# Profit and Loss Quiz Online Test – Aptitude Questions and Answers

Ready to take the Profit and Loss Quiz Online Test? Then take a glance at the below section. So, all the candidates who have a less knowledge on Profit and Loss Concept can improve their skills with the help of Profit and Loss Online Practice. Moreover, we have arranged the Profit and Loss Aptitude Questions in the below. So, all the aspirants who are ready to participate in various competitive exams can take a look at this post and take the Online Mock Test On Profit and Loss. And also, Profit and Loss is one of the hardest Concept in Aptitude. And we can clearly mention that after completion of taking the Profit and Loss Online Test, you can also get the complete explanations for all Questions which we have given here.

## Profit and Loss Quiz Online Test Details

 Quiz Name Profit and Loss Category Aptitude Number of Questions 25 Time 30 Minutes Exam Type MCQ (Multiple Choice Questions)

## Profit and Loss Quiz Online Test – Practice Now

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20%

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1. 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:

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

3. If selling price is doubled the profit triples. Find the profit percent.

4. A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

5. The owner of an electronics shop charges his customer 22% more than the cost price. If a customer paid Rs 10,980 for a DVD player, then what was the cost price of the DVD player?

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### Profit and Loss Aptitude Questions and Answers

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### Profit and Loss Formulas

In this article, we have given some of the Profit and Loss Formulas. So, all the candidates who are interested in checking the formulas can check it from this section.

• Gain % = (Gain / CP) * 100
• SP = [(100 + Gain%) / 100] * CP
• Loss % = (Loss / CP) * 100
• SP = [(100 – Loss %) / 100]*CP
• SP: Selling Price
• CP: Cost Price

### Profit & Loss Video Explanation

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