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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 567 · 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 cricket bat bought for ₹1320 is sold at a profit of 5%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a study lamp for ₹400 and sells it for ₹380. Find the loss percent.
  3. 3.A shopkeeper buys a bicycle for ₹1800 and sells it for ₹1080. Find the loss percent.
  4. 4.By selling a school bag for ₹2300, a shopkeeper makes a profit of 25%. What did the school bag cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a pair of shoes for ₹100 and sells it for ₹90. Find the loss percent.
  6. 6.By selling a bicycle for ₹437, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a table fan for ₹520 and sells it for ₹780. Find the profit percent.
  8. 8.A shopkeeper buys a school bag for ₹340 and sells it for ₹391. Find the profit percent.
  9. 9.A shopkeeper buys a pressure cooker for ₹360 and sells it for ₹396. Find the profit percent.
  10. 10.By selling a school bag for ₹1218, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  11. 11.By selling a pair of shoes for ₹798, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  12. 12.By selling a study lamp for ₹506, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  13. 13.A shopkeeper buys a pressure cooker for ₹1940 and sells it for ₹2037. Find the profit percent.
  14. 14.By selling a watch for ₹255, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  15. 15.By selling a bicycle for ₹1830, a shopkeeper makes a profit of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  16. 16.By selling a bicycle for ₹658, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  17. 17.By selling a study lamp for ₹1200, a shopkeeper makes a profit of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  18. 18.By selling a watch for ₹750, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  19. 19.A watch bought for ₹1760 is sold at a loss of 50%. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a school bag for ₹560 and sells it for ₹532. Find the loss percent.
  21. 21.By selling a pressure cooker for ₹567, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  22. 22.A shopkeeper buys a cricket bat for ₹1220 and sells it for ₹1037. Find the loss percent.
  23. 23.By selling a study lamp for ₹1463, a shopkeeper makes a loss of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  24. 24.A shopkeeper buys a table fan for ₹460 and sells it for ₹552. Find the profit percent.
  25. 25.By selling a study lamp for ₹532, a shopkeeper makes a loss of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  26. 26.A table fan bought for ₹1940 is sold at a loss of 15%. What is the selling price (in ₹)?
  27. 27.By selling a watch for ₹696, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  28. 28.By selling a watch for ₹1241, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  29. 29.A pressure cooker bought for ₹400 is sold at a loss of 5%. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a pair of shoes for ₹1940 and sells it for ₹1358. Find the loss percent.
  31. 31.A shopkeeper buys a watch for ₹720 and sells it for ₹540. Find the loss percent.
  32. 32.A shopkeeper buys a school bag for ₹1860 and sells it for ₹2046. Find the profit percent.
  33. 33.By selling a table fan for ₹840, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  34. 34.By selling a school bag for ₹736, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  35. 35.A shopkeeper buys a bicycle for ₹1200 and sells it for ₹1320. Find the profit percent.
  36. 36.By selling a school bag for ₹240, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  37. 37.A bicycle bought for ₹500 is sold at a profit of 40%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a pair of shoes for ₹1860 and sells it for ₹930. Find the loss percent.
  39. 39.A shopkeeper buys a watch for ₹620 and sells it for ₹775. Find the profit percent.
  40. 40.A shopkeeper buys a bicycle for ₹1580 and sells it for ₹1422. Find the loss percent.

Answer key

  1. 1386
  2. 5
  3. 40
  4. 1840
  5. 10
  6. 380
  7. 50
  8. 15
  9. 10
  10. 1160
  11. 840
  12. 440
  13. 5
  14. 340
  15. 1220
  16. 940
  17. 1000
  18. 600
  19. 880
  20. 5
  21. 540
  22. 15
  23. 1540
  24. 20
  25. 560
  26. 1649
  27. 580
  28. 1460
  29. 380
  30. 30
  31. 25
  32. 10
  33. 1200
  34. 920
  35. 10
  36. 320
  37. 700
  38. 50
  39. 25
  40. 10

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