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

Q91. **Mahesh marks an article 15% above the cost price of Rs. 540. What must be his discount percentage if he sells it at Rs. 496.80?**

  1.  18%
  2.  21%
  3.  20%
  4.  19%

Solution : 20%
Q92. **Ramesh purchased a refrigerator for Rs. 12500 after getting a discount of 20% on the labelled price. He spent Rs. 125 on transport and Rs. 250 on installation. At what price should it be sold so that the profit earned would be 10% if no discount was offered?**

  1.  Rs. 16500
  2.  Rs. 15525
  3.  Rs. 17000
  4.  Rs. 17600

Solution : Rs. 17600

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Q93. **The successive discounts 20% and 15% are equal to a single discount of?**

  1.  35%
  2.  38%
  3.  32%
  4.  29%

Solution : 32%
Q94. **A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent?**

  1.  4 1/6 %
  2.  6 1/6 %
  3.  8 1/3 %
  4.  20%

Solution : 8 1/3 %

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Q95. **Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?**

  1.  3.5
  2.  4.5
  3.  5.6
  4.  6.5

Solution : 5.6
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