# Profit and Loss

Profit and Loss: Profit Formula, Profit Percentage Formula, Gross Profit, Profit and Loss Questions, Problems with Solutions

Take Aptitude Test
View Aptitude Test Results

## Online Aptitude Questions with Answers on Profit and Loss

Q1. **Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:**

1.  32/7%
2.  60/11%
3.  10%
4.  12%

Solution : 60/11%
Q2. **The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:**

1.  15
2.  16
3.  18
4.  25

Solution : 16
Q3. **If selling price is doubled, the profit triples. Find the profit percent.**

1.  200/3
2.  100
3.  316/3
4.  120

Solution : 100
Q4. **In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?**

1.  30%
2.  70%
3.  100%
4.  250%

Solution : 70%

##### Are you a college student? You can become a Campus Ambassador for LearningPundits. Promote our Online Contests to students from you college via email, Facebook, posters, WhatsApp and old-fashioned face to face communication
• Stipend based on your performance
• Internship Certificate to boost your Resume

Q5. **A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?**

1.  3
2.  4
3.  5
4.  6

Solution : 5
Q{{(\$index+1)+((page-1)*LIMITPERPAGE)}}.

1.

Solution :

### Grammar Guru

#### Free Online Contest on English Grammar and Vocabulary.20 mins Only.

• All Participants get Participation Certificates to boost your Resume

### Math Whiz

#### Free Online Contest on Aptitude and Reasoning.20 mins Only.

• All Participants get Participation Certificates to boost your Resume

#### Participation Now using Laptop/ Desktop/ Tab/ Mobile.

##### Are you a college student? You can become a Campus Ambassador for LearningPundits. Promote our Online Contests to students from you college via email, Facebook, posters, WhatsApp and old-fashioned face to face communication
• Stipend based on your performance
• Internship Certificate to boost your Resume

Preparing for Aptitude Tests ? Please go through our courses on Aptitude Questions and try to answer our Online Aptitude Test Questions on Quantitative Aptitude.
Interested in evaluating your Reasoning Skills ? Please go through our courses on Logical Reasoning and Non-Verbal Reasoning to answer our Reasoning Questions.
Interested in learning English and checking your English Grammar ? Do a quick grammar check to evaluate your Basic English Grammar Skills. Improve your English Vocabulary by going through these Vocabulary words.
Wondering how to make a resume ? These resume format for freshers might be helpful. You can also submit your Resume for Review and look and Resume samples available there.
Preparing for an HR Interview or Group Discussion ? These HR interview questions and answers could help you do well in a typical HR interview. These group discussion tips could also be useful.
Searching for jobs ? We have thousand of Fresher Jobs. Feel free to browse through our extensive list of online jobs.