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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 283 · 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 study lamp for ₹576, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  2. 2.By selling a study lamp for ₹84, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  3. 3.By selling a school bag for ₹1311, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  4. 4.By selling a pressure cooker for ₹2632, a shopkeeper makes a profit of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  5. 5.By selling a study lamp for ₹450, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a school bag for ₹1780 and sells it for ₹2492. Find the profit percent.
  7. 7.A shopkeeper buys a table fan for ₹1480 and sells it for ₹2072. Find the profit percent.
  8. 8.By selling a bicycle for ₹1344, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  9. 9.By selling a watch for ₹2400, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  10. 10.By selling a school bag for ₹912, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1320 and sells it for ₹660. Find the loss percent.
  12. 12.A shopkeeper buys a cricket bat for ₹1340 and sells it for ₹804. Find the loss percent.
  13. 13.By selling a cricket bat for ₹1596, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a study lamp for ₹340 and sells it for ₹323. Find the loss percent.
  15. 15.A watch bought for ₹400 is sold at a loss of 10%. What is the selling price (in ₹)?
  16. 16.By selling a pair of shoes for ₹315, a shopkeeper makes a loss of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  17. 17.By selling a cricket bat for ₹448, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  18. 18.A study lamp bought for ₹1220 is sold at a profit of 50%. What is the selling price (in ₹)?
  19. 19.By selling a table fan for ₹1548, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a pair of shoes for ₹1080 and sells it for ₹918. Find the loss percent.
  21. 21.A shopkeeper buys a bicycle for ₹860 and sells it for ₹989. Find the profit percent.
  22. 22.A shopkeeper buys a cricket bat for ₹1300 and sells it for ₹1560. Find the profit percent.
  23. 23.A shopkeeper buys a pair of shoes for ₹940 and sells it for ₹1034. Find the profit percent.
  24. 24.A school bag bought for ₹1220 is sold at a profit of 50%. What is the selling price (in ₹)?
  25. 25.By selling a school bag for ₹96, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  26. 26.A table fan bought for ₹1520 is sold at a profit of 15%. What is the selling price (in ₹)?
  27. 27.By selling a school bag for ₹1392, a shopkeeper makes a profit of 20%. What did the school bag cost the shopkeeper (in ₹)?
  28. 28.A shopkeeper buys a cricket bat for ₹620 and sells it for ₹527. Find the loss percent.
  29. 29.By selling a watch for ₹725, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  30. 30.A pair of shoes bought for ₹1540 is sold at a loss of 30%. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cricket bat for ₹1560 and sells it for ₹1638. Find the profit percent.
  32. 32.By selling a bicycle for ₹1386, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.By selling a pressure cooker for ₹90, a shopkeeper makes a loss of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a pressure cooker for ₹1600 and sells it for ₹1680. Find the profit percent.
  35. 35.A cricket bat bought for ₹1780 is sold at a profit of 20%. What is the selling price (in ₹)?
  36. 36.By selling a watch for ₹338, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  37. 37.By selling a pair of shoes for ₹1988, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  38. 38.A study lamp bought for ₹420 is sold at a loss of 20%. What is the selling price (in ₹)?
  39. 39.By selling a table fan for ₹180, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a cricket bat for ₹1780 and sells it for ₹1958. Find the profit percent.

Answer key

  1. 720
  2. 120
  3. 1380
  4. 1880
  5. 300
  6. 40
  7. 40
  8. 960
  9. 2000
  10. 960
  11. 50
  12. 40
  13. 1140
  14. 5
  15. 360
  16. 420
  17. 320
  18. 1830
  19. 1720
  20. 15
  21. 15
  22. 20
  23. 10
  24. 1830
  25. 120
  26. 1748
  27. 1160
  28. 15
  29. 580
  30. 1078
  31. 5
  32. 1980
  33. 120
  34. 5
  35. 2136
  36. 260
  37. 1420
  38. 336
  39. 200
  40. 10

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