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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 659 · 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 bicycle for ₹810, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  2. 2.By selling a bicycle for ₹952, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a study lamp for ₹1900 and sells it for ₹950. Find the loss percent.
  4. 4.A table fan bought for ₹560 is sold at a loss of 15%. What is the selling price (in ₹)?
  5. 5.By selling a bicycle for ₹1173, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹720 and sells it for ₹648. Find the loss percent.
  7. 7.A pair of shoes bought for ₹1280 is sold at a loss of 15%. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a school bag for ₹1600 and sells it for ₹1200. Find the loss percent.
  9. 9.By selling a bicycle for ₹1032, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  10. 10.By selling a school bag for ₹2400, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  11. 11.A watch bought for ₹780 is sold at a loss of 40%. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cricket bat for ₹1760 and sells it for ₹1056. Find the loss percent.
  13. 13.A shopkeeper buys a pair of shoes for ₹1740 and sells it for ₹1914. Find the profit percent.
  14. 14.A shopkeeper buys a school bag for ₹460 and sells it for ₹506. Find the profit percent.
  15. 15.By selling a watch for ₹2190, a shopkeeper makes a profit of 50%. What did the watch cost the shopkeeper (in ₹)?
  16. 16.By selling a cricket bat for ₹96, a shopkeeper makes a loss of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  17. 17.By selling a pressure cooker for ₹299, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a pressure cooker for ₹1060 and sells it for ₹1590. Find the profit percent.
  19. 19.A watch bought for ₹1120 is sold at a loss of 40%. What is the selling price (in ₹)?
  20. 20.A table fan bought for ₹620 is sold at a profit of 20%. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a pressure cooker for ₹460 and sells it for ₹529. Find the profit percent.
  22. 22.A bicycle bought for ₹1800 is sold at a loss of 10%. What is the selling price (in ₹)?
  23. 23.By selling a bicycle for ₹1628, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  24. 24.By selling a pair of shoes for ₹1577, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  25. 25.A shopkeeper buys a study lamp for ₹160 and sells it for ₹184. Find the profit percent.
  26. 26.A shopkeeper buys a bicycle for ₹60 and sells it for ₹54. Find the loss percent.
  27. 27.By selling a pair of shoes for ₹952, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  28. 28.By selling a pressure cooker for ₹1120, a shopkeeper makes a loss of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  29. 29.By selling a bicycle for ₹510, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a study lamp for ₹2425, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  31. 31.A school bag bought for ₹1520 is sold at a loss of 25%. What is the selling price (in ₹)?
  32. 32.By selling a pressure cooker for ₹572, a shopkeeper makes a profit of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  33. 33.A cricket bat bought for ₹1200 is sold at a loss of 50%. What is the selling price (in ₹)?
  34. 34.A school bag bought for ₹940 is sold at a loss of 20%. What is the selling price (in ₹)?
  35. 35.A study lamp bought for ₹1520 is sold at a profit of 10%. What is the selling price (in ₹)?
  36. 36.A cricket bat bought for ₹680 is sold at a profit of 25%. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a pair of shoes for ₹960 and sells it for ₹1248. Find the profit percent.
  38. 38.By selling a school bag for ₹1740, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹590, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.A watch bought for ₹500 is sold at a profit of 50%. What is the selling price (in ₹)?

Answer key

  1. 1620
  2. 680
  3. 50
  4. 476
  5. 1020
  6. 10
  7. 1088
  8. 25
  9. 1720
  10. 1600
  11. 468
  12. 40
  13. 10
  14. 10
  15. 1460
  16. 160
  17. 260
  18. 50
  19. 672
  20. 744
  21. 15
  22. 1620
  23. 1480
  24. 1660
  25. 15
  26. 10
  27. 1120
  28. 1600
  29. 1020
  30. 1940
  31. 1140
  32. 440
  33. 600
  34. 752
  35. 1672
  36. 850
  37. 30
  38. 1160
  39. 1180
  40. 750

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