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

Q81. **By selling 99 pens, a trader gains the cost of 33 pens. Find his gain percentage?**

  1.  33 1/3%
  2.  50%
  3.  25%
  4.  66 2/3%

Solution : 33 1/3%
Q82. **A fruit vendor purchased 20 dozens of bananas at Rs. 15 per dozen. But one-fourth of the bananas were rotten and had to be thrown away. He sold two-third of the remaining bananas at Rs. 22.50 per dozen. At what price per dozen should he sell the remaining bananas to make neither a profit nor a loss?**

  1.  Rs. 20
  2.  Rs. 15
  3.  Rs. 22.50
  4.  Rs. 7.50

Solution : Rs. 15

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Q83. **A shopkeeper sells 20% of his stock at 10% profit ans sells the remaining at a loss of 5%. He incurred an overall loss of Rs. 400. Find the total worth of the stock?**

  1.  Rs. 25000
  2.  Rs. 20000
  3.  Rs. 15000
  4.  Rs. 22000

Solution : Rs. 20000
Q84. **After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?**

  1.  Rs. 6400
  2.  Rs. 5600
  3.  Rs. 5000
  4.  Rs. 4800

Solution : Rs. 5000

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Q85. **The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 24,000 is made?**

  1.  Rs. 1,10,000
  2.  Rs. 1,20,000
  3.  Rs. 1,24,000
  4.  Rs. 1,21,000

Solution : Rs. 1,20,000
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