Top 20 Profit and Loss Questions for Placements (with Solutions) for TCS NQT, Wipro, Accenture Exams
Practice the most common Profit and Loss aptitude questions asked in placement drives. Get solutions, shortcuts, and a downloadable formula revision sheet.
APTITUDEPROFIT AND LOSSTCS NQT PRACTICE QUESTIONSPLACEMENT EXAM QUESTIONSQUANTITATIVE APTITUDE QUESTIONS 2026
12/28/20251 min read
Introduction to Profit and Loss
Profit and Loss chapter is very important for exams.
Questions come very direct but calculation part confuses students.
Cost Price (CP)
Cost Price means the price at which we buy the item.
It is also called buying price.
Selling Price (SP)
Selling Price is the price at which we sell the item.
It is also called sale price.
Profit (Gain)
When Selling Price is more than Cost Price, profit happens.
Profit = SP – CP
Loss
When Selling Price is less than Cost Price, loss happens.
Loss = CP – SP
Profit Percentage
Profit % = (Profit / CP) × 100
Loss Percentage
Loss % = (Loss / CP) × 100
Always remember.
Profit and Loss percentage is calculated on Cost Price, not selling price.
For most questions, assume CP = 100.
This trick saves time.