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

Q56. **Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?**

1.  1% gain
2.  2% gain
3.  1% loss
4.  2% loss

Solution : 1% loss
Q57. **A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?**

1.  75%
2.  50%
3.  100%
4.  80%

Solution : 100%
Q58. **At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?**

1.  Rs.62.50
2.  Rs.72.50
3.  Rs.75.00
4.  Rs.80.00

Solution : Rs.62.50
Q59. **A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?**

1.  Rs.60000
2.  Rs.75000
3.  Rs.68400
4.  Rs.78400

Solution : Rs.60000

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Q60. **A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?**

1.  Rs.2250
2.  Rs.2000
3.  Rs.2150
4.  Rs.2200

Solution : Rs.2000
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