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
Q46. **A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?**
- 20.98% profit
- 20.98% loss
- 20.89% profit
- 20.89% loss
Solution : 20.98% loss
Q47. **A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?**
- Rs.5
- Rs.4
- Rs.2
- Rs.3
Solution : Rs.3
Q48. **A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?**
- Rs.20
- Rs.30
- Rs.40
- Rs.25
Solution : Rs.40
Q49. **A reduction of 20% in the price of salt enables a lady to obtain 10kgs more for Rs.100, find the original price per kg?**
- 2 3/2
- 2 2/3
- 2.5
- 3
Solution : 2.5
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Q50. **A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?**
- 1% gain
- 1% loss
- 10% loss
- no gain or no loss
Solution : 1% gain
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Solution :
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