This is aptitude questions and answers section on Profit and Loss with explanation for various interview, competitive examinations and entrance tests.

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?
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Answer: Option A

Explanation:

90%

104%

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14% ---- 140

100% ---- ? => Rs.1000