# Aptitude - Profit and Loss

A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary? | |

I. | Sale price of the article |

II. | Number of articles sold |

Gain = 25% of C.P.

In order to find gain, we must know the sale price of each article and the number of articles sold.

Correct answer is (D).

A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? | |

I. | Number of toys sold. |

II. | Cost price of each toy. |

S.P. = Rs. 250 each.

To find gain percent, we must know the C.P. of each.

Correct answer is (B).