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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 229 · 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 bicycle bought for ₹1500 is sold at a loss of 10%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1960 and sells it for ₹2156. Find the profit percent.
  3. 3.By selling a pressure cooker for ₹1200, a shopkeeper makes a profit of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  4. 4.A watch bought for ₹1480 is sold at a profit of 50%. What is the selling price (in ₹)?
  5. 5.By selling a study lamp for ₹2280, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.A bicycle bought for ₹880 is sold at a profit of 50%. What is the selling price (in ₹)?
  7. 7.By selling a pair of shoes for ₹252, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  8. 8.A school bag bought for ₹1180 is sold at a profit of 30%. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a study lamp for ₹1520 and sells it for ₹1140. Find the loss percent.
  10. 10.By selling a pair of shoes for ₹308, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a school bag for ₹160 and sells it for ₹200. Find the profit percent.
  12. 12.By selling a study lamp for ₹180, a shopkeeper makes a loss of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹960 and sells it for ₹912. Find the loss percent.
  14. 14.A cricket bat bought for ₹740 is sold at a loss of 10%. What is the selling price (in ₹)?
  15. 15.A pressure cooker bought for ₹1460 is sold at a profit of 30%. What is the selling price (in ₹)?
  16. 16.A cricket bat bought for ₹200 is sold at a profit of 10%. What is the selling price (in ₹)?
  17. 17.By selling a pressure cooker for ₹1128, a shopkeeper makes a loss of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  18. 18.By selling a school bag for ₹1312, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  19. 19.By selling a study lamp for ₹1860, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a bicycle for ₹440 and sells it for ₹374. Find the loss percent.
  21. 21.By selling a bicycle for ₹1672, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  22. 22.By selling a pressure cooker for ₹1782, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  23. 23.A shopkeeper buys a study lamp for ₹1200 and sells it for ₹1380. Find the profit percent.
  24. 24.By selling a table fan for ₹1710, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  25. 25.By selling a school bag for ₹294, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  26. 26.By selling a pair of shoes for ₹1738, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  27. 27.A shopkeeper buys a cricket bat for ₹1980 and sells it for ₹2079. Find the profit percent.
  28. 28.By selling a watch for ₹609, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  29. 29.A shopkeeper buys a table fan for ₹120 and sells it for ₹168. Find the profit percent.
  30. 30.A shopkeeper buys a pair of shoes for ₹1000 and sells it for ₹1150. Find the profit percent.
  31. 31.By selling a study lamp for ₹304, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  32. 32.A bicycle bought for ₹1800 is sold at a loss of 40%. What is the selling price (in ₹)?
  33. 33.By selling a study lamp for ₹480, a shopkeeper makes a loss of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹1080 and sells it for ₹1188. Find the profit percent.
  35. 35.A watch bought for ₹800 is sold at a loss of 50%. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cricket bat for ₹920 and sells it for ₹1058. Find the profit percent.
  37. 37.A study lamp bought for ₹1100 is sold at a loss of 20%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a pressure cooker for ₹1220 and sells it for ₹1159. Find the loss percent.
  39. 39.By selling a table fan for ₹1080, a shopkeeper makes a loss of 25%. What did the table fan cost the shopkeeper (in ₹)?
  40. 40.By selling a pair of shoes for ₹1800, a shopkeeper makes a loss of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?

Answer key

  1. 1350
  2. 10
  3. 960
  4. 2220
  5. 1520
  6. 1320
  7. 180
  8. 1534
  9. 25
  10. 220
  11. 25
  12. 300
  13. 5
  14. 666
  15. 1898
  16. 220
  17. 1880
  18. 1640
  19. 1240
  20. 15
  21. 1760
  22. 1620
  23. 15
  24. 1900
  25. 280
  26. 1580
  27. 5
  28. 580
  29. 40
  30. 15
  31. 380
  32. 1080
  33. 800
  34. 10
  35. 400
  36. 15
  37. 880
  38. 5
  39. 1440
  40. 2000

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