# 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

Q36. **The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?**

1.  16 (2/3)% profit
2.  50/6% profit
3.  16 (2/3)% loss
4.  100/3% loss

Solution : 16 (2/3)% loss
Q37. **The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?**

1.  16 (2/3)% loss
2.  100/3% loss
3.  50/3% profit
4.  100/3% gain

Solution : 16 (2/3)% loss
Q38. **By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?**

1.  8
2.  9
3.  12
4.  16

Solution : 8
Q39. **The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?**

1.  15 5/15%
2.  18 2/11%
3.  16 2/3%
4.  30%

Solution : 18 2/11%

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Q40. **By selling 50 meters of cloth, I gain the selling price of 15 meters. Find the gain percent.**

1.  35%
2.  30%
3.  40%
4.  42 6/7%

Solution : 42 6/7%
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