# Aptitude - Profit and Loss

#### Why should I learn to solve Aptitude questions and answers section on "Profit and Loss"?

Learn and practise solving Aptitude questions and answers section on "Profit and Loss" to enhance your skills so that you can clear interviews, competitive examinations, and various entrance tests (CAT, GATE, GRE, MAT, bank exams, railway exams, etc.) with full confidence.

#### Where can I get the Aptitude questions and answers section on "Profit and Loss"?

IndiaBIX provides you with numerous Aptitude questions and answers based on "Profit and Loss" along with fully solved examples and detailed explanations that will be easy to understand.

#### Where can I get the Aptitude section on "Profit and Loss" MCQ-type interview questions and answers (objective type, multiple choice)?

Here you can find multiple-choice Aptitude questions and answers based on "Profit and Loss" for your placement interviews and competitive exams. Objective-type and true-or-false-type questions are given too.

#### How do I download the Aptitude questions and answers section on "Profit and Loss" in PDF format?

You can download the Aptitude quiz questions and answers section on "Profit and Loss" as PDF files or eBooks.

#### How do I solve Aptitude quiz problems based on "Profit and Loss"?

You can easily solve Aptitude quiz problems based on "Profit and Loss" by practising the given exercises, including shortcuts and tricks.

Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.

Selling Price (S.P.) = Rs. 5800.

Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.

Gain % = | 300 | x 100 | % | = 5 | 5 | % | |

5500 | 11 |

*x*articles. If the profit is 25%, then the value of

*x*is:

Let C.P. of each article be Re. 1 C.P. of *x* articles = Rs. *x*.

S.P. of *x* articles = Rs. 20.

Profit = Rs. (20 - *x*).

20 - x |
x 100 = 25 | |||

x |

2000 - 100*x* = 25*x*

125*x* = 2000

*x* = 16.

Video Explanation: https://youtu.be/sidqvjUoZxY

Let C.P. be Rs. *x* and S.P. be Rs. *y*.

Then, 3(*y* - *x*) = (2*y* - *x*) *y* = 2*x*.

Profit = Rs. (*y* - *x*) = Rs. (2*x* - *x*) = Rs. *x*.

Profit % = | x |
x 100 | % = 100% | |

x |

Video Explanation: https://youtu.be/dPzF10mGsWE

Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125

New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295.

Required percentage = | 295 | x 100 | % | = | 1475 | % = 70% (approximately). | |

420 | 21 |

Video Explanation: https://youtu.be/bQA8SB8ycbw

C.P. of 6 toffees = Re. 1

S.P. of 6 toffees = 120% of Re. 1 = Rs. | 6 |

5 |

For Rs. | 6 | , toffees sold = 6. |

5 |

For Re. 1, toffees sold = | 6 x | 5 | = 5. | ||

6 |

Video Explanation: https://youtu.be/7wKrnZ0LKA8