Profit and Loss Quiz Online Test – Aptitude Questions and Answers

Profit and Loss Quiz

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 NameProfit and Loss
Number of Questions25
Time30 Minutes
Exam TypeMCQ (Multiple Choice Questions)


Profit and Loss Quiz Online Test – Practice Now

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

2. A manufacturing company employs 10 machines, the aggregate output of which for a year is Rs 42000, and pays 10% of the profit to its shareholders. The manufacturing expenses for a year are Rs.1800 per machine and the establishment charges Rs 9000 per annum. What percent of the original profit will it pay to its shareholders, if one machine breaks down and are idle for one year?

3. A dealer buys a product at Rs. 1920, he sells at a discount of 20% still he gets the profit of 20 %. What is the selling price of that product?

4. If the cost price is 25% of selling price. Then what is the profit percent.

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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