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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 116 · 40 questions
TalentJR

The method (Cost price is 100%): Profit = SP − CP; loss = CP − SP. Profit % = profit ÷ CP × 100 (same for loss %). SP = CP × (100 + profit%) ÷ 100, or CP × (100 − loss%) ÷ 100. CP from SP: CP = SP × 100 ÷ (100 + profit%) or SP × 100 ÷ (100 − loss%).

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  1. 1.By selling a study lamp for ₹756, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  2. 2.By selling a table fan for ₹69, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  3. 3.A table fan bought for ₹380 is sold at a profit of 10%. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a study lamp for ₹460 and sells it for ₹644. Find the profit percent.
  5. 5.By selling a pair of shoes for ₹1197, a shopkeeper makes a profit of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a cricket bat for ₹420 and sells it for ₹315. Find the loss percent.
  7. 7.By selling a pair of shoes for ₹512, a shopkeeper makes a loss of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  8. 8.A shopkeeper buys a school bag for ₹1980 and sells it for ₹1485. Find the loss percent.
  9. 9.A watch bought for ₹100 is sold at a profit of 5%. What is the selling price (in ₹)?
  10. 10.By selling a pair of shoes for ₹2185, a shopkeeper makes a profit of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a bicycle for ₹1220 and sells it for ₹610. Find the loss percent.
  12. 12.By selling a study lamp for ₹1134, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  13. 13.A shopkeeper buys a pair of shoes for ₹140 and sells it for ₹84. Find the loss percent.
  14. 14.By selling a school bag for ₹690, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  15. 15.By selling a school bag for ₹1328, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  16. 16.By selling a bicycle for ₹66, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  17. 17.By selling a cricket bat for ₹448, a shopkeeper makes a loss of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹1900 and sells it for ₹1615. Find the loss percent.
  19. 19.By selling a bicycle for ₹378, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹1540 and sells it for ₹2002. Find the profit percent.
  21. 21.A shopkeeper buys a pair of shoes for ₹300 and sells it for ₹180. Find the loss percent.
  22. 22.A shopkeeper buys a table fan for ₹380 and sells it for ₹570. Find the profit percent.
  23. 23.By selling a school bag for ₹1870, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  24. 24.A shopkeeper buys a cricket bat for ₹1440 and sells it for ₹1584. Find the profit percent.
  25. 25.By selling a study lamp for ₹1200, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  26. 26.By selling a study lamp for ₹276, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  27. 27.By selling a pair of shoes for ₹1292, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  28. 28.By selling a school bag for ₹480, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  29. 29.A shopkeeper buys a pressure cooker for ₹1060 and sells it for ₹1378. Find the profit percent.
  30. 30.A study lamp bought for ₹220 is sold at a loss of 25%. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a study lamp for ₹60 and sells it for ₹84. Find the profit percent.
  32. 32.A shopkeeper buys a pair of shoes for ₹1940 and sells it for ₹1164. Find the loss percent.
  33. 33.A shopkeeper buys a study lamp for ₹1240 and sells it for ₹992. Find the loss percent.
  34. 34.By selling a cricket bat for ₹2024, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  35. 35.By selling a study lamp for ₹2175, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  36. 36.By selling a bicycle for ₹976, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  37. 37.By selling a pair of shoes for ₹700, a shopkeeper makes a loss of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  38. 38.A shopkeeper buys a pair of shoes for ₹320 and sells it for ₹224. Find the loss percent.
  39. 39.By selling a table fan for ₹368, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  40. 40.A table fan bought for ₹1960 is sold at a loss of 50%. What is the selling price (in ₹)?

Answer key

  1. 720
  2. 60
  3. 418
  4. 40
  5. 1140
  6. 25
  7. 640
  8. 25
  9. 105
  10. 1900
  11. 50
  12. 1260
  13. 40
  14. 1380
  15. 1660
  16. 60
  17. 560
  18. 15
  19. 420
  20. 30
  21. 40
  22. 50
  23. 1700
  24. 10
  25. 960
  26. 240
  27. 1520
  28. 600
  29. 30
  30. 165
  31. 40
  32. 40
  33. 20
  34. 1840
  35. 1740
  36. 1220
  37. 1000
  38. 30
  39. 460
  40. 980

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