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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 322 · 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 pair of shoes for ₹672, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  2. 2.By selling a pair of shoes for ₹720, a shopkeeper makes a loss of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a pressure cooker for ₹1240 and sells it for ₹1116. Find the loss percent.
  4. 4.A shopkeeper buys a bicycle for ₹1000 and sells it for ₹500. Find the loss percent.
  5. 5.A watch bought for ₹1860 is sold at a loss of 5%. What is the selling price (in ₹)?
  6. 6.A pair of shoes bought for ₹1120 is sold at a profit of 25%. What is the selling price (in ₹)?
  7. 7.By selling a bicycle for ₹2010, a shopkeeper makes a profit of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  8. 8.By selling a pair of shoes for ₹960, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  9. 9.A shopkeeper buys a study lamp for ₹220 and sells it for ₹198. Find the loss percent.
  10. 10.By selling a bicycle for ₹1800, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  11. 11.A table fan bought for ₹1440 is sold at a loss of 25%. What is the selling price (in ₹)?
  12. 12.By selling a watch for ₹867, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  13. 13.By selling a study lamp for ₹1342, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a cricket bat for ₹700 and sells it for ₹840. Find the profit percent.
  15. 15.A watch bought for ₹1200 is sold at a profit of 25%. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a bicycle for ₹1700 and sells it for ₹1955. Find the profit percent.
  17. 17.A shopkeeper buys a watch for ₹140 and sells it for ₹154. Find the profit percent.
  18. 18.By selling a school bag for ₹345, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a pressure cooker for ₹1180 and sells it for ₹1416. Find the profit percent.
  20. 20.A school bag bought for ₹560 is sold at a profit of 20%. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a bicycle for ₹1600 and sells it for ₹800. Find the loss percent.
  22. 22.By selling a cricket bat for ₹418, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  23. 23.By selling a study lamp for ₹544, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  24. 24.By selling a pressure cooker for ₹896, a shopkeeper makes a profit of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  25. 25.By selling a pressure cooker for ₹1128, a shopkeeper makes a profit of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  26. 26.A shopkeeper buys a pair of shoes for ₹1380 and sells it for ₹1242. Find the loss percent.
  27. 27.A shopkeeper buys a bicycle for ₹1380 and sells it for ₹1725. Find the profit percent.
  28. 28.A bicycle bought for ₹980 is sold at a loss of 50%. What is the selling price (in ₹)?
  29. 29.By selling a watch for ₹1602, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  30. 30.By selling a bicycle for ₹1800, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  31. 31.By selling a school bag for ₹144, a shopkeeper makes a loss of 40%. What did the school bag cost the shopkeeper (in ₹)?
  32. 32.A school bag bought for ₹1420 is sold at a profit of 25%. What is the selling price (in ₹)?
  33. 33.By selling a watch for ₹1596, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a pressure cooker for ₹260 and sells it for ₹195. Find the loss percent.
  35. 35.By selling a watch for ₹1863, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.A shopkeeper buys a study lamp for ₹80 and sells it for ₹76. Find the loss percent.
  37. 37.A shopkeeper buys a school bag for ₹1280 and sells it for ₹1088. Find the loss percent.
  38. 38.By selling a pressure cooker for ₹546, a shopkeeper makes a profit of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹420, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.By selling a watch for ₹1560, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?

Answer key

  1. 480
  2. 900
  3. 10
  4. 50
  5. 1767
  6. 1400
  7. 1340
  8. 800
  9. 10
  10. 1440
  11. 1080
  12. 1020
  13. 1220
  14. 20
  15. 1500
  16. 15
  17. 10
  18. 460
  19. 20
  20. 672
  21. 50
  22. 440
  23. 680
  24. 640
  25. 940
  26. 10
  27. 25
  28. 490
  29. 1780
  30. 2000
  31. 240
  32. 1775
  33. 1680
  34. 25
  35. 1620
  36. 5
  37. 15
  38. 420
  39. 300
  40. 1300

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