Practice UPSC CSAT previous year questions from 2011–2026 classified underProfit and Loss. Review the original question, four options, correct answer and explanation for every PYQ.
2 questions • 2011–2026
A person allows a 10% discount for cash payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770?
Selling price after 10% discount is ₹770×0.9=₹693. A 10% gain means selling price is 110% of cost, so cost =693/1.1=₹630.
If Sohan, while selling two goats at the same price, makes a profit of 10% on one goat and suffers a loss of 10% on the other,
For equal selling prices with +10% and −10%, total cost exceeds total selling price by 1%, so there is a 1% loss.
Attempt questions one by one with UPSC-style marking and immediate explanations.