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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 344 · 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 bicycle for ₹940 and sells it for ₹893. Find the loss percent.
  2. 2.By selling a table fan for ₹600, a shopkeeper makes a profit of 20%. What did the table fan cost the shopkeeper (in ₹)?
  3. 3.A study lamp bought for ₹620 is sold at a loss of 5%. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1160 and sells it for ₹1508. Find the profit percent.
  5. 5.By selling a pressure cooker for ₹966, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  6. 6.By selling a school bag for ₹2072, a shopkeeper makes a profit of 40%. What did the school bag cost the shopkeeper (in ₹)?
  7. 7.A watch bought for ₹80 is sold at a loss of 30%. What is the selling price (in ₹)?
  8. 8.By selling a school bag for ₹310, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹260 and sells it for ₹221. Find the loss percent.
  10. 10.By selling a pressure cooker for ₹900, a shopkeeper makes a loss of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  11. 11.A study lamp bought for ₹280 is sold at a profit of 25%. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a pressure cooker for ₹580 and sells it for ₹551. Find the loss percent.
  13. 13.By selling a pair of shoes for ₹1936, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  14. 14.A bicycle bought for ₹400 is sold at a loss of 20%. What is the selling price (in ₹)?
  15. 15.A school bag bought for ₹1500 is sold at a profit of 20%. What is the selling price (in ₹)?
  16. 16.By selling a table fan for ₹1504, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.By selling a cricket bat for ₹875, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a school bag for ₹1500 and sells it for ₹1650. Find the profit percent.
  19. 19.A table fan bought for ₹840 is sold at a loss of 10%. What is the selling price (in ₹)?
  20. 20.By selling a watch for ₹231, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  21. 21.By selling a school bag for ₹2044, a shopkeeper makes a profit of 40%. What did the school bag cost the shopkeeper (in ₹)?
  22. 22.By selling a pair of shoes for ₹1659, a shopkeeper makes a profit of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  23. 23.By selling a watch for ₹2184, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  24. 24.By selling a study lamp for ₹2100, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  25. 25.A table fan bought for ₹780 is sold at a profit of 40%. What is the selling price (in ₹)?
  26. 26.A table fan bought for ₹1640 is sold at a profit of 15%. What is the selling price (in ₹)?
  27. 27.By selling a bicycle for ₹726, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  28. 28.A shopkeeper buys a study lamp for ₹1600 and sells it for ₹1920. Find the profit percent.
  29. 29.A shopkeeper buys a bicycle for ₹1220 and sells it for ₹976. Find the loss percent.
  30. 30.By selling a watch for ₹110, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  31. 31.By selling a school bag for ₹1470, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  32. 32.A study lamp bought for ₹1360 is sold at a loss of 10%. What is the selling price (in ₹)?
  33. 33.By selling a bicycle for ₹2040, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a cricket bat for ₹1800 and sells it for ₹2160. Find the profit percent.
  35. 35.By selling a watch for ₹105, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.By selling a study lamp for ₹2200, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  37. 37.A cricket bat bought for ₹1720 is sold at a loss of 5%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cricket bat for ₹800 and sells it for ₹680. Find the loss percent.
  39. 39.By selling a study lamp for ₹580, a shopkeeper makes a loss of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹940 and sells it for ₹893. Find the loss percent.

Answer key

  1. 5
  2. 500
  3. 589
  4. 30
  5. 840
  6. 1480
  7. 56
  8. 620
  9. 15
  10. 1000
  11. 350
  12. 5
  13. 1760
  14. 320
  15. 1800
  16. 1880
  17. 700
  18. 10
  19. 756
  20. 220
  21. 1460
  22. 1580
  23. 1680
  24. 1500
  25. 1092
  26. 1886
  27. 660
  28. 20
  29. 20
  30. 220
  31. 1400
  32. 1224
  33. 1700
  34. 20
  35. 100
  36. 2000
  37. 1634
  38. 15
  39. 1160
  40. 5

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