Profit and loss questions and answers java

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Profit and loss:

• Cost Price: The price, at which an product is purchased (CP).
• Marked price: actual price or label price which shown on product.(MRP)
• Selling price: The product sold price.(SP)
• Profit: If  selling_price is greater than cost_price then its a profit.(selling_price-cost_price)
• Loss: if  selling_price is less than cost_price then its a Loss.(cost_price-selling_price)
• Discount:  marked_price-selling_price.
• discount_percentage=((marked_price-selling_price)/marked_price)*100;
• profit=selling_price-cost_price;
• if(selling_price>cost_price)
• profit_percentage=((selling_price-cost_price)/cost_price)*100;     
• if(selling_price<cost_price)
• loss_percentage=((cost_price-selling_price)/cost_price)*100;

 Problem 1#: If a product is bought for Rs.100. and sold for Rs.150 what is the profit percentage

1. package com.javaQuantitaveQuestions;
2.  
3. /**
4. * Quantitative aptitude questions
5. * @author www.instanceofjava.com*/
6. public class ProfitNLoss {
7.  
8. public static void main(String[] args) {
9.  
10.      double profit,profit_percentage=0;
11.         
12.         
13.         double cost_price=100;
14.         
15.         double selling_price=150;
16.         
17.         if(selling_price>cost_price){
18.         profit_percentage=((selling_price-cost_price)/cost_price)*100;
19.         profit=selling_price-cost_price;
20.         
21.         System.out.println("Profit:="+profit+"\n profit Percentage:="+profit_percentage+"%");
22. } 
23. }
24.  
25. }

Output:

1. Profit:=50.0
2. profit Percentage:=50.0%

Problem 2#: If a product is bought for Rs.100. and sold for Rs.70 what is the loss and loss percentage

1. package com.javaQuantitaveQuestions;
2. /**
3. * Quantitative aptitude questions
4. * @author www.instanceofjava.com
5. */
6. public class ProfitNLoss {
7.  
8.     public static void main(String[] args) {
9.  
10.      double loss=0,loss_percentage=0;
11.         
12.         double cost_price=100;
13.         
14.         double selling_price=70;
15.         
16.         
17.         if(selling_price<cost_price){
18.             
19.         loss=cost_price-selling_price;
20.         loss_percentage=((cost_price-selling_price)/cost_price)*100;
21.         System.out.println("Loss:="+loss+"\nLoss Percentage:="+loss_percentage+"%");
22.         
23.         }
24.     }
25.  
26. }

Output:

1. Profit:=50.0
2. profit Percentage:=50.0%

Problem 3#: If a product is bought for Rs.100. and sold for Rs.70 what is the Discount and Discount percentage

1. package com.javaQuantitaveQuestions;
2.  
3. /**
4. * Quantitative aptitude questions
5. * @author www.instanceofjava.com
6. */
7. public class ProfitNLoss {
8.  
9.     public static void main(String[] args) {
10.  
11.      double discount=0,discount_percentage=0;
12.         
13.         double marked_price=100;
14.         
15.         double selling_price=70;
16.         
17.         
18.         discount=(marked_price-selling_price);
19.         
20.  discount_percentage=(discount/marked_price)*100;
21. System.out.println("Discount:="+discount+"\ndiscount
22. Percentage:="+Discount_percentage+"%");
23.         
24.     }
25.  
26. }

Output:

1. Discount:=30.0
2. Discount Percentage:=30.0%