# 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

Q26. **A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?**

1.  Rs.1000
2.  Rs.1140
3.  Rs.860
4.  Rs.760

Solution : Rs.1000
Q27. **The sale price of a saree when the marked price is Rs. 400, and two successive discounts of 10% and 5% are given, is?**

1.  Rs.357
2.  Rs.340
3.  Rs.342
4.  Rs.338

Solution : Rs.342
Q28. **The listed price of an article is Rs. 65. A customer pays Rs. 56.16 for it. He was given two successive discounts, one of them being 10%. The other discount was?**

1.  3%
2.  4%
3.  5%
4.  6%

Solution : 4%
Q29. **A single discount equivalent to the discount series of 20%, 10% and 5% is?**

1.  25%
2.  30%
3.  31.6%
4.  33.5%

Solution : 31.6%

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Q30. **What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?**

1.  20%
2.  25%
3.  13 1/30%
4.  12%

Solution : 20%
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