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

Q76. **Vijay bought 160 shirts at the rate of Rs. 225 per shirt. The transport expenditure was Rs. 1400. He paid an octroi at the rate of Rs. 1.75 per shirt and labour charges were Rs. 320. What should be the selling price of one shirt, if he wants a profit of 20%?**

  1.  Rs. 258
  2.  Rs. 270
  3.  Rs. 277.5
  4.  Rs. 285

Solution : Rs. 285
Q77. **Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did Sreenivas purchase the table if Mahesh paid Rs. 2178?**

  1.  Rs. 2100
  2.  Rs. 2150
  3.  Rs. 2200
  4.  Rs. 2250

Solution : Rs. 2200

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Q78. **If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is?**

  1.  1.44% loss
  2.  14.4% profit
  3.  14.4% loss
  4.  0%

Solution : 1.44% loss
Q79. **If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?**

  1.  20% loss
  2.  20% profit
  3.  10% profit
  4.  None of these

Solution : None of these

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Q80. **A dealer purchases 15 articles for Rs. 25 and sells 12 articles for Rs. 30. Find the profit percentage?**

  1.  25%
  2.  50%
  3.  20%
  4.  5%

Solution : 50%
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