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
Q41. **Ram sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?**
- Rs.2000
- Rs.1980
- Rs.1891
- Rs.1750
Solution : Rs.2000
Q42. **A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?**
- 20%
- 45%
- 44%
- 48%
Solution : 44%
Q43. **A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?**
- 20%
- 25%
- 30%
- 15%
Solution : 25%
Q44. **Ram professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?**
- 11%
- 11 2/9%
- 11 1/9%
- 10%
Solution : 11 1/9%
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Q45. **A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?**
- 700 gms
- 750 gms
- 800 gms
- 850 gms
Solution : 800 gms
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