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SSC GD Profit and Loss question with solution

Profit and LossEasySSC GD 2024

A shopkeeper buys an article for ₹1,000 and sells it for ₹1,150. What is the profit percentage?

  1. (A)25%
  2. (B)15%
  3. (C)13%
  4. (D)20%

Correct answer: (B) 15%

Profit = selling price − cost price = 1150 − 1000 = 150. Profit percentage is always calculated on the cost price: 150 ÷ 1000 × 100 = 15%.

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

About this question

Subject
Quantitative Aptitude
Topic
Profit and Loss
Exam
SSC GD 2024
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Appears in: SSC GD 2024 Computer Based Examination Question Paper — 20 February, Shift 1

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