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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 632 · 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 pair of shoes bought for ₹1240 is sold at a loss of 30%. What is the selling price (in ₹)?
  2. 2.By selling a school bag for ₹2352, a shopkeeper makes a profit of 40%. What did the school bag cost the shopkeeper (in ₹)?
  3. 3.By selling a bicycle for ₹544, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  4. 4.By selling a pair of shoes for ₹1462, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  5. 5.A watch bought for ₹1620 is sold at a profit of 50%. What is the selling price (in ₹)?
  6. 6.By selling a table fan for ₹250, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a table fan for ₹1440 and sells it for ₹1296. Find the loss percent.
  8. 8.By selling a pressure cooker for ₹256, a shopkeeper makes a loss of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  9. 9.By selling a pair of shoes for ₹550, a shopkeeper makes a loss of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  10. 10.A shopkeeper buys a cricket bat for ₹1000 and sells it for ₹750. Find the loss percent.
  11. 11.By selling a pair of shoes for ₹1100, a shopkeeper makes a profit of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a table fan for ₹1580 and sells it for ₹1343. Find the loss percent.
  13. 13.A pressure cooker bought for ₹1180 is sold at a loss of 10%. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cricket bat for ₹220 and sells it for ₹330. Find the profit percent.
  15. 15.By selling a bicycle for ₹1560, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  16. 16.A study lamp bought for ₹340 is sold at a loss of 20%. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a study lamp for ₹980 and sells it for ₹882. Find the loss percent.
  18. 18.A shopkeeper buys a pair of shoes for ₹840 and sells it for ₹756. Find the loss percent.
  19. 19.By selling a bicycle for ₹690, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  20. 20.A pair of shoes bought for ₹600 is sold at a profit of 50%. What is the selling price (in ₹)?
  21. 21.By selling a pressure cooker for ₹483, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  22. 22.A table fan bought for ₹1880 is sold at a loss of 50%. What is the selling price (in ₹)?
  23. 23.A bicycle bought for ₹1720 is sold at a loss of 10%. What is the selling price (in ₹)?
  24. 24.By selling a school bag for ₹304, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  25. 25.A shopkeeper buys a pair of shoes for ₹340 and sells it for ₹272. Find the loss percent.
  26. 26.By selling a cricket bat for ₹936, a shopkeeper makes a loss of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  27. 27.A bicycle bought for ₹600 is sold at a profit of 50%. What is the selling price (in ₹)?
  28. 28.A pressure cooker bought for ₹80 is sold at a profit of 10%. What is the selling price (in ₹)?
  29. 29.By selling a school bag for ₹779, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  30. 30.A bicycle bought for ₹420 is sold at a loss of 40%. What is the selling price (in ₹)?
  31. 31.By selling a cricket bat for ₹2024, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  32. 32.By selling a cricket bat for ₹800, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  33. 33.A bicycle bought for ₹980 is sold at a profit of 40%. What is the selling price (in ₹)?
  34. 34.A table fan bought for ₹200 is sold at a profit of 25%. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a school bag for ₹140 and sells it for ₹168. Find the profit percent.
  36. 36.A shopkeeper buys a pair of shoes for ₹1160 and sells it for ₹1044. Find the loss percent.
  37. 37.A pressure cooker bought for ₹480 is sold at a profit of 5%. What is the selling price (in ₹)?
  38. 38.A school bag bought for ₹1020 is sold at a loss of 10%. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a pair of shoes for ₹1660 and sells it for ₹830. Find the loss percent.
  40. 40.By selling a study lamp for ₹1898, a shopkeeper makes a profit of 30%. What did the study lamp cost the shopkeeper (in ₹)?

Answer key

  1. 868
  2. 1680
  3. 640
  4. 1720
  5. 2430
  6. 200
  7. 10
  8. 320
  9. 1100
  10. 25
  11. 880
  12. 15
  13. 1062
  14. 50
  15. 1300
  16. 272
  17. 10
  18. 10
  19. 920
  20. 900
  21. 460
  22. 940
  23. 1548
  24. 320
  25. 20
  26. 1560
  27. 900
  28. 88
  29. 820
  30. 252
  31. 1840
  32. 1600
  33. 1372
  34. 250
  35. 20
  36. 10
  37. 504
  38. 918
  39. 50
  40. 1460

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