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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 419 · 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 study lamp for ₹2058, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  2. 2.A watch bought for ₹1300 is sold at a profit of 10%. What is the selling price (in ₹)?
  3. 3.By selling a bicycle for ₹696, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  4. 4.By selling a watch for ₹1679, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a pair of shoes for ₹540 and sells it for ₹405. Find the loss percent.
  6. 6.By selling a pair of shoes for ₹504, a shopkeeper makes a loss of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  7. 7.By selling a watch for ₹392, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  8. 8.By selling a school bag for ₹1360, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  9. 9.By selling a school bag for ₹504, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  10. 10.A pair of shoes bought for ₹980 is sold at a profit of 5%. What is the selling price (in ₹)?
  11. 11.By selling a pressure cooker for ₹480, a shopkeeper makes a profit of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a study lamp for ₹580 and sells it for ₹754. Find the profit percent.
  13. 13.By selling a study lamp for ₹570, a shopkeeper makes a loss of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  14. 14.By selling a table fan for ₹975, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  15. 15.By selling a pair of shoes for ₹200, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a pressure cooker for ₹1740 and sells it for ₹1305. Find the loss percent.
  17. 17.A shopkeeper buys a school bag for ₹100 and sells it for ₹75. Find the loss percent.
  18. 18.A bicycle bought for ₹1560 is sold at a profit of 10%. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹780 is sold at a loss of 40%. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cricket bat for ₹320 and sells it for ₹384. Find the profit percent.
  21. 21.A shopkeeper buys a watch for ₹340 and sells it for ₹323. Find the loss percent.
  22. 22.A shopkeeper buys a table fan for ₹100 and sells it for ₹130. Find the profit percent.
  23. 23.By selling a school bag for ₹510, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  24. 24.A cricket bat bought for ₹1940 is sold at a profit of 40%. What is the selling price (in ₹)?
  25. 25.A study lamp bought for ₹1040 is sold at a loss of 20%. What is the selling price (in ₹)?
  26. 26.By selling a pair of shoes for ₹1898, a shopkeeper makes a profit of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  27. 27.By selling a cricket bat for ₹1620, a shopkeeper makes a profit of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  28. 28.By selling a table fan for ₹399, a shopkeeper makes a loss of 5%. What did the table fan cost the shopkeeper (in ₹)?
  29. 29.A bicycle bought for ₹280 is sold at a loss of 40%. What is the selling price (in ₹)?
  30. 30.By selling a pair of shoes for ₹150, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  31. 31.By selling a watch for ₹1560, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  32. 32.A shopkeeper buys a school bag for ₹320 and sells it for ₹288. Find the loss percent.
  33. 33.By selling a cricket bat for ₹255, a shopkeeper makes a loss of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  34. 34.A watch bought for ₹1940 is sold at a profit of 5%. What is the selling price (in ₹)?
  35. 35.By selling a study lamp for ₹992, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  36. 36.A bicycle bought for ₹1980 is sold at a loss of 10%. What is the selling price (in ₹)?
  37. 37.By selling a bicycle for ₹231, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  38. 38.By selling a cricket bat for ₹525, a shopkeeper makes a loss of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹1140 and sells it for ₹1254. Find the profit percent.
  40. 40.A cricket bat bought for ₹800 is sold at a loss of 40%. What is the selling price (in ₹)?

Answer key

  1. 1960
  2. 1430
  3. 580
  4. 1460
  5. 25
  6. 560
  7. 560
  8. 1700
  9. 720
  10. 1029
  11. 400
  12. 30
  13. 760
  14. 780
  15. 400
  16. 25
  17. 25
  18. 1716
  19. 468
  20. 20
  21. 5
  22. 30
  23. 1020
  24. 2716
  25. 832
  26. 1460
  27. 1080
  28. 420
  29. 168
  30. 300
  31. 1200
  32. 10
  33. 340
  34. 2037
  35. 1240
  36. 1782
  37. 220
  38. 700
  39. 10
  40. 480

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