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

Q101. **If selling price is doubled, the profit triples. Find the profit percent:**

  1.  66 2/3
  2.  100
  3.  105 1/3
  4.  120

Solution : 100
Q102. **In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?**

  1.  30%
  2.  70%
  3.  100%
  4.  250%

Solution : 70%

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Q103. **The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?**

  1.  Rs. 920
  2.  Rs. 960
  3.  Rs. 1060
  4.  Rs. 1200

Solution : Rs. 960
Q104. **The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?**

  1.  Rs 2000
  2.  RS 2200
  3.  Rs 2400
  4.  None of these

Solution : Rs 2000

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Q105. **If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:**

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

Solution : 50%
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