BPSC CCE Prelims
Profit, Loss and Discount Previous Year Questions (PYQs)
Practice solved questions for Profit, Loss and Discount with detailed step-by-step solutions, key insights, and trend analysis for BPSC CCE PRELIMS.
Solved Previous Year Questions
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A shopkeeper offers 10% discount on an item with marked price 400. If he charges 10% GST, then the final price of the item is
Detailed Explanation:
Marked Price (MP) = ₹400
Discount (10%) = 10% of 400 = ₹40
Discounted Price = 400 - 40 = ₹360
GST (10%) is charged on the discounted price = 10% of 360 = ₹36
Final Price = 360 + 36 = ₹396
Shashi loses 25% by selling oranges at the rate of Rs. 150 per dozen. At what rate should she sell them to get a profit of 20%?
Detailed Explanation:
Selling at Rs. 150 per dozen with 25% loss means SP = 75% of CP. Thus, CP = 150 × (100/75) = Rs. 200 per dozen.
For 20% profit, required SP = 120% of CP = 200 × 1.20 = Rs. 240 per dozen.
Therefore, Option 2 is the correct answer.
By selling 45 lemons for ₹40, a man loses 20%. How many should he sell for ₹24 to gain 20% in the trans action?
Detailed Explanation:
Step 1: Selling 45 lemons for ₹40 at 20% loss means Cost Price (CP) = ₹40 ÷ 0.8 = ₹50. Thus, CP per lemon = ₹50 ÷ 45 = ₹10/9.
Step 2: To gain 20%, Selling Price (SP) must be CP × 1.2. If total SP = ₹24, then CP required = ₹24 ÷ 1.2 = ₹20. Number of lemons = ₹20 ÷ (₹10/9) = 20 × 9/10 = 18 lemons.
Therefore, 18 lemons should be sold for ₹24 to achieve 20% gain, making Option 2 the correct answer.
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