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

Q71. **Ramu bought an old car for Rs. 42000. He spent Rs. 13000 on repairs and sold it for Rs. 64900. What is his profit percent?**

  1.  14%
  2.  16%
  3.  18%
  4.  22%

Solution : 18%
Q72. **A trader sells 85 meters of cloth for Rs. 8925 at the profit of Rs. 15 per metre of cloth. What is the cost price of one metre of cloth?**

  1.  Rs. 80
  2.  Rs. 85
  3.  Rs. 90
  4.  Rs. 95

Solution : Rs. 90

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Q73. **A shopkeeper loses 15%,if an article is sold for Rs. 102. What should be the selling price of the article to gain 20%?**

  1.  Rs. 150
  2.  Rs. 144
  3.  Rs. 138
  4.  Rs. 132

Solution : Rs. 144
Q74. **If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs. 105 more. What is the cost price?**

  1.  Rs. 1505
  2.  Rs. 1510
  3.  Rs. 1500
  4.  Rs. 1490

Solution : Rs. 1500

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Q75. **Raman mixed 24 kg of butter at Rs. 150 per kg with 36 kg butter at the rate of Rs. 125 per kg. At what price per kg should he sell the mixture to make a profit of 40% in the transaction?**

  1.  Rs. 135
  2.  Rs. 162
  3.  Rs. 189
  4.  Rs. 198

Solution : Rs. 189
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