# Profit & Loss

Are you preparing for campus placements,Banking,SSC, IAS, Insurance,Defence and other competitive exams? Then, make sure to take some time in practicing the Profit and Loss questions and answer in Quantitative Aptitude. Moreover, only those questions are included that are relevant and likely to be asked in any competitive exam. So, take these questions and answer, brush up your skills and practice to stay fully prepared for any your exam.

• Q1.A trader bought chocolates at three for a hundred rupees. How many chocolates should he sell for a hundred to gain 50%: (L2)

• Q2.A shopkeeper bought pens at 24 for Rs. 40 and sold them at 16 for Rs. 24. Find his gain or loss: (L2)

• Q3.A shop keeper bought a washing machine at 20% discount and sold at 15% profit for Rs.4416. What is the original price he bought the TV? (L2)

• Q4.The numerator and denominator of a fraction is increased and decreased by 15% and 20% respectively and the fraction becomes 230/240. What is the original fraction?

• Q5.The profit earned when a calculator is sold for 1600 is 20 times the loss incurred when it is sold for Rs. 550. At what price should the calculator be sold if it is desired to make a profit of 25%?