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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 246 · 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 ₹220 is sold at a profit of 20%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a school bag for ₹1320 and sells it for ₹1386. Find the profit percent.
  3. 3.By selling a watch for ₹990, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  4. 4.A study lamp bought for ₹1480 is sold at a profit of 30%. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a pair of shoes for ₹180 and sells it for ₹135. Find the loss percent.
  6. 6.A pair of shoes bought for ₹460 is sold at a loss of 15%. What is the selling price (in ₹)?
  7. 7.By selling a school bag for ₹924, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  8. 8.By selling a pressure cooker for ₹76, a shopkeeper makes a loss of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  9. 9.A table fan bought for ₹1640 is sold at a loss of 40%. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a bicycle for ₹1540 and sells it for ₹770. Find the loss percent.
  11. 11.By selling a pair of shoes for ₹392, a shopkeeper makes a loss of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  12. 12.By selling a table fan for ₹357, a shopkeeper makes a profit of 5%. What did the table fan cost the shopkeeper (in ₹)?
  13. 13.By selling a cricket bat for ₹560, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a bicycle for ₹580 and sells it for ₹348. Find the loss percent.
  15. 15.By selling a school bag for ₹420, a shopkeeper makes a profit of 40%. What did the school bag cost the shopkeeper (in ₹)?
  16. 16.By selling a cricket bat for ₹560, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a cricket bat for ₹1080 and sells it for ₹1026. Find the loss percent.
  18. 18.A shopkeeper buys a pressure cooker for ₹1800 and sells it for ₹1440. Find the loss percent.
  19. 19.By selling a pair of shoes for ₹1805, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹720 and sells it for ₹432. Find the loss percent.
  21. 21.By selling a pair of shoes for ₹1378, a shopkeeper makes a profit of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  22. 22.A school bag bought for ₹1040 is sold at a profit of 40%. What is the selling price (in ₹)?
  23. 23.A study lamp bought for ₹680 is sold at a loss of 30%. What is the selling price (in ₹)?
  24. 24.By selling a watch for ₹448, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  25. 25.By selling a school bag for ₹2700, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  26. 26.A shopkeeper buys a pair of shoes for ₹1420 and sells it for ₹1349. Find the loss percent.
  27. 27.By selling a pair of shoes for ₹1232, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  28. 28.A shopkeeper buys a bicycle for ₹420 and sells it for ₹441. Find the profit percent.
  29. 29.By selling a table fan for ₹800, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  30. 30.By selling a watch for ₹114, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  31. 31.By selling a school bag for ₹826, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  32. 32.By selling a school bag for ₹228, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  33. 33.By selling a school bag for ₹2200, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a cricket bat for ₹320 and sells it for ₹448. Find the profit percent.
  35. 35.A shopkeeper buys a watch for ₹320 and sells it for ₹192. Find the loss percent.
  36. 36.A shopkeeper buys a table fan for ₹380 and sells it for ₹494. Find the profit percent.
  37. 37.By selling a watch for ₹560, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  38. 38.A shopkeeper buys a cricket bat for ₹580 and sells it for ₹493. Find the loss percent.
  39. 39.A bicycle bought for ₹740 is sold at a profit of 15%. What is the selling price (in ₹)?
  40. 40.By selling a study lamp for ₹150, a shopkeeper makes a loss of 50%. What did the study lamp cost the shopkeeper (in ₹)?

Answer key

  1. 264
  2. 5
  3. 1100
  4. 1924
  5. 25
  6. 391
  7. 1320
  8. 80
  9. 984
  10. 50
  11. 560
  12. 340
  13. 400
  14. 40
  15. 300
  16. 800
  17. 5
  18. 20
  19. 1900
  20. 40
  21. 1060
  22. 1456
  23. 476
  24. 320
  25. 1800
  26. 5
  27. 1120
  28. 5
  29. 1000
  30. 120
  31. 1180
  32. 240
  33. 2000
  34. 40
  35. 40
  36. 30
  37. 400
  38. 15
  39. 851
  40. 300

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