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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 50 · 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 pair of shoes bought for ₹980 is sold at a profit of 5%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a pair of shoes for ₹740 and sells it for ₹777. Find the profit percent.
  3. 3.By selling a bicycle for ₹374, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  4. 4.By selling a pair of shoes for ₹2970, a shopkeeper makes a profit of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  5. 5.By selling a bicycle for ₹2184, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  6. 6.By selling a school bag for ₹1540, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  7. 7.A watch bought for ₹1340 is sold at a profit of 20%. What is the selling price (in ₹)?
  8. 8.A table fan bought for ₹360 is sold at a profit of 5%. What is the selling price (in ₹)?
  9. 9.A study lamp bought for ₹1580 is sold at a profit of 10%. What is the selling price (in ₹)?
  10. 10.A pressure cooker bought for ₹300 is sold at a profit of 10%. What is the selling price (in ₹)?
  11. 11.By selling a pair of shoes for ₹830, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  12. 12.By selling a pair of shoes for ₹1776, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  13. 13.By selling a study lamp for ₹896, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a pair of shoes for ₹800 and sells it for ₹480. Find the loss percent.
  15. 15.A school bag bought for ₹280 is sold at a profit of 5%. What is the selling price (in ₹)?
  16. 16.A pair of shoes bought for ₹1200 is sold at a profit of 15%. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a bicycle for ₹1260 and sells it for ₹1134. Find the loss percent.
  18. 18.By selling a school bag for ₹416, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  19. 19.By selling a watch for ₹540, a shopkeeper makes a loss of 40%. What did the watch cost the shopkeeper (in ₹)?
  20. 20.A watch bought for ₹300 is sold at a loss of 50%. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a pair of shoes for ₹1280 and sells it for ₹1152. Find the loss percent.
  22. 22.A watch bought for ₹1620 is sold at a profit of 10%. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a pair of shoes for ₹280 and sells it for ₹196. Find the loss percent.
  24. 24.A study lamp bought for ₹300 is sold at a loss of 10%. What is the selling price (in ₹)?
  25. 25.A bicycle bought for ₹120 is sold at a loss of 10%. What is the selling price (in ₹)?
  26. 26.A table fan bought for ₹1880 is sold at a loss of 40%. What is the selling price (in ₹)?
  27. 27.By selling a watch for ₹1512, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  28. 28.A study lamp bought for ₹160 is sold at a profit of 5%. What is the selling price (in ₹)?
  29. 29.A watch bought for ₹420 is sold at a profit of 20%. What is the selling price (in ₹)?
  30. 30.By selling a study lamp for ₹1248, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  31. 31.By selling a table fan for ₹697, a shopkeeper makes a loss of 15%. What did the table fan cost the shopkeeper (in ₹)?
  32. 32.A pressure cooker bought for ₹1280 is sold at a loss of 25%. What is the selling price (in ₹)?
  33. 33.By selling a bicycle for ₹522, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  34. 34.By selling a table fan for ₹770, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  35. 35.A pair of shoes bought for ₹1620 is sold at a profit of 40%. What is the selling price (in ₹)?
  36. 36.A study lamp bought for ₹1920 is sold at a loss of 40%. What is the selling price (in ₹)?
  37. 37.A study lamp bought for ₹200 is sold at a profit of 25%. What is the selling price (in ₹)?
  38. 38.By selling a bicycle for ₹840, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹1568, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.By selling a bicycle for ₹954, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 1029
  2. 5
  3. 440
  4. 1980
  5. 1820
  6. 1400
  7. 1608
  8. 378
  9. 1738
  10. 330
  11. 1660
  12. 1480
  13. 1280
  14. 40
  15. 294
  16. 1380
  17. 10
  18. 520
  19. 900
  20. 150
  21. 10
  22. 1782
  23. 30
  24. 270
  25. 108
  26. 1128
  27. 1260
  28. 168
  29. 504
  30. 1560
  31. 820
  32. 960
  33. 580
  34. 1540
  35. 2268
  36. 1152
  37. 250
  38. 700
  39. 1960
  40. 1060

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