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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 262 · 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%).

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  1. 1.By selling a cricket bat for ₹2800, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.A study lamp bought for ₹1560 is sold at a profit of 30%. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a table fan for ₹520 and sells it for ₹546. Find the profit percent.
  4. 4.By selling a cricket bat for ₹656, a shopkeeper makes a loss of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  5. 5.A watch bought for ₹1700 is sold at a loss of 15%. What is the selling price (in ₹)?
  6. 6.A pair of shoes bought for ₹760 is sold at a loss of 30%. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cricket bat for ₹880 and sells it for ₹1100. Find the profit percent.
  8. 8.A shopkeeper buys a school bag for ₹1160 and sells it for ₹928. Find the loss percent.
  9. 9.A shopkeeper buys a school bag for ₹1980 and sells it for ₹2574. Find the profit percent.
  10. 10.A study lamp bought for ₹1980 is sold at a loss of 40%. What is the selling price (in ₹)?
  11. 11.By selling a school bag for ₹1360, a shopkeeper makes a loss of 15%. What did the school bag cost the shopkeeper (in ₹)?
  12. 12.A watch bought for ₹1460 is sold at a loss of 50%. What is the selling price (in ₹)?
  13. 13.A school bag bought for ₹1840 is sold at a loss of 5%. What is the selling price (in ₹)?
  14. 14.By selling a bicycle for ₹1950, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  15. 15.By selling a cricket bat for ₹1232, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  16. 16.By selling a pressure cooker for ₹1056, a shopkeeper makes a profit of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  17. 17.By selling a pair of shoes for ₹460, a shopkeeper makes a profit of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹60 and sells it for ₹72. Find the profit percent.
  19. 19.A study lamp bought for ₹300 is sold at a loss of 15%. What is the selling price (in ₹)?
  20. 20.By selling a cricket bat for ₹1062, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  21. 21.By selling a table fan for ₹1785, a shopkeeper makes a profit of 5%. What did the table fan cost the shopkeeper (in ₹)?
  22. 22.By selling a pressure cooker for ₹1863, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  23. 23.By selling a study lamp for ₹1914, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  24. 24.A pair of shoes bought for ₹700 is sold at a profit of 15%. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a pair of shoes for ₹260 and sells it for ₹221. Find the loss percent.
  26. 26.A shopkeeper buys a table fan for ₹1060 and sells it for ₹1272. Find the profit percent.
  27. 27.By selling a study lamp for ₹630, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  28. 28.A shopkeeper buys a pair of shoes for ₹980 and sells it for ₹490. Find the loss percent.
  29. 29.A shopkeeper buys a watch for ₹1420 and sells it for ₹1491. Find the profit percent.
  30. 30.By selling a pair of shoes for ₹1008, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  31. 31.By selling a pair of shoes for ₹1992, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  32. 32.By selling a watch for ₹56, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  33. 33.By selling a cricket bat for ₹1330, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  34. 34.By selling a table fan for ₹430, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  35. 35.A pair of shoes bought for ₹1520 is sold at a profit of 10%. What is the selling price (in ₹)?
  36. 36.A watch bought for ₹960 is sold at a loss of 40%. What is the selling price (in ₹)?
  37. 37.A pressure cooker bought for ₹580 is sold at a profit of 15%. What is the selling price (in ₹)?
  38. 38.A watch bought for ₹1380 is sold at a profit of 30%. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a pair of shoes for ₹380 and sells it for ₹304. Find the loss percent.
  40. 40.A shopkeeper buys a watch for ₹600 and sells it for ₹780. Find the profit percent.

Answer key

  1. 2000
  2. 2028
  3. 5
  4. 820
  5. 1445
  6. 532
  7. 25
  8. 20
  9. 30
  10. 1188
  11. 1600
  12. 730
  13. 1748
  14. 1500
  15. 1120
  16. 880
  17. 400
  18. 20
  19. 255
  20. 1180
  21. 1700
  22. 1620
  23. 1740
  24. 805
  25. 15
  26. 20
  27. 420
  28. 50
  29. 5
  30. 840
  31. 1660
  32. 80
  33. 1900
  34. 860
  35. 1672
  36. 576
  37. 667
  38. 1794
  39. 20
  40. 30

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