# 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

Q51. **A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?**

1.  9% loss
2.  400
3.  4000
4.  324

Solution : 9% loss
Q52. **I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?**

1.  Rs.28
2.  Rs.280
3.  Rs.140
4.  Rs.70

Solution : Rs.280
Q53. **A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?**

1.  Rs.370
2.  Rs.375
3.  Rs.350
4.  Rs.300

Solution : Rs.375
Q54. **A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?**

1.  Rs.250
2.  Rs.225
3.  Rs.275
4.  Rs.200

Solution : Rs.250

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Q55. **If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?**

1.  30%
2.  33%
3.  33 1/3%
4.  35%

Solution : 33 1/3%
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