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<html><body><h2 id="content-id-8016425937-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Selection Post Grad English Exam and the type of question asked in Selection Post Grad English exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-5486273910-3"><b>Question On Profit And Loss </b></h2>56 tube lights were purchased for â&#130;¹56, and 20 tube lights broke in transit. The trader sold the remaining tube lights at â&#130;¹4.60 each. Find his profit. 
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 35 Seconds </h3></div></div><h2 id="content-id-2016753849-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>â&#130;¹120.80 </p>
</li><li><p>â&#130;¹109.60</p>
</li><li><p>â&#130;¹112.60</p>
</li><li><p>â&#130;¹112.50</p>
</li></ol> <h2 id="content-id-3698470125-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>Option 2 </strong>i.e.<strong> â&#130;¹109.60.</strong></p>

<p>Cost Price of 56 tube lights = â&#130;¹56</p>

<p>Broken tube lights = 20</p>

<p>Remaining tube lights = 56 − 20 = 36</p>

<p>Selling Price = 36 × 4.60 = â&#130;¹165.60</p>

<p>Profit = 165.60 − 56 = â&#130;¹109.60</p>
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