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

Q41. **Ram sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?**

  1.  Rs.2000
  2.  Rs.1980
  3.  Rs.1891
  4.  Rs.1750

Solution : Rs.2000
Q42. **A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?**

  1.  20%
  2.  45%
  3.  44%
  4.  48%

Solution : 44%

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Q43. **A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?**

  1.  20%
  2.  25%
  3.  30%
  4.  15%

Solution : 25%
Q44. **Ram professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?**

  1.  11%
  2.  11 2/9%
  3.  11 1/9%
  4.  10%

Solution : 11 1/9%

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Q45. **A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?**

  1.  700 gms
  2.  750 gms
  3.  800 gms
  4.  850 gms

Solution : 800 gms
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