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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 311 · 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 cricket bat bought for ₹1000 is sold at a loss of 30%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a study lamp for ₹600 and sells it for ₹840. Find the profit percent.
  3. 3.By selling a pair of shoes for ₹2184, a shopkeeper makes a profit of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1420 and sells it for ₹1775. Find the profit percent.
  5. 5.A shopkeeper buys a cricket bat for ₹220 and sells it for ₹308. Find the profit percent.
  6. 6.By selling a bicycle for ₹1932, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a pair of shoes for ₹400 and sells it for ₹460. Find the profit percent.
  8. 8.By selling a bicycle for ₹2200, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  9. 9.A shopkeeper buys a pair of shoes for ₹840 and sells it for ₹882. Find the profit percent.
  10. 10.A shopkeeper buys a school bag for ₹380 and sells it for ₹399. Find the profit percent.
  11. 11.A shopkeeper buys a pressure cooker for ₹1120 and sells it for ₹1568. Find the profit percent.
  12. 12.A watch bought for ₹580 is sold at a loss of 30%. What is the selling price (in ₹)?
  13. 13.A study lamp bought for ₹1980 is sold at a loss of 10%. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹840 and sells it for ₹1050. Find the profit percent.
  15. 15.By selling a study lamp for ₹300, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  16. 16.By selling a bicycle for ₹1575, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  17. 17.A bicycle bought for ₹1320 is sold at a loss of 25%. What is the selling price (in ₹)?
  18. 18.By selling a study lamp for ₹1343, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  19. 19.By selling a bicycle for ₹529, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a study lamp for ₹960 and sells it for ₹768. Find the loss percent.
  21. 21.By selling a pressure cooker for ₹2430, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  22. 22.A study lamp bought for ₹780 is sold at a profit of 40%. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a table fan for ₹120 and sells it for ₹168. Find the profit percent.
  24. 24.By selling a bicycle for ₹1800, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  25. 25.By selling a pressure cooker for ₹1900, a shopkeeper makes a profit of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  26. 26.A shopkeeper buys a table fan for ₹1280 and sells it for ₹1600. Find the profit percent.
  27. 27.A shopkeeper buys a pair of shoes for ₹980 and sells it for ₹1225. Find the profit percent.
  28. 28.A cricket bat bought for ₹1160 is sold at a profit of 25%. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a pressure cooker for ₹1800 and sells it for ₹1260. Find the loss percent.
  30. 30.A table fan bought for ₹380 is sold at a profit of 40%. What is the selling price (in ₹)?
  31. 31.By selling a pressure cooker for ₹1311, a shopkeeper makes a loss of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  32. 32.By selling a pressure cooker for ₹180, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a table fan for ₹1600 and sells it for ₹1520. Find the loss percent.
  34. 34.By selling a pair of shoes for ₹247, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  35. 35.A shopkeeper buys a study lamp for ₹680 and sells it for ₹578. Find the loss percent.
  36. 36.A shopkeeper buys a school bag for ₹1720 and sells it for ₹1978. Find the profit percent.
  37. 37.By selling a pressure cooker for ₹105, a shopkeeper makes a loss of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  38. 38.By selling a study lamp for ₹1743, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a pair of shoes for ₹1600 and sells it for ₹1200. Find the loss percent.
  40. 40.A shopkeeper buys a bicycle for ₹1920 and sells it for ₹2496. Find the profit percent.

Answer key

  1. 700
  2. 40
  3. 1680
  4. 25
  5. 40
  6. 1680
  7. 15
  8. 1760
  9. 5
  10. 5
  11. 40
  12. 406
  13. 1782
  14. 25
  15. 240
  16. 1500
  17. 990
  18. 1580
  19. 460
  20. 20
  21. 1620
  22. 1092
  23. 40
  24. 1500
  25. 1520
  26. 25
  27. 25
  28. 1450
  29. 30
  30. 532
  31. 1380
  32. 120
  33. 5
  34. 260
  35. 15
  36. 15
  37. 140
  38. 1660
  39. 25
  40. 30

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