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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 770 · 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 watch for ₹560, a shopkeeper makes a loss of 20%. What did the watch cost the shopkeeper (in ₹)?
  2. 2.A table fan bought for ₹2000 is sold at a loss of 40%. What is the selling price (in ₹)?
  3. 3.A pair of shoes bought for ₹360 is sold at a loss of 50%. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a pair of shoes for ₹660 and sells it for ₹792. Find the profit percent.
  5. 5.A pressure cooker bought for ₹680 is sold at a loss of 25%. What is the selling price (in ₹)?
  6. 6.By selling a watch for ₹1820, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.By selling a school bag for ₹1296, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  8. 8.A pressure cooker bought for ₹1560 is sold at a loss of 10%. What is the selling price (in ₹)?
  9. 9.By selling a cricket bat for ₹780, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  10. 10.By selling a study lamp for ₹1005, a shopkeeper makes a loss of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  11. 11.A shopkeeper buys a school bag for ₹120 and sells it for ₹72. Find the loss percent.
  12. 12.By selling a school bag for ₹1550, a shopkeeper makes a profit of 25%. What did the school bag cost the shopkeeper (in ₹)?
  13. 13.A watch bought for ₹860 is sold at a loss of 5%. What is the selling price (in ₹)?
  14. 14.By selling a pressure cooker for ₹1560, a shopkeeper makes a profit of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  15. 15.By selling a school bag for ₹464, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a cricket bat for ₹1500 and sells it for ₹1575. Find the profit percent.
  17. 17.A shopkeeper buys a bicycle for ₹580 and sells it for ₹812. Find the profit percent.
  18. 18.A shopkeeper buys a table fan for ₹1380 and sells it for ₹1311. Find the loss percent.
  19. 19.A table fan bought for ₹1720 is sold at a profit of 20%. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹1320 and sells it for ₹1122. Find the loss percent.
  21. 21.A school bag bought for ₹1780 is sold at a profit of 50%. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a study lamp for ₹760 and sells it for ₹608. Find the loss percent.
  23. 23.A shopkeeper buys a bicycle for ₹1360 and sells it for ₹1020. Find the loss percent.
  24. 24.A study lamp bought for ₹400 is sold at a loss of 25%. What is the selling price (in ₹)?
  25. 25.By selling a pair of shoes for ₹1034, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  26. 26.By selling a pair of shoes for ₹792, a shopkeeper makes a loss of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  27. 27.A shopkeeper buys a study lamp for ₹1820 and sells it for ₹1729. Find the loss percent.
  28. 28.A shopkeeper buys a pair of shoes for ₹680 and sells it for ₹510. Find the loss percent.
  29. 29.A shopkeeper buys a pressure cooker for ₹1960 and sells it for ₹2156. Find the profit percent.
  30. 30.A shopkeeper buys a table fan for ₹1300 and sells it for ₹1040. Find the loss percent.
  31. 31.By selling a bicycle for ₹416, a shopkeeper makes a profit of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.By selling a bicycle for ₹1020, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.A bicycle bought for ₹300 is sold at a profit of 25%. What is the selling price (in ₹)?
  34. 34.A cricket bat bought for ₹420 is sold at a profit of 30%. What is the selling price (in ₹)?
  35. 35.By selling a watch for ₹770, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.A shopkeeper buys a bicycle for ₹1280 and sells it for ₹1664. Find the profit percent.
  37. 37.By selling a table fan for ₹176, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  38. 38.By selling a pair of shoes for ₹1298, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹1800, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.By selling a watch for ₹444, a shopkeeper makes a loss of 40%. What did the watch cost the shopkeeper (in ₹)?

Answer key

  1. 700
  2. 1200
  3. 180
  4. 20
  5. 510
  6. 1300
  7. 1440
  8. 1404
  9. 1560
  10. 1340
  11. 40
  12. 1240
  13. 817
  14. 1300
  15. 580
  16. 5
  17. 40
  18. 5
  19. 2064
  20. 15
  21. 2670
  22. 20
  23. 25
  24. 300
  25. 940
  26. 1320
  27. 5
  28. 25
  29. 10
  30. 20
  31. 320
  32. 1200
  33. 375
  34. 546
  35. 700
  36. 30
  37. 220
  38. 1180
  39. 2000
  40. 740

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