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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 552 · 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 ₹1500, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.By selling a study lamp for ₹950, a shopkeeper makes a loss of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  3. 3.By selling a study lamp for ₹288, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1640 and sells it for ₹1722. Find the profit percent.
  5. 5.By selling a table fan for ₹1428, a shopkeeper makes a profit of 40%. What did the table fan cost the shopkeeper (in ₹)?
  6. 6.By selling a study lamp for ₹1392, a shopkeeper makes a profit of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  7. 7.By selling a bicycle for ₹270, a shopkeeper makes a profit of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  8. 8.A watch bought for ₹1940 is sold at a profit of 50%. What is the selling price (in ₹)?
  9. 9.By selling a school bag for ₹378, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  10. 10.A shopkeeper buys a table fan for ₹640 and sells it for ₹480. Find the loss percent.
  11. 11.A shopkeeper buys a watch for ₹1080 and sells it for ₹810. Find the loss percent.
  12. 12.A shopkeeper buys a cricket bat for ₹1720 and sells it for ₹2236. Find the profit percent.
  13. 13.A shopkeeper buys a pair of shoes for ₹60 and sells it for ₹78. Find the profit percent.
  14. 14.By selling a pressure cooker for ₹2250, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a study lamp for ₹480 and sells it for ₹720. Find the profit percent.
  16. 16.By selling a pair of shoes for ₹272, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  17. 17.A cricket bat bought for ₹820 is sold at a loss of 10%. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a table fan for ₹1040 and sells it for ₹1092. Find the profit percent.
  19. 19.By selling a pressure cooker for ₹924, a shopkeeper makes a profit of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  20. 20.By selling a school bag for ₹228, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  21. 21.By selling a study lamp for ₹1540, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  22. 22.By selling a school bag for ₹1428, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  23. 23.A shopkeeper buys a table fan for ₹1320 and sells it for ₹1716. Find the profit percent.
  24. 24.A watch bought for ₹700 is sold at a profit of 10%. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a pressure cooker for ₹580 and sells it for ₹725. Find the profit percent.
  26. 26.By selling a pressure cooker for ₹902, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  27. 27.By selling a bicycle for ₹1312, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  28. 28.A shopkeeper buys a bicycle for ₹660 and sells it for ₹792. Find the profit percent.
  29. 29.A table fan bought for ₹1080 is sold at a loss of 30%. What is the selling price (in ₹)?
  30. 30.A school bag bought for ₹380 is sold at a loss of 20%. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a pressure cooker for ₹1420 and sells it for ₹1846. Find the profit percent.
  32. 32.A shopkeeper buys a study lamp for ₹740 and sells it for ₹814. Find the profit percent.
  33. 33.By selling a watch for ₹1080, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  34. 34.By selling a pressure cooker for ₹665, a shopkeeper makes a loss of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.By selling a pressure cooker for ₹2047, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  36. 36.By selling a pair of shoes for ₹1440, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  37. 37.By selling a cricket bat for ₹266, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  38. 38.A shopkeeper buys a cricket bat for ₹340 and sells it for ₹255. Find the loss percent.
  39. 39.A shopkeeper buys a pair of shoes for ₹1400 and sells it for ₹700. Find the loss percent.
  40. 40.By selling a bicycle for ₹1386, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 1200
  2. 1000
  3. 320
  4. 5
  5. 1020
  6. 1160
  7. 180
  8. 2910
  9. 420
  10. 25
  11. 25
  12. 30
  13. 30
  14. 1500
  15. 50
  16. 320
  17. 738
  18. 5
  19. 660
  20. 240
  21. 1400
  22. 1360
  23. 30
  24. 770
  25. 25
  26. 820
  27. 1640
  28. 20
  29. 756
  30. 304
  31. 30
  32. 10
  33. 900
  34. 700
  35. 1780
  36. 1200
  37. 380
  38. 25
  39. 50
  40. 1320

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