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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 501 · 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 pressure cooker for ₹1720 and sells it for ₹2150. Find the profit percent.
  2. 2.By selling a bicycle for ₹1988, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹260 and sells it for ₹221. Find the loss percent.
  4. 4.A school bag bought for ₹840 is sold at a profit of 15%. What is the selling price (in ₹)?
  5. 5.A pair of shoes bought for ₹380 is sold at a profit of 5%. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a study lamp for ₹320 and sells it for ₹368. Find the profit percent.
  7. 7.By selling a school bag for ₹1235, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹1040 and sells it for ₹1144. Find the profit percent.
  9. 9.A shopkeeper buys a study lamp for ₹1480 and sells it for ₹2072. Find the profit percent.
  10. 10.A pair of shoes bought for ₹2000 is sold at a loss of 15%. What is the selling price (in ₹)?
  11. 11.By selling a table fan for ₹846, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  12. 12.By selling a study lamp for ₹480, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  13. 13.A pressure cooker bought for ₹1720 is sold at a loss of 10%. What is the selling price (in ₹)?
  14. 14.By selling a bicycle for ₹48, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  15. 15.A school bag bought for ₹380 is sold at a loss of 50%. What is the selling price (in ₹)?
  16. 16.By selling a pair of shoes for ₹2150, a shopkeeper makes a profit of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  17. 17.By selling a watch for ₹154, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  18. 18.A table fan bought for ₹260 is sold at a loss of 5%. What is the selling price (in ₹)?
  19. 19.By selling a cricket bat for ₹182, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  20. 20.By selling a bicycle for ₹390, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  21. 21.A bicycle bought for ₹1560 is sold at a profit of 40%. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cricket bat for ₹1640 and sells it for ₹984. Find the loss percent.
  23. 23.By selling a study lamp for ₹950, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  24. 24.By selling a school bag for ₹1110, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  25. 25.A pressure cooker bought for ₹1040 is sold at a profit of 40%. What is the selling price (in ₹)?
  26. 26.A table fan bought for ₹1100 is sold at a loss of 40%. What is the selling price (in ₹)?
  27. 27.A pair of shoes bought for ₹1980 is sold at a loss of 30%. What is the selling price (in ₹)?
  28. 28.By selling a study lamp for ₹308, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  29. 29.By selling a watch for ₹700, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  30. 30.By selling a cricket bat for ₹918, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  31. 31.By selling a bicycle for ₹1513, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.A pair of shoes bought for ₹980 is sold at a loss of 30%. What is the selling price (in ₹)?
  33. 33.By selling a school bag for ₹2790, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  34. 34.By selling a pressure cooker for ₹504, a shopkeeper makes a loss of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.A cricket bat bought for ₹1600 is sold at a loss of 10%. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a school bag for ₹1520 and sells it for ₹2128. Find the profit percent.
  37. 37.A study lamp bought for ₹240 is sold at a profit of 15%. What is the selling price (in ₹)?
  38. 38.By selling a bicycle for ₹589, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a study lamp for ₹300 and sells it for ₹225. Find the loss percent.
  40. 40.By selling a bicycle for ₹304, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 25
  2. 1420
  3. 15
  4. 966
  5. 399
  6. 15
  7. 1300
  8. 10
  9. 40
  10. 1700
  11. 940
  12. 600
  13. 1548
  14. 80
  15. 190
  16. 1720
  17. 140
  18. 247
  19. 260
  20. 520
  21. 2184
  22. 40
  23. 760
  24. 1480
  25. 1456
  26. 660
  27. 1386
  28. 280
  29. 1000
  30. 1020
  31. 1780
  32. 686
  33. 1860
  34. 720
  35. 1440
  36. 40
  37. 276
  38. 620
  39. 25
  40. 320

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