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

Q106. **If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:**

  1.  20% loss
  2.  20% gain
  3.  25% loss
  4.  25% gain

Solution : 20% loss
Q107. **On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:**

  1.  15%
  2.  16 1/6%
  3.  16 2/3%
  4.  20%

Solution : 16 2/3%

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Q108. **A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?**

  1.  3
  2.  4
  3.  5
  4.  6

Solution : 5
Q109. **By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%?**

  1.  5
  2.  8
  3.  10
  4.  15

Solution : 8

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Q110. **Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit?**

  1.  Rs. 14.80
  2.  Rs. 15.40
  3.  Rs. 15.60
  4.  Rs. 16.30

Solution : Rs. 16.30
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