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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 723 · 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.By selling a cricket bat for ₹700, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.By selling a pressure cooker for ₹782, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  3. 3.By selling a table fan for ₹684, a shopkeeper makes a loss of 5%. What did the table fan cost the shopkeeper (in ₹)?
  4. 4.A school bag bought for ₹1300 is sold at a loss of 30%. What is the selling price (in ₹)?
  5. 5.By selling a cricket bat for ₹1134, a shopkeeper makes a profit of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  6. 6.A pair of shoes bought for ₹460 is sold at a loss of 5%. What is the selling price (in ₹)?
  7. 7.By selling a watch for ₹230, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  8. 8.A shopkeeper buys a table fan for ₹620 and sells it for ₹558. Find the loss percent.
  9. 9.A shopkeeper buys a study lamp for ₹1660 and sells it for ₹830. Find the loss percent.
  10. 10.A table fan bought for ₹1360 is sold at a profit of 5%. What is the selling price (in ₹)?
  11. 11.By selling a bicycle for ₹646, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  12. 12.By selling a cricket bat for ₹774, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  13. 13.By selling a pair of shoes for ₹1394, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  14. 14.A study lamp bought for ₹1840 is sold at a profit of 20%. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a school bag for ₹540 and sells it for ₹432. Find the loss percent.
  16. 16.By selling a table fan for ₹2268, a shopkeeper makes a profit of 40%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.A bicycle bought for ₹2000 is sold at a loss of 5%. What is the selling price (in ₹)?
  18. 18.By selling a table fan for ₹1278, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  19. 19.By selling a watch for ₹1482, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  20. 20.By selling a pressure cooker for ₹552, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  21. 21.A shopkeeper buys a pressure cooker for ₹1300 and sells it for ₹1365. Find the profit percent.
  22. 22.A shopkeeper buys a pair of shoes for ₹1860 and sells it for ₹1674. Find the loss percent.
  23. 23.A shopkeeper buys a study lamp for ₹880 and sells it for ₹1012. Find the profit percent.
  24. 24.By selling a pressure cooker for ₹2262, a shopkeeper makes a profit of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  25. 25.By selling a pair of shoes for ₹826, a shopkeeper makes a loss of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  26. 26.By selling a bicycle for ₹372, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹1500 and sells it for ₹1425. Find the loss percent.
  28. 28.By selling a watch for ₹1501, a shopkeeper makes a loss of 5%. What did the watch cost the shopkeeper (in ₹)?
  29. 29.A watch bought for ₹120 is sold at a profit of 40%. What is the selling price (in ₹)?
  30. 30.A cricket bat bought for ₹340 is sold at a profit of 20%. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a pressure cooker for ₹480 and sells it for ₹456. Find the loss percent.
  32. 32.By selling a bicycle for ₹1920, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.By selling a school bag for ₹968, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  34. 34.By selling a school bag for ₹2075, a shopkeeper makes a profit of 25%. What did the school bag cost the shopkeeper (in ₹)?
  35. 35.By selling a cricket bat for ₹1500, a shopkeeper makes a loss of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  36. 36.A bicycle bought for ₹1660 is sold at a profit of 50%. What is the selling price (in ₹)?
  37. 37.By selling a cricket bat for ₹2090, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?
  38. 38.A study lamp bought for ₹1900 is sold at a loss of 5%. What is the selling price (in ₹)?
  39. 39.By selling a pressure cooker for ₹629, a shopkeeper makes a loss of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  40. 40.By selling a bicycle for ₹550, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 1000
  2. 680
  3. 720
  4. 910
  5. 1080
  6. 437
  7. 460
  8. 10
  9. 50
  10. 1428
  11. 760
  12. 860
  13. 1640
  14. 2208
  15. 20
  16. 1620
  17. 1900
  18. 1420
  19. 1560
  20. 480
  21. 5
  22. 10
  23. 15
  24. 1740
  25. 1180
  26. 620
  27. 5
  28. 1580
  29. 168
  30. 408
  31. 5
  32. 1600
  33. 880
  34. 1660
  35. 2000
  36. 2490
  37. 1900
  38. 1805
  39. 740
  40. 500

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