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    Quantitative Aptitude : Profit and Loss Question & Answer in English (Level-1)

  Level-1 Ques. in 

1.
A man buys a product for Rs 250 and sells it for Rs 300. Find his gain percent.
A.  10%
B.  20%
C.  15%
D.  5%

2.
If a cycle is purchased for Rs 2500 and sold for Rs 2200. Find the loss percent.
A.  12%
B.  10%
C.  15%
D.  8%

3.
A person incurs 8% loss selling a watch for Rs 1650. At what price should the water be sold to earn 10 % profit?
A.  Rs. 1750
B.  Rs. 1800
C.  Rs. 1925
D.  Rs. 1900

4.
Mohan buys an old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 7200. What will be his gain percent?
A.  8%
B.  10%
C.  6%
D.  7.5%

5.
Mohan buys an old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 5200. What will be his loss percent?
A.  22%
B.  20%
C.  25%
D.  18%