# 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

Q66. **A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?**

1.  neither profit nor loss
2.  3%
3.  5%
4.  4%

Solution : 4%
Q67. **A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?**

1.  20%
2.  28%
3.  33 1/3 %
4.  35 2/7 %

Solution : 33 1/3 %
Q68. **A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?**

1.  855 1/2 grams
2.  833 1/3 grams
3.  833 1/2 grams
4.  875 2/7 grams

Solution : 833 1/3 grams
Q69. **The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 8339 for a computer table, then what was the cost price of the computer table?**

1.  Rs. 5725
2.  Rs. 5275
3.  Rs. 6275
4.  Rs. 6725

Solution : Rs. 6725

##### 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

Q70. **A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?**

1.  30%
2.  35%
3.  40%
4.  45%

Solution : 40%
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.