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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 339 · 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 shopkeeper buys a study lamp for ₹980 and sells it for ₹1372. Find the profit percent.
  2. 2.By selling a watch for ₹80, a shopkeeper makes a loss of 20%. What did the watch cost the shopkeeper (in ₹)?
  3. 3.By selling a cricket bat for ₹1800, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a study lamp for ₹1220 and sells it for ₹1403. Find the profit percent.
  5. 5.A pair of shoes bought for ₹180 is sold at a profit of 10%. What is the selling price (in ₹)?
  6. 6.By selling a bicycle for ₹100, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.A table fan bought for ₹1660 is sold at a profit of 50%. What is the selling price (in ₹)?
  8. 8.A school bag bought for ₹560 is sold at a profit of 30%. What is the selling price (in ₹)?
  9. 9.A pressure cooker bought for ₹1460 is sold at a profit of 20%. What is the selling price (in ₹)?
  10. 10.By selling a cricket bat for ₹648, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.By selling a cricket bat for ₹2093, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  12. 12.A school bag bought for ₹300 is sold at a profit of 5%. What is the selling price (in ₹)?
  13. 13.By selling a table fan for ₹988, a shopkeeper makes a loss of 5%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.A school bag bought for ₹1960 is sold at a profit of 10%. What is the selling price (in ₹)?
  15. 15.A pair of shoes bought for ₹1260 is sold at a profit of 50%. What is the selling price (in ₹)?
  16. 16.By selling a watch for ₹2072, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a cricket bat for ₹460 and sells it for ₹230. Find the loss percent.
  18. 18.By selling a school bag for ₹826, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a bicycle for ₹540 and sells it for ₹513. Find the loss percent.
  20. 20.A watch bought for ₹1180 is sold at a loss of 30%. What is the selling price (in ₹)?
  21. 21.A table fan bought for ₹1440 is sold at a loss of 50%. What is the selling price (in ₹)?
  22. 22.A pressure cooker bought for ₹900 is sold at a loss of 10%. What is the selling price (in ₹)?
  23. 23.By selling a pressure cooker for ₹70, a shopkeeper makes a loss of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  24. 24.A shopkeeper buys a pressure cooker for ₹240 and sells it for ₹252. Find the profit percent.
  25. 25.By selling a table fan for ₹784, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  26. 26.By selling a bicycle for ₹1215, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  27. 27.By selling a table fan for ₹1344, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  28. 28.A bicycle bought for ₹560 is sold at a loss of 40%. What is the selling price (in ₹)?
  29. 29.By selling a study lamp for ₹1512, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  30. 30.By selling a study lamp for ₹1564, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  31. 31.A table fan bought for ₹1500 is sold at a profit of 40%. What is the selling price (in ₹)?
  32. 32.By selling a cricket bat for ₹470, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  33. 33.A bicycle bought for ₹1580 is sold at a loss of 10%. What is the selling price (in ₹)?
  34. 34.A school bag bought for ₹1320 is sold at a profit of 25%. What is the selling price (in ₹)?
  35. 35.By selling a cricket bat for ₹1776, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  36. 36.By selling a school bag for ₹970, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  37. 37.By selling a study lamp for ₹350, a shopkeeper makes a loss of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  38. 38.A table fan bought for ₹380 is sold at a profit of 50%. What is the selling price (in ₹)?
  39. 39.By selling a school bag for ₹1170, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  40. 40.By selling a watch for ₹1058, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?

Answer key

  1. 40
  2. 100
  3. 2000
  4. 15
  5. 198
  6. 80
  7. 2490
  8. 728
  9. 1752
  10. 720
  11. 1820
  12. 315
  13. 1040
  14. 2156
  15. 1890
  16. 1480
  17. 50
  18. 1180
  19. 5
  20. 826
  21. 720
  22. 810
  23. 140
  24. 5
  25. 980
  26. 1620
  27. 1920
  28. 336
  29. 1080
  30. 1360
  31. 2100
  32. 940
  33. 1422
  34. 1650
  35. 1480
  36. 1940
  37. 700
  38. 570
  39. 1300
  40. 920

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