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

Q36. **The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?**

  1.  16 (2/3)% profit
  2.  50/6% profit
  3.  16 (2/3)% loss
  4.  100/3% loss

Solution : 16 (2/3)% loss
Q37. **The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?**

  1.  16 (2/3)% loss
  2.  100/3% loss
  3.  50/3% profit
  4.  100/3% gain

Solution : 16 (2/3)% loss

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Q38. **By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?**

  1.  8
  2.  9
  3.  12
  4.  16

Solution : 8
Q39. **The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?**

  1.  15 5/15%
  2.  18 2/11%
  3.  16 2/3%
  4.  30%

Solution : 18 2/11%

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Q40. **By selling 50 meters of cloth, I gain the selling price of 15 meters. Find the gain percent.**

  1.  35%
  2.  30%
  3.  40%
  4.  42 6/7%

Solution : 42 6/7%
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