Top 20 SSC CGL Profit and Loss MCQs – Powerful Practice 2026
Practice SSC CGL Profit and Loss MCQs with detailed solutions, shortcut tricks, and Tier-II level questions. Improve speed, accuracy, and exam confidence with the latest SSC CGL pattern.
SSC CGL Maths Profit & Loss MCQs
1. A shopkeeper marks an article 40% above the cost price and allows a discount of 10%. If the selling price is ₹630, what is the cost price?
A. ₹450 B. ₹500
C. ₹520 D. ₹550
Correct Answer: B. ₹500
Explanation:
Let the cost price = ₹x.
Marked Price = 140% of CP = 1.4x
Selling Price = 90% of MP
= 1.4x × 0.9 = 1.26x
1.26x = 630
x = 630 ÷ 1.26 = ₹500
2. A trader gains 20% by selling an article. If the cost price increases by 25% and the selling price remains unchanged, what will be the new profit/loss percentage?
A. 4% Loss B. 4% Profit
C. 8% Loss D. No Profit No Loss
Correct Answer: A. 4% Loss
Explanation:
Assume CP = ₹100
SP = ₹120
New CP = ₹125
Loss = 125 − 120 = ₹5
Loss% = (5/125) ×100 = 4%
3. A shopkeeper gives successive discounts of 20% and 10%. Find the single equivalent discount.
A. 28% B. 30%
C. 26% D. 32%
Correct Answer: A. 28%
Explanation:
Equivalent Discount
= 20 +10 − (20×10)/100
=30−2
= 28%
4. A man sold an article for ₹960 at a loss of 20%. At what price should he sell it to gain 20%?
A. ₹1280 B. ₹1360
C. ₹1440 D. ₹1500
Correct Answer: C. ₹1440
Explanation:
Loss 20%
SP = 80%
CP = 960×100/80
= ₹1200
Required SP =120% of 1200
=₹1440
5. A shopkeeper uses a false weight of 900 g instead of 1 kg and sells goods at cost price. His profit percentage is
A. 10% B. 11.11%
C. 9% D. 12.5%
Correct Answer: B. 11.11%
Explanation:
He charges for 1000 g but gives only 900 g.
Profit = (100/900)×100
=11.11%
6. An article is sold for ₹540 after allowing a discount of 25%. If the shopkeeper gains 20%, what is the marked price?
A. ₹700 B. ₹720
C. ₹760 D. ₹800
Correct Answer: B. ₹720
Explanation:
SP = ₹540
Discount =25%
MP =540×100/75
=₹720
Checking:
CP=540/1.2=450
Gain=20%
MP after 25% discount
= 720 × 75% = 540
7. A trader sells two articles for ₹600 each. On one he gains 20%, and on the other he loses 20%. Overall, he
A. Gains 2% B. Loses 4%
C. Loses 4.17% D. No Profit No Loss
Correct Answer: B. Loses 4%
Explanation:
CP₁ =600/1.2=500
CP₂ =600/0.8=750
Total CP=1250
Total SP=1200
Loss = 50
Loss% = (50/1250) × 100
= 4%
SSC CGL Maths Profit & Loss MCQs
8. A trader marks his goods 60% above cost price and allows a discount of 25%. His profit percentage is
A. 18% B. 20%
C.25% D. 30%
Correct Answer: B. 20%
Explanation:
Take CP=100
MP=160
SP=160×75%
=120
Profit=20%
SSC CGL Maths Profit & Loss MCQs
9. The ratio of cost price to selling price is 25 : 28. Find the profit percentage.
A. 10% B. 12%
C. 15% D. 18%
Correct Answer: B. 12%
Explanation:
Profit = 28 −25 = 3
Profit% = (3/25)×100 %
= 12%
SSC CGL Maths Profit & Loss MCQs
10. A trader allows a discount of 20% on the marked price and still earns a profit of 12%. By what per cent is the marked price above the cost price?
A. 35% B. 38%
C. 40% D. 42%
Correct Answer: C. 40%
Explanation:
Assume CP =100
Profit 12%
SP = 112
After 20% discount,
SP = 80% of MP
MP = 112×100/80
=140
Mark-up = (140 −100) = 40%
11. A trader marks an article 50% above its cost price and allows two successive discounts of 10% and 20%. What is his profit percentage?
