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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

Q86. **A shopkeeper sells 400 metres of cloth for Rs. 18000 at a loss of Rs.5 per metre. Find his cost price for one metre of cloth?**

  1.  Rs. 45
  2.  Rs. 40
  3.  Rs. 35
  4.  Rs. 50

Solution : Rs. 50
Q87. **Ravi purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a.**

  1.  loss of Rs. 200
  2.  loss of Rs. 100
  3.  profit of Rs. 100
  4.  profit of Rs. 200

Solution : profit of Rs. 200
Q88. **Mohit sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?**

  1.  Rs. 15000
  2.  Rs. 16200
  3.  Rs. 14700
  4.  Rs. 15900

Solution : Rs. 15000
Q89. **A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?**

  1.  No profit No loss
  2.  4% profit
  3.  2% loss
  4.  None of these

Solution : None of these

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Q90. **An article was sold after a discount of 20% and there was a gain of 20%. If the profit made on it was Rs. 6 less than the discount offered on it, find its selling price?**

  1.  Rs. 72
  2.  Rs. 90
  3.  Rs. 66
  4.  Rs. 96

Solution : Rs. 72
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