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

Q31. **A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?**

  1.  10%
  2.  11%
  3.  12%
  4.  15%

Solution : 12%
Q32. **A man sells a horse for Rs. 800 and suffers a loss. If he had sold it for Rs.980, his gain would have been double the loss he suffered. Find the cost price of the horse.**

  1.  Rs.900
  2.  Rs.875
  3.  Rs.850
  4.  Rs.860

Solution : Rs.860

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Q33. **By selling a house for Rs. 45000, it was found that (1/8)th of the outlay was gained. What ought the selling price have been in order to have lost 5%?**

  1.  Rs.38750
  2.  Rs.38000
  3.  Rs.40000
  4.  Rs.42000

Solution : Rs.38000
Q34. **If a man lost 4% by selling oranges at the rate of 12 a rupee, at how many a rupee must he sell them in order to gain 44%?**

  1.  7
  2.  8
  3.  9
  4.  10

Solution : 8

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Q35. **By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?**

  1.  20%
  2.  25%
  3.  18%
  4.  30%

Solution : 25%
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