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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 533 · 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.By selling a pair of shoes for ₹66, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  2. 2.By selling a cricket bat for ₹1746, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  3. 3.A bicycle bought for ₹500 is sold at a profit of 10%. What is the selling price (in ₹)?
  4. 4.A pair of shoes bought for ₹760 is sold at a profit of 25%. What is the selling price (in ₹)?
  5. 5.By selling a pair of shoes for ₹2158, a shopkeeper makes a profit of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a school bag for ₹1120 and sells it for ₹1680. Find the profit percent.
  7. 7.By selling a cricket bat for ₹1496, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  8. 8.By selling a bicycle for ₹2080, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  9. 9.By selling a school bag for ₹558, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  10. 10.By selling a pressure cooker for ₹612, a shopkeeper makes a loss of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  11. 11.A table fan bought for ₹360 is sold at a loss of 10%. What is the selling price (in ₹)?
  12. 12.A pair of shoes bought for ₹1560 is sold at a profit of 10%. What is the selling price (in ₹)?
  13. 13.A school bag bought for ₹200 is sold at a loss of 10%. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a study lamp for ₹1080 and sells it for ₹864. Find the loss percent.
  15. 15.A bicycle bought for ₹80 is sold at a profit of 20%. What is the selling price (in ₹)?
  16. 16.By selling a table fan for ₹819, a shopkeeper makes a profit of 5%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.By selling a cricket bat for ₹896, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  18. 18.A school bag bought for ₹480 is sold at a loss of 50%. What is the selling price (in ₹)?
  19. 19.A cricket bat bought for ₹1740 is sold at a loss of 30%. What is the selling price (in ₹)?
  20. 20.By selling a cricket bat for ₹1122, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  21. 21.By selling a study lamp for ₹1472, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  22. 22.By selling a table fan for ₹465, a shopkeeper makes a loss of 25%. What did the table fan cost the shopkeeper (in ₹)?
  23. 23.A pair of shoes bought for ₹900 is sold at a profit of 40%. What is the selling price (in ₹)?
  24. 24.By selling a watch for ₹513, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  25. 25.A shopkeeper buys a table fan for ₹1140 and sells it for ₹1482. Find the profit percent.
  26. 26.A shopkeeper buys a cricket bat for ₹1920 and sells it for ₹1440. Find the loss percent.
  27. 27.A shopkeeper buys a pair of shoes for ₹1160 and sells it for ₹1218. Find the profit percent.
  28. 28.A watch bought for ₹680 is sold at a loss of 20%. What is the selling price (in ₹)?
  29. 29.By selling a cricket bat for ₹924, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  30. 30.By selling a bicycle for ₹672, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  31. 31.By selling a bicycle for ₹390, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.A watch bought for ₹1780 is sold at a loss of 25%. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a school bag for ₹460 and sells it for ₹391. Find the loss percent.
  34. 34.By selling a watch for ₹1558, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  35. 35.A shopkeeper buys a school bag for ₹1180 and sells it for ₹708. Find the loss percent.
  36. 36.By selling a bicycle for ₹744, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  37. 37.A shopkeeper buys a school bag for ₹940 and sells it for ₹1222. Find the profit percent.
  38. 38.By selling a bicycle for ₹323, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  39. 39.By selling a pressure cooker for ₹1136, a shopkeeper makes a loss of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  40. 40.A school bag bought for ₹400 is sold at a profit of 5%. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 1940
  3. 550
  4. 950
  5. 1660
  6. 50
  7. 1360
  8. 1600
  9. 620
  10. 1020
  11. 324
  12. 1716
  13. 180
  14. 20
  15. 96
  16. 780
  17. 1280
  18. 240
  19. 1218
  20. 1320
  21. 1280
  22. 620
  23. 1260
  24. 540
  25. 30
  26. 25
  27. 5
  28. 544
  29. 840
  30. 480
  31. 520
  32. 1335
  33. 15
  34. 1640
  35. 40
  36. 620
  37. 30
  38. 380
  39. 1420
  40. 420

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