is sold for Rs. 425. Find the loss percentage.

  1. 12%
  2. 15%
  3. 18%
  4. 20%
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Answer: B. Loss % = (500-425)/500 × 100 = 15%.

Sample Medium question 2

A 15% discount is given on a marked price of Rs. 800. Find the selling price.

  1. 670
  2. 675
  3. 680
  4. 685
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Answer: C. Selling price = 800 × 0.85 = 680.

Sample Hard question 3

An article's marked price is 60% above its cost price. What discount should be given so the seller gains only 20%?

  1. 20%
  2. 22.5%
  3. 25%
  4. 28%
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Answer: C. With CP = 100, MP = 160 and required SP = 120, the discount = (160-120)/160 × 100 = 25%.

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