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  3. Profit and Loss
profit-and-loss

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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