Quant Quiz For SSC Mains And SSC CHSL Exam

1. A dealer marks his goods at 40% above the cost price and allows a discount of 20% on the marked price. The dealer has a

(a) loss of 20%

(b) gain of 25%

(c) loss of 20%

(d) gain of 12%

2. The marked price of an article is 20% more than its cost price. A discount of 20% is given on the marked price. In this kind of sale, the seller bears

(a) no gain, no loss

(b) a loss of 4%

(c) a gain of 4%

(d) a gain of 8%

3. A shopkeeper fixed a price of an article 25% more of its cost price and then allowed 10% discount. The actual profit percent is

(a) 15%

(b) 13%

(c) 12.5%

(d) 12%

4. After allowing a discount of 16%, there was still a gain of 5%. Then the percentage of marked price over the cost price is

(a) 15%

(b) 18%

(c) 21%

(d) 25%

5. To gain 8% after allowing a discount of 10% by what percent cost price should be hiked in the list price?

(a) 9%

(b) 11%

(c) 18%

(d) 20%

6. A discount of 20% on one article is the same as a discount of 25% on another article the cost prices of two articles respectively can be (in Rs.) : 

(a) 1000, 800

(b) 600, 800

(c) 500, 700

(d) 900, 1000

7. A bookseller makes 8 % profit after selling the book at 10% discount. The ratio of the cost price to the marked price is

(a) 5 : 6

(b) 6 : 5

(c) 4 : 5

(d) 5 : 4

8. A shopkeeper marks an article at Rs.60 and sells it at a discount of 15%. He also gives a gifts worth  Rs. 3. If he still makes 20% profit, the cost price, in rupees, is

(a) 22

(b) 32

(c) 40

(d) 42

9. A shopkeeper lists the price of an article as Rs.500. But he gives a certain discount which allows the buyer to pay Rs. 500 for the article including 10% sales tax. The rate of discount is

(a) 10%

(b) 10 (1/11)%

(c) 9 (1/11)%

(d) 11%

10. A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, his percentage of profit is

(a) 10%

(b) 11%

(c) 11 (1/9)%

(d) 12%

Answers and Solutions:
1.  (d)
% gain or loss = 40-20+(40*-20)/100 = 12% gain

2.  (b)
% gain or loss = 20-20+(20*-20)/100 = -4% loss

3.  (c)
Profit percent = 25-10+(25*-10)/100 = 12.5%
4.  (d)
If C.P. is Rs. 100 then S.P. = Rs.105
so marked price*84/100 = 105
so marked price = (105*100)/84 125
so marked price is 25% over the cost price

5.  (d)
6.  (a)
7.  (a)
8.  (c)
9.  (c)
10. (a)
let the marked price of 36 pens is = 36
so cp of 40 pens = 36
and marked price of 40 pens = 40
s.p. of 40 pens on a discount of 1% = (40*99)/100 = 39.6
total profit = 39.6 -36 = 3.6
so % profit = (3.6 *100)/36 = 10%