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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 602 · 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.A shopkeeper buys a bicycle for ₹1320 and sells it for ₹1056. Find the loss percent.
  2. 2.By selling a bicycle for ₹2212, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.By selling a watch for ₹665, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a table fan for ₹1260 and sells it for ₹1323. Find the profit percent.
  5. 5.A shopkeeper buys a watch for ₹160 and sells it for ₹112. Find the loss percent.
  6. 6.A shopkeeper buys a bicycle for ₹1380 and sells it for ₹1794. Find the profit percent.
  7. 7.By selling a bicycle for ₹780, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  8. 8.A shopkeeper buys a bicycle for ₹1580 and sells it for ₹1185. Find the loss percent.
  9. 9.By selling a cricket bat for ₹1250, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  10. 10.By selling a cricket bat for ₹1248, a shopkeeper makes a profit of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1360 and sells it for ₹816. Find the loss percent.
  12. 12.By selling a bicycle for ₹168, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  13. 13.A study lamp bought for ₹1160 is sold at a profit of 50%. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a pressure cooker for ₹240 and sells it for ₹216. Find the loss percent.
  15. 15.A shopkeeper buys a school bag for ₹400 and sells it for ₹440. Find the profit percent.
  16. 16.A shopkeeper buys a cricket bat for ₹800 and sells it for ₹960. Find the profit percent.
  17. 17.A bicycle bought for ₹440 is sold at a loss of 20%. What is the selling price (in ₹)?
  18. 18.By selling a watch for ₹1501, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  19. 19.By selling a cricket bat for ₹2470, a shopkeeper makes a profit of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  20. 20.A cricket bat bought for ₹1080 is sold at a loss of 50%. What is the selling price (in ₹)?
  21. 21.By selling a bicycle for ₹658, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  22. 22.By selling a pressure cooker for ₹1200, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹1600 and sells it for ₹1520. Find the loss percent.
  24. 24.By selling a bicycle for ₹1350, a shopkeeper makes a profit of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  25. 25.A shopkeeper buys a pair of shoes for ₹1840 and sells it for ₹2576. Find the profit percent.
  26. 26.By selling a school bag for ₹1804, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  27. 27.By selling a bicycle for ₹468, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  28. 28.By selling a cricket bat for ₹2300, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  29. 29.A school bag bought for ₹400 is sold at a profit of 25%. What is the selling price (in ₹)?
  30. 30.A watch bought for ₹1760 is sold at a loss of 20%. What is the selling price (in ₹)?
  31. 31.By selling a cricket bat for ₹1276, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  32. 32.By selling a bicycle for ₹336, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.By selling a bicycle for ₹1650, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  34. 34.By selling a pressure cooker for ₹1890, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.A cricket bat bought for ₹1620 is sold at a profit of 20%. What is the selling price (in ₹)?
  36. 36.A watch bought for ₹120 is sold at a loss of 10%. What is the selling price (in ₹)?
  37. 37.By selling a table fan for ₹2116, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  38. 38.A pair of shoes bought for ₹1900 is sold at a loss of 5%. What is the selling price (in ₹)?
  39. 39.By selling a study lamp for ₹198, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  40. 40.By selling a pair of shoes for ₹960, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?

Answer key

  1. 20
  2. 1580
  3. 700
  4. 5
  5. 30
  6. 30
  7. 1560
  8. 25
  9. 1000
  10. 1040
  11. 40
  12. 240
  13. 1740
  14. 10
  15. 10
  16. 20
  17. 352
  18. 1580
  19. 1900
  20. 540
  21. 940
  22. 800
  23. 5
  24. 900
  25. 40
  26. 1640
  27. 360
  28. 2000
  29. 500
  30. 1408
  31. 1160
  32. 320
  33. 1500
  34. 1800
  35. 1944
  36. 108
  37. 1840
  38. 1805
  39. 220
  40. 1920

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