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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 537 · 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 bicycle for ₹840 and sells it for ₹1050. Find the profit percent.
  2. 2.By selling a bicycle for ₹945, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a study lamp for ₹1180 and sells it for ₹590. Find the loss percent.
  4. 4.By selling a watch for ₹1335, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  5. 5.By selling a study lamp for ₹1344, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.By selling a bicycle for ₹551, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.By selling a pair of shoes for ₹1200, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  8. 8.By selling a cricket bat for ₹1050, a shopkeeper makes a profit of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  9. 9.By selling a school bag for ₹1075, a shopkeeper makes a profit of 25%. What did the school bag cost the shopkeeper (in ₹)?
  10. 10.A shopkeeper buys a bicycle for ₹580 and sells it for ₹696. Find the profit percent.
  11. 11.A shopkeeper buys a watch for ₹200 and sells it for ₹140. Find the loss percent.
  12. 12.A shopkeeper buys a study lamp for ₹240 and sells it for ₹204. Find the loss percent.
  13. 13.A shopkeeper buys a school bag for ₹560 and sells it for ₹336. Find the loss percent.
  14. 14.A pair of shoes bought for ₹180 is sold at a profit of 5%. What is the selling price (in ₹)?
  15. 15.By selling a study lamp for ₹416, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹520 and sells it for ₹780. Find the profit percent.
  17. 17.A pair of shoes bought for ₹1940 is sold at a loss of 40%. What is the selling price (in ₹)?
  18. 18.By selling a table fan for ₹750, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  19. 19.A table fan bought for ₹360 is sold at a loss of 10%. What is the selling price (in ₹)?
  20. 20.A pair of shoes bought for ₹400 is sold at a profit of 10%. What is the selling price (in ₹)?
  21. 21.By selling a bicycle for ₹728, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  22. 22.By selling a study lamp for ₹1323, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  23. 23.By selling a school bag for ₹2490, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  24. 24.By selling a watch for ₹266, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  25. 25.By selling a watch for ₹1932, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  26. 26.A watch bought for ₹1200 is sold at a profit of 40%. What is the selling price (in ₹)?
  27. 27.A pressure cooker bought for ₹60 is sold at a loss of 20%. What is the selling price (in ₹)?
  28. 28.By selling a school bag for ₹990, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  29. 29.By selling a watch for ₹910, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  30. 30.A shopkeeper buys a bicycle for ₹940 and sells it for ₹799. Find the loss percent.
  31. 31.By selling a table fan for ₹400, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  32. 32.By selling a bicycle for ₹342, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a table fan for ₹960 and sells it for ₹1344. Find the profit percent.
  34. 34.By selling a pressure cooker for ₹1680, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.By selling a bicycle for ₹418, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  36. 36.By selling a study lamp for ₹492, a shopkeeper makes a loss of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  37. 37.A school bag bought for ₹1840 is sold at a loss of 20%. What is the selling price (in ₹)?
  38. 38.A pressure cooker bought for ₹1280 is sold at a profit of 10%. What is the selling price (in ₹)?
  39. 39.A pressure cooker bought for ₹1480 is sold at a profit of 20%. What is the selling price (in ₹)?
  40. 40.By selling a pair of shoes for ₹1080, a shopkeeper makes a profit of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?

Answer key

  1. 25
  2. 900
  3. 50
  4. 1780
  5. 1680
  6. 580
  7. 1000
  8. 1000
  9. 860
  10. 20
  11. 30
  12. 15
  13. 40
  14. 189
  15. 520
  16. 50
  17. 1164
  18. 1500
  19. 324
  20. 440
  21. 520
  22. 1260
  23. 1660
  24. 280
  25. 1840
  26. 1680
  27. 48
  28. 1320
  29. 1820
  30. 15
  31. 500
  32. 360
  33. 40
  34. 1600
  35. 440
  36. 820
  37. 1472
  38. 1408
  39. 1776
  40. 720

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