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

Q111. **By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost?**

  1.  Rs. 110
  2.  Rs. 120
  3.  Rs. 140
  4.  None of these

Solution : None of these
Q112. **A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:**

  1.  8
  2.  10
  3.  11
  4.  12

Solution : 12

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Q113. **A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:**

  1.  Rs. 110
  2.  Rs. 120
  3.  Rs. 125
  4.  Rs. 150

Solution : Rs. 150
Q114. **A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:**

  1.  Rs. 15
  2.  Rs. 16
  3.  Rs. 17
  4.  Rs. 18

Solution : Rs. 17

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Q115. **A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:**

  1.  no profit, no loss
  2.  20% profit
  3.  less than 20% profit
  4.  more than 20% profit

Solution : more than 20% profit
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