Profit and Loss

Profit and Loss: Profit Formula, Profit Percentage Formula, Gross Profit, Profit and Loss Questions, Problems with Solutions

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Online Aptitude Questions with Answers on Profit and Loss

Q46. **A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?**

1.  20.98% profit
2.  20.98% loss
3.  20.89% profit
4.  20.89% loss

Solution : 20.98% loss
Q47. **A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?**

1.  Rs.5
2.  Rs.4
3.  Rs.2
4.  Rs.3

Solution : Rs.3
Q48. **A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?**

1.  Rs.20
2.  Rs.30
3.  Rs.40
4.  Rs.25

Solution : Rs.40
Q49. **A reduction of 20% in the price of salt enables a lady to obtain 10kgs more for Rs.100, find the original price per kg?**

1.  2 3/2
2.  2 2/3
3.  2.5
4.  3

Solution : 2.5

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Q50. **A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?**

1.  1% gain
2.  1% loss
3.  10% loss
4.  no gain or no loss

Solution : 1% gain
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