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<html><body><h2 id="content-id-9721840536-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-6243701598-3"><b>Question On Profit And Loss </b></h2>A dealer buys an article for â&#130;¹ x. He marks it up by 20% and then gives a discount of 10% on the marked price. A GST of 12% is then added to the final discounted price. If the total amount paid by the customer is â&#130;¹ 12,096, then find the actual profit earned by the dealer.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 41 Seconds </h3></div></div><h2 id="content-id-8475691023-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>Rs 1000</p>
</li><li><p>Rs 750</p>
</li><li><p>Rs 1500</p>
</li><li><p>Rs 800</p>
</li><li><p>Rs 1200</p>
</li></ol> <h2 id="content-id-2654108937-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is<strong> option 4</strong> i.e. <strong>Rs 800</strong>.</p>

<p>Cost price = x</p>

<p>Marked up by 20% ⇒ Marked price = x × 120 / 100 = 1.2x</p>

<p>Discount 10% ⇒ Price after discount = 1.2x × 90 / 100 = 1.08x</p>

<p>GST 12% added ⇒ Final price = 1.08x × 112 / 100</p>

<p>Final price = 1.2096x</p>

<p>Given,</p>

<p>1.2096x = 12096</p>

<p>x = 12096 / 1.2096</p>

<p>x = 10000</p>

<p>Selling price before GST = 1.08x = 1.08 × 10000 = 10800</p>

<p>Actual profit = 10800 − 10000 = Rs 800</p>
<h2 id="content-id-5209314687-6"><b> Profit And Loss Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Profit_And_Loss_Questions_Tips_and_Tricks.png" alt="Profit And Loss Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Profit And Loss Questions without taking any help from the solutions.</li><li>Profit And Loss Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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The correct answer is option 4 i.e. Rs  - Profit And Loss Questions are asked in Ssc Cgl exams and your question has been explained by experts like Neetu Mam.

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