Profit And Loss – Aptitude Questions And Answers

Aspirants who are preparing for the Competitive Examinations, they can check the Aptitude Questions And Answers for the topic of Profit And Loss on this page. We provided the Questions And Answers along with a brief explanation.

Profit And Loss – Aptitude Questions And Answers

1. An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his
actual profit on the sales?
 
 
 
 

2. A retailer buys 40 pens at the marked price of 35 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent?
 
 
 
 

3. John bought 15 apples for Rs.10 and sold them at the rate of 12 apples for Rs.12. What is the percentage of profit made by him?
 
 
 
 

4. 30% loss on cost price in what percent loss on selling price?
 
 
 
 

5. David purchased a house for Rs.75000 and a site for Rs.15000 respectively, if he sold the house for Rs.83000 and the site for Rs.10000, then find the resultant percentage of
gain?
 
 
 
 

6. John buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, what is his gain percent?
 
 
 
 

7. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find the value of x
 
 
 
 

8. If selling price is doubled, the profit triples. What is the profit percent?
 
 
 
 

9. In a shop, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, find out approximately what percentage of the selling price is the
profit?
 
 
 
 

10. A vendor bought bananas at 6 for a rupee. How many for a rupee must he sell to gain 20%?
 
 
 
 

11. A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?
 
 
 
 

12. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
 
 
 
 

13. By selling 45 lemons for Rs 40, a man loses 20 %. How many should he sell for Rs 24 to gain 20 % in the transaction?
 
 
 
 

14. A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.
 
 
 
 

15. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
 
 
 
 

16. A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?
 
 
 
 

17. An article is bought for Rs.675 and sold for Rs.900, find the gain percent?
 
 
 
 

18. An article is bought for Rs.600 and sold for Rs.500, find the loss percent?
 
 
 
 

19. The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?
 
 
 
 

20. A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?
 
 
 
 

21. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
 
 
 
 

22. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
 
 
 
 

23. If selling price is doubled, the profit triples. Find the profit percent.
 
 
 
 

24. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the
profit?
 
 
 
 

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


 

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