Profit and Loss | Basic Model 4 - Profit/Loss Percentage Based on Quantity Sold

Subject: Quantitative Aptitude
Topic: Profit and Loss
Sub-topic: Basic Model 4 - Profit/Loss Percentage Based on Quantity Sold
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Q1: Sridhar sold 16 pens at the cost of 20 pens. What is the profit or loss percentage made by
him?
1) 4% profit 2) 4% loss 3) 25% profit 4) 25% loss 5) Cannot be determined

Q2: Aniruddh sold 21 books at the cost price of 18 books. Find the percentage profit or loss in
this transaction?
1) 14.28% profit 2) 14.28% loss 3) 16.66% profit 4) 16.66% loss 5) None of these

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