SSC CGL Profit and Loss question with solution
Profit and LossEasy
A shopkeeper buys an article for ₹200 and sells it for ₹224. What is the profit percentage?
- (A)11%
- (B)12%
- (C)22%
- (D)7%
Correct answer: (B) 12%
Profit = selling price − cost price = 224 − 200 = 24. Profit percentage is always calculated on the cost price: 24 ÷ 200 × 100 = 12%.
Shortcut: Profit % = (SP − CP)/CP × 100.
About this question
- Subject
- Quantitative Aptitude
- Topic
- Profit and Loss
- Exam
- SSC CGL
- Attempts on SSC Rank
- Not attempted yet
More SSC CGL Profit and Loss questions
- A shopkeeper buys an article for ₹2,900 and sells it for ₹3,335. What is the profit percentage?
- The marked price of a watch is ₹2,100. If a discount of 15% is allowed, what is its selling price?
Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.