PROFIT AND LOSS APTITUDE QUESTIONS AND ANSWERS

PROFIT AND LOSS QUESTIONS AND ANSWERS 1 to 3

1. A man purchased a waten for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:

Rs. 300

Rs. 320

Rs. 440

Rs. 500

2.By selling an article for Rs. 10. Then, the gain per cent is:

10%

none of these

3. There would be 10% loss if a toy is sold at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

Rs. 12

Rs. 12.96

Rs. 14.40

Rs. None of these

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