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
Q121. **By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:**
- 7
- 7.5
- 8
- 9
Solution : 8
Q122. **The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?**
- 37.5%
- 48%
- 50.5%
- 52%
Solution : 37.5%
Q123. **A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?**
- 24.5
- 28.5
- 30
- Data inadequate
Solution : 30
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