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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 601 · 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 school bag for ₹1800 and sells it for ₹1350. Find the loss percent.
  2. 2.A study lamp bought for ₹1680 is sold at a loss of 50%. What is the selling price (in ₹)?
  3. 3.By selling a watch for ₹120, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a study lamp for ₹1380 and sells it for ₹2070. Find the profit percent.
  5. 5.A shopkeeper buys a watch for ₹1940 and sells it for ₹2910. Find the profit percent.
  6. 6.A shopkeeper buys a school bag for ₹280 and sells it for ₹364. Find the profit percent.
  7. 7.A pair of shoes bought for ₹1740 is sold at a profit of 50%. What is the selling price (in ₹)?
  8. 8.By selling a cricket bat for ₹253, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  9. 9.By selling a school bag for ₹1311, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  10. 10.By selling a bicycle for ₹768, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  11. 11.By selling a school bag for ₹810, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  12. 12.A pressure cooker bought for ₹620 is sold at a loss of 30%. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a pressure cooker for ₹720 and sells it for ₹612. Find the loss percent.
  14. 14.A shopkeeper buys a watch for ₹580 and sells it for ₹406. Find the loss percent.
  15. 15.By selling a table fan for ₹1606, a shopkeeper makes a profit of 10%. What did the table fan cost the shopkeeper (in ₹)?
  16. 16.By selling a table fan for ₹1204, a shopkeeper makes a profit of 40%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a pair of shoes for ₹1840 and sells it for ₹2576. Find the profit percent.
  18. 18.By selling a table fan for ₹1188, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹580 and sells it for ₹609. Find the profit percent.
  20. 20.A shopkeeper buys a bicycle for ₹340 and sells it for ₹289. Find the loss percent.
  21. 21.A shopkeeper buys a school bag for ₹420 and sells it for ₹399. Find the loss percent.
  22. 22.By selling a cricket bat for ₹1960, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  23. 23.By selling a cricket bat for ₹1152, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  24. 24.By selling a study lamp for ₹2580, a shopkeeper makes a profit of 50%. What did the study lamp cost the shopkeeper (in ₹)?
  25. 25.A cricket bat bought for ₹1900 is sold at a profit of 5%. What is the selling price (in ₹)?
  26. 26.By selling a table fan for ₹754, a shopkeeper makes a profit of 30%. What did the table fan cost the shopkeeper (in ₹)?
  27. 27.By selling a pair of shoes for ₹144, a shopkeeper makes a loss of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  28. 28.A pair of shoes bought for ₹240 is sold at a profit of 10%. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a study lamp for ₹1580 and sells it for ₹1817. Find the profit percent.
  30. 30.By selling a pair of shoes for ₹600, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  31. 31.By selling a pressure cooker for ₹1530, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  32. 32.By selling a watch for ₹320, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹1320 and sells it for ₹1188. Find the loss percent.
  34. 34.By selling a bicycle for ₹1664, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  35. 35.A shopkeeper buys a bicycle for ₹200 and sells it for ₹100. Find the loss percent.
  36. 36.A shopkeeper buys a watch for ₹1480 and sells it for ₹1628. Find the profit percent.
  37. 37.By selling a cricket bat for ₹1628, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  38. 38.By selling a bicycle for ₹1265, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹420 and sells it for ₹630. Find the profit percent.
  40. 40.By selling a bicycle for ₹392, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 25
  2. 840
  3. 100
  4. 50
  5. 50
  6. 30
  7. 2610
  8. 220
  9. 1140
  10. 640
  11. 1080
  12. 434
  13. 15
  14. 30
  15. 1460
  16. 860
  17. 40
  18. 1320
  19. 5
  20. 15
  21. 5
  22. 1400
  23. 960
  24. 1720
  25. 1995
  26. 580
  27. 160
  28. 264
  29. 15
  30. 1200
  31. 1020
  32. 640
  33. 10
  34. 1280
  35. 50
  36. 10
  37. 1480
  38. 1100
  39. 50
  40. 560

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