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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 224 · 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 shopkeeper buys a watch for ₹420 and sells it for ₹315. Find the loss percent.
  2. 2.A shopkeeper buys a bicycle for ₹860 and sells it for ₹430. Find the loss percent.
  3. 3.By selling a cricket bat for ₹1491, a shopkeeper makes a profit of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  4. 4.By selling a school bag for ₹322, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  5. 5.A bicycle bought for ₹240 is sold at a profit of 50%. What is the selling price (in ₹)?
  6. 6.By selling a school bag for ₹1680, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a study lamp for ₹320 and sells it for ₹480. Find the profit percent.
  8. 8.A shopkeeper buys a table fan for ₹1420 and sells it for ₹2130. Find the profit percent.
  9. 9.By selling a watch for ₹810, a shopkeeper makes a profit of 50%. What did the watch cost the shopkeeper (in ₹)?
  10. 10.A pressure cooker bought for ₹700 is sold at a loss of 30%. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a school bag for ₹1360 and sells it for ₹2040. Find the profit percent.
  12. 12.A shopkeeper buys a school bag for ₹160 and sells it for ₹128. Find the loss percent.
  13. 13.A shopkeeper buys a school bag for ₹100 and sells it for ₹80. Find the loss percent.
  14. 14.A shopkeeper buys a pair of shoes for ₹1160 and sells it for ₹986. Find the loss percent.
  15. 15.By selling a table fan for ₹540, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  16. 16.By selling a study lamp for ₹1008, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  17. 17.By selling a table fan for ₹288, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  18. 18.By selling a table fan for ₹1680, a shopkeeper makes a profit of 20%. What did the table fan cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a school bag for ₹780 and sells it for ₹858. Find the profit percent.
  20. 20.A table fan bought for ₹500 is sold at a profit of 30%. What is the selling price (in ₹)?
  21. 21.By selling a school bag for ₹1444, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹60 and sells it for ₹45. Find the loss percent.
  23. 23.By selling a cricket bat for ₹1462, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  24. 24.By selling a watch for ₹1746, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  25. 25.A cricket bat bought for ₹1520 is sold at a loss of 30%. What is the selling price (in ₹)?
  26. 26.By selling a watch for ₹1365, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  27. 27.By selling a table fan for ₹529, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  28. 28.A cricket bat bought for ₹500 is sold at a profit of 5%. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a bicycle for ₹1000 and sells it for ₹1500. Find the profit percent.
  30. 30.A shopkeeper buys a watch for ₹1580 and sells it for ₹2054. Find the profit percent.
  31. 31.A shopkeeper buys a school bag for ₹1820 and sells it for ₹2730. Find the profit percent.
  32. 32.A school bag bought for ₹1500 is sold at a loss of 10%. What is the selling price (in ₹)?
  33. 33.A table fan bought for ₹100 is sold at a profit of 25%. What is the selling price (in ₹)?
  34. 34.By selling a table fan for ₹882, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  35. 35.By selling a school bag for ₹224, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  36. 36.By selling a bicycle for ₹396, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  37. 37.By selling a table fan for ₹686, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  38. 38.By selling a study lamp for ₹1659, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹228, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.A bicycle bought for ₹1360 is sold at a profit of 5%. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 50
  3. 1420
  4. 460
  5. 360
  6. 1120
  7. 50
  8. 50
  9. 540
  10. 490
  11. 50
  12. 20
  13. 20
  14. 15
  15. 1080
  16. 960
  17. 320
  18. 1400
  19. 10
  20. 650
  21. 1520
  22. 25
  23. 1720
  24. 1940
  25. 1064
  26. 1300
  27. 460
  28. 525
  29. 50
  30. 30
  31. 50
  32. 1350
  33. 125
  34. 1260
  35. 280
  36. 660
  37. 980
  38. 1580
  39. 240
  40. 1428

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