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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 598 · 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 study lamp for ₹1000 and sells it for ₹900. Find the loss percent.
  2. 2.A shopkeeper buys a pair of shoes for ₹320 and sells it for ₹416. Find the profit percent.
  3. 3.A shopkeeper buys a bicycle for ₹1980 and sells it for ₹2178. Find the profit percent.
  4. 4.A bicycle bought for ₹500 is sold at a loss of 20%. What is the selling price (in ₹)?
  5. 5.A table fan bought for ₹240 is sold at a profit of 5%. What is the selling price (in ₹)?
  6. 6.By selling a watch for ₹1176, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.A study lamp bought for ₹120 is sold at a profit of 20%. What is the selling price (in ₹)?
  8. 8.A pair of shoes bought for ₹1040 is sold at a loss of 25%. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a pressure cooker for ₹240 and sells it for ₹276. Find the profit percent.
  10. 10.By selling a school bag for ₹496, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a pressure cooker for ₹1760 and sells it for ₹1320. Find the loss percent.
  12. 12.A shopkeeper buys a pair of shoes for ₹260 and sells it for ₹247. Find the loss percent.
  13. 13.By selling a bicycle for ₹360, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a study lamp for ₹1400 and sells it for ₹1260. Find the loss percent.
  15. 15.By selling a cricket bat for ₹1680, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  16. 16.A school bag bought for ₹1360 is sold at a profit of 15%. What is the selling price (in ₹)?
  17. 17.By selling a pair of shoes for ₹1632, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a study lamp for ₹120 and sells it for ₹126. Find the profit percent.
  19. 19.By selling a school bag for ₹1330, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  20. 20.By selling a school bag for ₹1518, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  21. 21.By selling a study lamp for ₹252, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  22. 22.By selling a table fan for ₹391, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  23. 23.By selling a pressure cooker for ₹975, a shopkeeper makes a loss of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  24. 24.By selling a bicycle for ₹280, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  25. 25.A shopkeeper buys a school bag for ₹1240 and sells it for ₹1426. Find the profit percent.
  26. 26.By selling a table fan for ₹2314, a shopkeeper makes a profit of 30%. What did the table fan cost the shopkeeper (in ₹)?
  27. 27.A bicycle bought for ₹1160 is sold at a loss of 50%. What is the selling price (in ₹)?
  28. 28.A bicycle bought for ₹1260 is sold at a loss of 10%. What is the selling price (in ₹)?
  29. 29.A bicycle bought for ₹1700 is sold at a loss of 50%. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a pressure cooker for ₹1040 and sells it for ₹1248. Find the profit percent.
  31. 31.A cricket bat bought for ₹300 is sold at a loss of 15%. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a pressure cooker for ₹80 and sells it for ₹48. Find the loss percent.
  33. 33.By selling a table fan for ₹1740, a shopkeeper makes a profit of 50%. What did the table fan cost the shopkeeper (in ₹)?
  34. 34.By selling a cricket bat for ₹748, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  35. 35.By selling a study lamp for ₹1495, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  36. 36.By selling a cricket bat for ₹60, a shopkeeper makes a loss of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  37. 37.By selling a cricket bat for ₹168, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  38. 38.A school bag bought for ₹440 is sold at a profit of 20%. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a pressure cooker for ₹1140 and sells it for ₹1596. Find the profit percent.
  40. 40.A cricket bat bought for ₹1480 is sold at a loss of 10%. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 30
  3. 10
  4. 400
  5. 252
  6. 1680
  7. 144
  8. 780
  9. 15
  10. 620
  11. 25
  12. 5
  13. 720
  14. 10
  15. 1400
  16. 1564
  17. 1920
  18. 5
  19. 1400
  20. 1320
  21. 280
  22. 340
  23. 1300
  24. 200
  25. 15
  26. 1780
  27. 580
  28. 1134
  29. 850
  30. 20
  31. 255
  32. 40
  33. 1160
  34. 880
  35. 1300
  36. 80
  37. 120
  38. 528
  39. 40
  40. 1332

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