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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 587 · 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 ₹946, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  2. 2.A study lamp bought for ₹1080 is sold at a loss of 30%. What is the selling price (in ₹)?
  3. 3.A pressure cooker bought for ₹1780 is sold at a loss of 40%. What is the selling price (in ₹)?
  4. 4.By selling a school bag for ₹1380, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a study lamp for ₹880 and sells it for ₹704. Find the loss percent.
  6. 6.By selling a study lamp for ₹832, a shopkeeper makes a profit of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a pair of shoes for ₹1060 and sells it for ₹954. Find the loss percent.
  8. 8.A watch bought for ₹1780 is sold at a loss of 30%. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a school bag for ₹380 and sells it for ₹418. Find the profit percent.
  10. 10.A shopkeeper buys a bicycle for ₹1240 and sells it for ₹1860. Find the profit percent.
  11. 11.A shopkeeper buys a pressure cooker for ₹60 and sells it for ₹63. Find the profit percent.
  12. 12.A watch bought for ₹2000 is sold at a loss of 30%. What is the selling price (in ₹)?
  13. 13.A pair of shoes bought for ₹880 is sold at a loss of 25%. What is the selling price (in ₹)?
  14. 14.By selling a watch for ₹168, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a study lamp for ₹700 and sells it for ₹910. Find the profit percent.
  16. 16.A pair of shoes bought for ₹1300 is sold at a loss of 50%. What is the selling price (in ₹)?
  17. 17.By selling a table fan for ₹627, a shopkeeper makes a loss of 5%. What did the table fan cost the shopkeeper (in ₹)?
  18. 18.A pressure cooker bought for ₹80 is sold at a profit of 5%. What is the selling price (in ₹)?
  19. 19.By selling a cricket bat for ₹1501, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  20. 20.By selling a school bag for ₹1710, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  21. 21.A school bag bought for ₹340 is sold at a profit of 40%. What is the selling price (in ₹)?
  22. 22.By selling a watch for ₹336, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  23. 23.By selling a bicycle for ₹630, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  24. 24.By selling a study lamp for ₹860, a shopkeeper makes a loss of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  25. 25.By selling a pair of shoes for ₹912, a shopkeeper makes a loss of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  26. 26.A cricket bat bought for ₹1400 is sold at a loss of 10%. What is the selling price (in ₹)?
  27. 27.By selling a study lamp for ₹800, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  28. 28.By selling a study lamp for ₹532, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  29. 29.A cricket bat bought for ₹480 is sold at a loss of 50%. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a school bag for ₹1660 and sells it for ₹2158. Find the profit percent.
  31. 31.By selling a study lamp for ₹112, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  32. 32.A shopkeeper buys a table fan for ₹320 and sells it for ₹240. Find the loss percent.
  33. 33.A school bag bought for ₹60 is sold at a profit of 40%. What is the selling price (in ₹)?
  34. 34.A study lamp bought for ₹60 is sold at a loss of 10%. What is the selling price (in ₹)?
  35. 35.By selling a bicycle for ₹784, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  36. 36.A shopkeeper buys a pair of shoes for ₹1660 and sells it for ₹2490. Find the profit percent.
  37. 37.By selling a pressure cooker for ₹1700, a shopkeeper makes a profit of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  38. 38.A shopkeeper buys a school bag for ₹1920 and sells it for ₹1344. Find the loss percent.
  39. 39.A shopkeeper buys a pressure cooker for ₹540 and sells it for ₹513. Find the loss percent.
  40. 40.By selling a bicycle for ₹2080, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 860
  2. 756
  3. 1068
  4. 1840
  5. 20
  6. 640
  7. 10
  8. 1246
  9. 10
  10. 50
  11. 5
  12. 1400
  13. 660
  14. 240
  15. 30
  16. 650
  17. 660
  18. 84
  19. 1580
  20. 1800
  21. 476
  22. 240
  23. 600
  24. 1720
  25. 1140
  26. 1260
  27. 640
  28. 380
  29. 240
  30. 30
  31. 160
  32. 25
  33. 84
  34. 54
  35. 1120
  36. 50
  37. 1360
  38. 30
  39. 5
  40. 1600

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