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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 247 · 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 ₹1260 and sells it for ₹1008. Find the loss percent.
  2. 2.A bicycle bought for ₹1320 is sold at a profit of 25%. What is the selling price (in ₹)?
  3. 3.By selling a table fan for ₹1024, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  4. 4.By selling a study lamp for ₹1088, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹580 and sells it for ₹812. Find the profit percent.
  6. 6.By selling a watch for ₹1547, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a table fan for ₹300 and sells it for ₹180. Find the loss percent.
  8. 8.By selling a study lamp for ₹230, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  9. 9.A cricket bat bought for ₹1140 is sold at a loss of 50%. What is the selling price (in ₹)?
  10. 10.By selling a table fan for ₹1150, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  11. 11.A pressure cooker bought for ₹1960 is sold at a loss of 15%. What is the selling price (in ₹)?
  12. 12.By selling a watch for ₹1428, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  13. 13.By selling a pair of shoes for ₹2100, a shopkeeper makes a profit of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  14. 14.By selling a pair of shoes for ₹650, a shopkeeper makes a profit of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  15. 15.By selling a pressure cooker for ₹396, a shopkeeper makes a loss of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a pair of shoes for ₹900 and sells it for ₹1350. Find the profit percent.
  17. 17.By selling a watch for ₹2304, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹200 and sells it for ₹230. Find the profit percent.
  19. 19.A shopkeeper buys a watch for ₹1200 and sells it for ₹1080. Find the loss percent.
  20. 20.A shopkeeper buys a pressure cooker for ₹1300 and sells it for ₹975. Find the loss percent.
  21. 21.By selling a pair of shoes for ₹170, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  22. 22.By selling a cricket bat for ₹621, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  23. 23.By selling a table fan for ₹437, a shopkeeper makes a loss of 5%. What did the table fan cost the shopkeeper (in ₹)?
  24. 24.A pressure cooker bought for ₹1940 is sold at a profit of 40%. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a table fan for ₹480 and sells it for ₹408. Find the loss percent.
  26. 26.A shopkeeper buys a study lamp for ₹1600 and sells it for ₹1840. Find the profit percent.
  27. 27.By selling a cricket bat for ₹960, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  28. 28.By selling a study lamp for ₹2492, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  29. 29.A cricket bat bought for ₹1880 is sold at a loss of 10%. What is the selling price (in ₹)?
  30. 30.By selling a pair of shoes for ₹1292, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  31. 31.A pair of shoes bought for ₹2000 is sold at a loss of 30%. What is the selling price (in ₹)?
  32. 32.A pair of shoes bought for ₹1320 is sold at a profit of 15%. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹360 and sells it for ₹306. Find the loss percent.
  34. 34.By selling a pressure cooker for ₹1449, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.A table fan bought for ₹80 is sold at a loss of 40%. What is the selling price (in ₹)?
  36. 36.By selling a pair of shoes for ₹900, a shopkeeper makes a profit of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  37. 37.A bicycle bought for ₹320 is sold at a loss of 30%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a pair of shoes for ₹1600 and sells it for ₹2400. Find the profit percent.
  39. 39.By selling a pair of shoes for ₹966, a shopkeeper makes a profit of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  40. 40.A table fan bought for ₹320 is sold at a profit of 15%. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 1650
  3. 1280
  4. 1280
  5. 40
  6. 1820
  7. 40
  8. 200
  9. 570
  10. 1000
  11. 1666
  12. 1020
  13. 1680
  14. 500
  15. 440
  16. 50
  17. 1920
  18. 15
  19. 10
  20. 25
  21. 340
  22. 540
  23. 460
  24. 2716
  25. 15
  26. 15
  27. 1920
  28. 1780
  29. 1692
  30. 1360
  31. 1400
  32. 1518
  33. 15
  34. 1380
  35. 48
  36. 600
  37. 224
  38. 50
  39. 840
  40. 368

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