A. 5% B. 8%
C. 10% D. 12%
Correct Answer: B. 8%
Explanation:
Assume Cost Price (CP) = ₹100
Marked Price (MP) = ₹150
After 10% discount = ₹150 × 90% = ₹135
After 20% discount = ₹135 × 80% = ₹108
Profit = ₹108 − ₹100 = ₹8
Profit % = 8%
SSC CGL Maths Profit & Loss MCQs
12. A shopkeeper earns a profit of 25% after giving a discount of 20% on the marked price. By what percentage is the marked price above the cost price?
A. 50% B. 56.25%
C. 60% D. 62.5%
Correct Answer: B. 56.25%
Explanation:
Assume CP = ₹100
SP = ₹125 (25% profit)
SP = 80% of MP
MP = 125 × 100 / 80 = ₹156.25
Mark-up = 156.25 − 100 = 56.25%
13. An article is sold at a gain of 15%. Had it been sold for ₹92 more, the gain would have been 23%. The cost price is:
A. ₹1,100 B. ₹1,150
C. ₹1,200 D. ₹1,250
Correct Answer: B. ₹1,150
Explanation:
Difference in profit = 23% − 15%
= 8%
8% of CP = ₹92
CP = 92 × 100 / 8
= ₹1,150
SSC CGL Maths Profit & Loss MCQs
14. A trader purchases an article for ₹800 and spends ₹120 on transportation. If he wants a profit of 25%, at what price should he sell it?
A. ₹1,100 B. ₹1,150
C. ₹1,180 D. ₹1,200
Correct Answer: B. ₹1,150
Explanation:
Total Cost = 800 + 120
= ₹920
Required SP = 920 × 125%
= ₹1,150
SSC CGL Profit and Loss MCQs
15. A trader sells sugar at the cost price but uses a weight of 960 g instead of 1 kg. His profit percentage is:
A. 4% B. 4.17%
C. 5% D. 5.5%
Correct Answer: B. 4.17%
Explanation:
He charges for 1000 g but supplies only 960 g.
Profit = (40/960) ×100
= 4.17%
16. A dealer marks an article 25% above cost price. What minimum discount should he allow to sell the article at cost price?
A. 20% B. 22%
C. 25% D. 18%
Correct Answer: A. 20%
Explanation:
Assume CP = ₹100
MP = ₹125
Required SP = ₹100
Discount = 25/125 ×100
= 20%
SSC CGL Maths Profit & Loss MCQs
17. A trader gains 30% on selling an article. If both the cost price and selling price increase by ₹60, the profit becomes 25%. The original cost price is:
A. ₹200 B. ₹240
C. ₹300 D. ₹360
Correct Answer: C. ₹300
Explanation:
Let CP = x
SP = 1.30x
New CP = x + 60
New SP = 1.30x + 60
Given,
New SP = 125% of New CP
1.30x + 60 = 1.25(x + 60)
1.30x + 60 = 1.25x + 75
0.05x = 15
x = ₹300
18. A trader marks an article 80% above cost price and allows a discount of 30%. His profit percentage is:
A. 20% B. 24%
C. 26% D. 30%
Correct Answer: C. 26%
Explanation:
Assume CP = ₹100
MP = ₹180
SP = 180 ×70%
= ₹126
Profit = ₹26
Profit % = 26%
SSC CGL Profit and Loss MCQs
19. The selling price of an article is 140% of its cost price. What is the ratio of profit to selling price?
A. 2 : 7 B. 1 : 5
C. 3 : 10 D. 2 : 5
Correct Answer: A. 2 : 7
Explanation:
Assume CP = ₹100
SP = ₹140Profit = ₹40
Ratio = 40 : 140
= 2 : 7
20. A trader buys 25 articles for ₹2,500. He sells 20 articles for ₹2,400. His profit percentage is:
A. 18% B. 20%
C. 22% D. 25%
Correct Answer: B. 20%
Explanation:
Cost Price per article = 2500 ÷ 25
= ₹100
Cost of 20 articles = ₹2,000
Selling Price = ₹2,400
Profit = ₹400
Profit % = (400/2000) ×100
= 20%
SSC CGL Quantitative Aptitude Topics
- Number System
- Decimals
- Fractions
- Percentages
- Ratio & proportion
- Square roots
- Averages
- Interest (simple & compound)
- Profit & loss
- Discount
- Partnerships
- Mixture & alligation
- Time & speed & distance
- Time & work.
- Advanced math includes basic algebraic identities
- Elementary surds
- Graphs of linear equations
- Triangles
- Circles
- Regular polygons, right prisms, cones, cylinders, spheres
- Trigonometry.
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