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SSC CHSL Profit and Loss question with solution

Profit and LossEasySSC CHSL 2024

A shopkeeper buys an article for ₹1,400 and sells it for ₹1,568. What is the profit percentage?

  1. (A)11%
  2. (B)7%
  3. (C)17%
  4. (D)12%

Correct answer: (D) 12%

Profit = selling price − cost price = 1568 − 1400 = 168. Profit percentage is always calculated on the cost price: 168 ÷ 1400 × 100 = 12%.

Shortcut: Profit % = (SP − CP)/CP × 100.

About this question

Subject
Quantitative Aptitude
Topic
Profit and Loss
Exam
SSC CHSL 2024
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Appears in: SSC CHSL 2024 Tier 1 Question Paper — 2 July, Shift 1

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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.