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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 694 · 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 study lamp bought for ₹1000 is sold at a loss of 50%. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a school bag for ₹1400 and sells it for ₹2100. Find the profit percent.
  3. 3.By selling a bicycle for ₹375, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a pair of shoes for ₹940 and sells it for ₹1128. Find the profit percent.
  5. 5.A shopkeeper buys a school bag for ₹1320 and sells it for ₹1254. Find the loss percent.
  6. 6.By selling a bicycle for ₹1008, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹840 and sells it for ₹966. Find the profit percent.
  8. 8.By selling a study lamp for ₹1008, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  9. 9.By selling a bicycle for ₹636, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  10. 10.A shopkeeper buys a pressure cooker for ₹1900 and sells it for ₹1520. Find the loss percent.
  11. 11.A bicycle bought for ₹720 is sold at a profit of 5%. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cricket bat for ₹1100 and sells it for ₹1155. Find the profit percent.
  13. 13.By selling a pressure cooker for ₹1890, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  14. 14.By selling a bicycle for ₹70, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  15. 15.A cricket bat bought for ₹1380 is sold at a profit of 10%. What is the selling price (in ₹)?
  16. 16.By selling a watch for ₹75, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a study lamp for ₹1640 and sells it for ₹1230. Find the loss percent.
  18. 18.By selling a watch for ₹768, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a bicycle for ₹160 and sells it for ₹168. Find the profit percent.
  20. 20.By selling a table fan for ₹1100, a shopkeeper makes a profit of 10%. What did the table fan cost the shopkeeper (in ₹)?
  21. 21.By selling a bicycle for ₹54, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  22. 22.By selling a cricket bat for ₹780, a shopkeeper makes a loss of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  23. 23.By selling a watch for ₹323, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  24. 24.A cricket bat bought for ₹1380 is sold at a profit of 40%. What is the selling price (in ₹)?
  25. 25.By selling a cricket bat for ₹442, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  26. 26.A study lamp bought for ₹1220 is sold at a loss of 50%. What is the selling price (in ₹)?
  27. 27.A school bag bought for ₹940 is sold at a loss of 50%. What is the selling price (in ₹)?
  28. 28.By selling a pressure cooker for ₹480, a shopkeeper makes a loss of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  29. 29.By selling a bicycle for ₹550, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a school bag for ₹357, a shopkeeper makes a loss of 15%. What did the school bag cost the shopkeeper (in ₹)?
  31. 31.By selling a bicycle for ₹1820, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.A shopkeeper buys a pair of shoes for ₹1940 and sells it for ₹970. Find the loss percent.
  33. 33.A shopkeeper buys a bicycle for ₹1280 and sells it for ₹1920. Find the profit percent.
  34. 34.A shopkeeper buys a bicycle for ₹1000 and sells it for ₹1200. Find the profit percent.
  35. 35.A shopkeeper buys a watch for ₹1040 and sells it for ₹1560. Find the profit percent.
  36. 36.By selling a table fan for ₹238, a shopkeeper makes a loss of 15%. What did the table fan cost the shopkeeper (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹1000 and sells it for ₹900. Find the loss percent.
  38. 38.By selling a cricket bat for ₹2350, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  39. 39.By selling a study lamp for ₹1323, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  40. 40.A pressure cooker bought for ₹120 is sold at a profit of 10%. What is the selling price (in ₹)?

Answer key

  1. 500
  2. 50
  3. 300
  4. 20
  5. 5
  6. 1440
  7. 15
  8. 1440
  9. 1060
  10. 20
  11. 756
  12. 5
  13. 1260
  14. 140
  15. 1518
  16. 100
  17. 25
  18. 640
  19. 5
  20. 1000
  21. 60
  22. 1300
  23. 340
  24. 1932
  25. 520
  26. 610
  27. 470
  28. 800
  29. 440
  30. 420
  31. 1300
  32. 50
  33. 50
  34. 20
  35. 50
  36. 280
  37. 10
  38. 1880
  39. 1260
  40. 132

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