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<html><body><h2 id="content-id-1092634578-2"><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-4308256179-3"><b>Question On Profit And Loss </b></h2>A trader gives 8% discount on the marked price of an article and gives 3 articles free for buying 18 articles and gains 38% in the entire transaction. Assuming a customer pays for 18 articles, the marked price of an article is what percent more than its cost price?
<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 : 40 Seconds </h3></div></div><h2 id="content-id-4261750938-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>70%</p>
</li><li><p>75%</p>
</li><li><p>85%</p>
</li><li><p>79%</p>
</li></ol> <h2 id="content-id-1579038426-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>75%</strong>.</p>

<p>Customer pays for 18 articles, gets 3 free → Total received = 21 articles</p>

<p>Price paid = 18 × MP × 0.92 = 16.56 × MP</p>

<p>Trader’s cost = 21 × CP</p>

<p>SP = 1.38 × CP</p>

<p>16.56 × MP = 1.38 × 21 × CP = 28.98 × CP</p>

<p>MP/CP = 28.98/16.56 = 7/4 = 1.75</p>

<p>So MP is 75% more than CP.</p>
<h2 id="content-id-7618905432-6"><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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