Quantitative Aptitude

Profit and Loss — Questions with Solutions

1 solved Profit and Loss questions from Quantitative Aptitude, as asked in SSC CGL and other SSC exams. Read the answer and explanation below, then practise the full set in the practice section.

Practise this topic

Q1. The difference between a discount of $ 25\% $ and two successive discounts of $ 15\% $ and $ 20\% $ on a certain bill was ₹28. Find the amount of the bill.

एक निश्चित बिल पर $ 25\% $ की छूट और $ 15\% $ तथा $ 20\% $ की दो क्रमिक छूटों के बीच का अंतर ₹28 था। बिल की राशि ज्ञात कीजिए।

  1. A. ₹500
  2. B. ₹400
  3. C. ₹450
  4. D. ₹550

Solution

Successive discounts of $ 15\% $ and $ 20\% = (15 + 20 - \frac{15 \times 20}{100})\% = 32\% $. Difference $ = 32\% - 25\% = 7\% $. Let bill amount be $ x $. $ 7\% $ of $ x = 28 \Rightarrow x = \frac{28}{0.07} = 400 $.