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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 303 · 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 pair of shoes bought for ₹1020 is sold at a loss of 5%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a study lamp for ₹320 and sells it for ₹240. Find the loss percent.
  3. 3.A bicycle bought for ₹220 is sold at a loss of 15%. What is the selling price (in ₹)?
  4. 4.By selling a cricket bat for ₹1350, a shopkeeper makes a profit of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  5. 5.By selling a study lamp for ₹903, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a pressure cooker for ₹640 and sells it for ₹896. Find the profit percent.
  7. 7.A shopkeeper buys a bicycle for ₹240 and sells it for ₹264. Find the profit percent.
  8. 8.A pressure cooker bought for ₹320 is sold at a profit of 5%. What is the selling price (in ₹)?
  9. 9.A cricket bat bought for ₹360 is sold at a profit of 25%. What is the selling price (in ₹)?
  10. 10.By selling a cricket bat for ₹800, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.By selling a watch for ₹705, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a table fan for ₹1560 and sells it for ₹936. Find the loss percent.
  13. 13.By selling a pressure cooker for ₹2100, a shopkeeper makes a profit of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a cricket bat for ₹1040 and sells it for ₹728. Find the loss percent.
  15. 15.A table fan bought for ₹1500 is sold at a profit of 5%. What is the selling price (in ₹)?
  16. 16.By selling a bicycle for ₹198, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  17. 17.A watch bought for ₹2000 is sold at a loss of 25%. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹1540 and sells it for ₹1771. Find the profit percent.
  19. 19.A pair of shoes bought for ₹1280 is sold at a profit of 40%. What is the selling price (in ₹)?
  20. 20.A cricket bat bought for ₹1320 is sold at a profit of 10%. What is the selling price (in ₹)?
  21. 21.A pair of shoes bought for ₹1540 is sold at a profit of 15%. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹1280 and sells it for ₹1792. Find the profit percent.
  23. 23.A shopkeeper buys a pair of shoes for ₹980 and sells it for ₹1225. Find the profit percent.
  24. 24.A shopkeeper buys a study lamp for ₹1160 and sells it for ₹1334. Find the profit percent.
  25. 25.A shopkeeper buys a bicycle for ₹300 and sells it for ₹255. Find the loss percent.
  26. 26.A shopkeeper buys a pressure cooker for ₹340 and sells it for ₹357. Find the profit percent.
  27. 27.By selling a study lamp for ₹1428, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  28. 28.By selling a bicycle for ₹1817, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  29. 29.By selling a bicycle for ₹792, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a school bag for ₹1848, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  31. 31.By selling a school bag for ₹96, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  32. 32.A shopkeeper buys a study lamp for ₹1120 and sells it for ₹1568. Find the profit percent.
  33. 33.A shopkeeper buys a table fan for ₹1240 and sells it for ₹1054. Find the loss percent.
  34. 34.By selling a pair of shoes for ₹2112, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  35. 35.By selling a watch for ₹1924, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.By selling a study lamp for ₹756, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  37. 37.By selling a table fan for ₹2288, a shopkeeper makes a profit of 30%. What did the table fan cost the shopkeeper (in ₹)?
  38. 38.By selling a pair of shoes for ₹1325, a shopkeeper makes a profit of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  39. 39.By selling a pressure cooker for ₹690, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a study lamp for ₹1900 and sells it for ₹1615. Find the loss percent.

Answer key

  1. 969
  2. 25
  3. 187
  4. 900
  5. 860
  6. 40
  7. 10
  8. 336
  9. 450
  10. 640
  11. 940
  12. 40
  13. 1500
  14. 30
  15. 1575
  16. 220
  17. 1500
  18. 15
  19. 1792
  20. 1452
  21. 1771
  22. 40
  23. 25
  24. 15
  25. 15
  26. 5
  27. 1680
  28. 1580
  29. 1320
  30. 1680
  31. 120
  32. 40
  33. 15
  34. 1920
  35. 1480
  36. 540
  37. 1760
  38. 1060
  39. 600
  40. 15

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