This is aptitude questions and answers section on Profit and Loss with the explanation for various interview, competitive examinations, and entrance tests. Profit and Loss is a part of the Quantitative Aptitude section. Candidates are you seeking to practice the multiple choice questions based on this Profit and Loss topic often make an appearance in the exams. Aspirants are you preparing for SSC, Railways Exams, and other Competitive exams, then likely need to solve a section on Profit and Loss Aptitude Questions. Profit and Loss Online test will give you a better idea about the Quant. So intenders practice more and more Profit and Loss MCQ Quiz to crack the entrance exams or any other competitive exams in a straightforward manner.

## Profit and Loss Online Test - Profit and Loss Quiz Details

Candidates can check complete details about the Profit and Loss Quiz details from the above table. Intenders who have no time to check the features can have a glance at the tabular form. With the help of the Profit and Loss table, postulants can get to know the number of questions asked in the exam, the category of the exam, and the type of the test. We suggest the people can check the furnished table before attending the Profit and Loss MCQ Quiz.

### Profit and Loss Aptitude Questions

Candidates who are having the curiosity to know the Profit and Loss Quiz Topics they must read this article. And also in the following section people can find the formulae of Profit and Loss. There are a lot more benefits by practicing the Profit and Loss Quiz. So people don't waste time and move further.
### Profit and Loss Formulae

1. Gain = (S.P.) - (C.P.)

2. Loss = (C.P.) - (S.P.)

3. Loss or gain is always reckoned on C.P.

4. Gain Percentage = Gain x 100/C.P

5. Loss Percentage = Loss x 100/C.P

6. Selling Price = (100 + Gain %)x C.P/100

7. Selling Price = (100 - Loss %)x C.P/100

8. Cost Price = 100x S.P/(100 + Gain %)

9. Cost Price = 100x S.P/(100 - Loss %)

### Profit and Loss MCQ Quiz Answers

Aspirants can check Profit and Loss Online Test Answers from this post itself. After submitting your answer for each question, then click on the View Answer tab, automatically it generates the answer with the explanation on the screen. So, people no need to go anywhere to check your Profit and Loss MCQ Quiz Answers. And one more thing no one can wait for the end of the test to check their performance levels.

Online Test Name |
Profit and Loss |

Exam Type |
Multiple Choice Questions |

Category |
Aptitude Quiz |

Number of Questions |
151 |

Candidates can check complete details about the Profit and Loss Quiz details from the above table. Intenders who have no time to check the features can have a glance at the tabular form. With the help of the Profit and Loss table, postulants can get to know the number of questions asked in the exam, the category of the exam, and the type of the test. We suggest the people can check the furnished table before attending the Profit and Loss MCQ Quiz.

2. Loss = (C.P.) - (S.P.)

3. Loss or gain is always reckoned on C.P.

4. Gain Percentage = Gain x 100/C.P

5. Loss Percentage = Loss x 100/C.P

6. Selling Price = (100 + Gain %)x C.P/100

7. Selling Price = (100 - Loss %)x C.P/100

8. Cost Price = 100x S.P/(100 + Gain %)

9. Cost Price = 100x S.P/(100 - Loss %)

1. A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?
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2. An article is bought for Rs.675 and sold for Rs.900, find the gain percent?
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3. An article is bought for Rs.600 and sold for Rs.500, find the loss percent?
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4. The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?
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5. 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?
### Answer & Explanation

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Answer: Option A

Explanation:

Â Â 90%

Â Â 104%

Â --------

Â Â Â Â 14% ---- 140

Â 100% ---- ? => Rs.1000