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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 535 · 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 cricket bat for ₹312, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.A bicycle bought for ₹1240 is sold at a loss of 10%. What is the selling price (in ₹)?
  3. 3.A pressure cooker bought for ₹1960 is sold at a loss of 40%. What is the selling price (in ₹)?
  4. 4.By selling a watch for ₹1564, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  5. 5.By selling a cricket bat for ₹1081, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  6. 6.A study lamp bought for ₹1400 is sold at a loss of 30%. What is the selling price (in ₹)?
  7. 7.A study lamp bought for ₹1400 is sold at a loss of 5%. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a bicycle for ₹160 and sells it for ₹224. Find the profit percent.
  9. 9.By selling a watch for ₹325, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  10. 10.A pair of shoes bought for ₹1320 is sold at a profit of 40%. What is the selling price (in ₹)?
  11. 11.A table fan bought for ₹1180 is sold at a profit of 20%. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a pressure cooker for ₹420 and sells it for ₹294. Find the loss percent.
  13. 13.By selling a table fan for ₹600, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a bicycle for ₹1420 and sells it for ₹1775. Find the profit percent.
  15. 15.By selling a bicycle for ₹558, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹1660 and sells it for ₹2075. Find the profit percent.
  17. 17.A shopkeeper buys a bicycle for ₹1000 and sells it for ₹1250. Find the profit percent.
  18. 18.By selling a pair of shoes for ₹994, a shopkeeper makes a loss of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  19. 19.By selling a bicycle for ₹1260, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a bicycle for ₹460 and sells it for ₹414. Find the loss percent.
  21. 21.By selling a pressure cooker for ₹1584, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  22. 22.A school bag bought for ₹1340 is sold at a loss of 25%. What is the selling price (in ₹)?
  23. 23.A table fan bought for ₹500 is sold at a profit of 15%. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a pressure cooker for ₹640 and sells it for ₹608. Find the loss percent.
  25. 25.By selling a table fan for ₹408, a shopkeeper makes a profit of 20%. What did the table fan cost the shopkeeper (in ₹)?
  26. 26.By selling a table fan for ₹736, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  27. 27.A watch bought for ₹1080 is sold at a profit of 15%. What is the selling price (in ₹)?
  28. 28.By selling a study lamp for ₹570, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹320 and sells it for ₹224. Find the loss percent.
  30. 30.By selling a cricket bat for ₹290, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  31. 31.A bicycle bought for ₹180 is sold at a profit of 50%. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a table fan for ₹1340 and sells it for ₹804. Find the loss percent.
  33. 33.By selling a cricket bat for ₹480, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  34. 34.By selling a watch for ₹660, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  35. 35.By selling a study lamp for ₹1568, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  36. 36.By selling a cricket bat for ₹2492, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  37. 37.By selling a table fan for ₹1826, a shopkeeper makes a profit of 10%. What did the table fan cost the shopkeeper (in ₹)?
  38. 38.A cricket bat bought for ₹700 is sold at a profit of 10%. What is the selling price (in ₹)?
  39. 39.By selling a study lamp for ₹644, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  40. 40.A pair of shoes bought for ₹700 is sold at a profit of 10%. What is the selling price (in ₹)?

Answer key

  1. 260
  2. 1116
  3. 1176
  4. 1360
  5. 940
  6. 980
  7. 1330
  8. 40
  9. 260
  10. 1848
  11. 1416
  12. 30
  13. 480
  14. 25
  15. 620
  16. 25
  17. 25
  18. 1420
  19. 1200
  20. 10
  21. 1440
  22. 1005
  23. 575
  24. 5
  25. 340
  26. 920
  27. 1242
  28. 380
  29. 30
  30. 580
  31. 270
  32. 40
  33. 400
  34. 880
  35. 1120
  36. 1780
  37. 1660
  38. 770
  39. 560
  40. 770

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