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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 119 · 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%).

NameDateTime takenScore ___ / 40
  1. 1.A school bag bought for ₹1940 is sold at a loss of 20%. What is the selling price (in ₹)?
  2. 2.By selling a school bag for ₹56, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  3. 3.By selling a school bag for ₹948, a shopkeeper makes a loss of 40%. What did the school bag cost the shopkeeper (in ₹)?
  4. 4.By selling a pressure cooker for ₹990, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  5. 5.A pair of shoes bought for ₹1040 is sold at a profit of 30%. What is the selling price (in ₹)?
  6. 6.By selling a watch for ₹728, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.A pair of shoes bought for ₹660 is sold at a profit of 15%. What is the selling price (in ₹)?
  8. 8.A table fan bought for ₹160 is sold at a loss of 10%. What is the selling price (in ₹)?
  9. 9.By selling a study lamp for ₹754, a shopkeeper makes a profit of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  10. 10.By selling a cricket bat for ₹420, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a bicycle for ₹480 and sells it for ₹288. Find the loss percent.
  12. 12.A cricket bat bought for ₹700 is sold at a loss of 15%. What is the selling price (in ₹)?
  13. 13.By selling a table fan for ₹80, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹1020 and sells it for ₹714. Find the loss percent.
  15. 15.By selling a pressure cooker for ₹1196, a shopkeeper makes a profit of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  16. 16.A table fan bought for ₹1680 is sold at a profit of 15%. What is the selling price (in ₹)?
  17. 17.A bicycle bought for ₹1720 is sold at a loss of 5%. What is the selling price (in ₹)?
  18. 18.By selling a pair of shoes for ₹2088, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  19. 19.By selling a watch for ₹2300, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  20. 20.By selling a pressure cooker for ₹140, a shopkeeper makes a loss of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  21. 21.A bicycle bought for ₹1320 is sold at a profit of 15%. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a school bag for ₹1900 and sells it for ₹2185. Find the profit percent.
  23. 23.By selling a watch for ₹682, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  24. 24.By selling a bicycle for ₹945, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  25. 25.By selling a pressure cooker for ₹260, a shopkeeper makes a loss of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  26. 26.By selling a school bag for ₹1386, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  27. 27.By selling a watch for ₹816, a shopkeeper makes a loss of 20%. What did the watch cost the shopkeeper (in ₹)?
  28. 28.A table fan bought for ₹620 is sold at a loss of 50%. What is the selling price (in ₹)?
  29. 29.A study lamp bought for ₹1740 is sold at a profit of 20%. What is the selling price (in ₹)?
  30. 30.By selling a pair of shoes for ₹1701, a shopkeeper makes a profit of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹1720 and sells it for ₹1978. Find the profit percent.
  32. 32.A shopkeeper buys a pair of shoes for ₹400 and sells it for ₹600. Find the profit percent.
  33. 33.A school bag bought for ₹740 is sold at a loss of 15%. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹440 and sells it for ₹462. Find the profit percent.
  35. 35.By selling a table fan for ₹540, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  36. 36.By selling a pressure cooker for ₹252, a shopkeeper makes a profit of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  37. 37.By selling a study lamp for ₹588, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  38. 38.By selling a table fan for ₹1728, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹820 and sells it for ₹943. Find the profit percent.
  40. 40.A pressure cooker bought for ₹700 is sold at a profit of 40%. What is the selling price (in ₹)?

Answer key

  1. 1552
  2. 80
  3. 1580
  4. 900
  5. 1352
  6. 520
  7. 759
  8. 144
  9. 580
  10. 300
  11. 40
  12. 595
  13. 100
  14. 30
  15. 920
  16. 1932
  17. 1634
  18. 1740
  19. 2000
  20. 280
  21. 1518
  22. 15
  23. 620
  24. 1260
  25. 520
  26. 1320
  27. 1020
  28. 310
  29. 2088
  30. 1620
  31. 15
  32. 50
  33. 629
  34. 5
  35. 600
  36. 180
  37. 420
  38. 1920
  39. 15
  40. 980

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