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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 773 · 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.A shopkeeper buys a cricket bat for ₹600 and sells it for ₹900. Find the profit percent.
  2. 2.By selling a school bag for ₹714, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  3. 3.By selling a watch for ₹340, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a table fan for ₹1320 and sells it for ₹1518. Find the profit percent.
  5. 5.A study lamp bought for ₹300 is sold at a profit of 20%. What is the selling price (in ₹)?
  6. 6.By selling a pressure cooker for ₹224, a shopkeeper makes a loss of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  7. 7.A pair of shoes bought for ₹160 is sold at a loss of 50%. What is the selling price (in ₹)?
  8. 8.By selling a bicycle for ₹1122, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹180 and sells it for ₹171. Find the loss percent.
  10. 10.A shopkeeper buys a pressure cooker for ₹1160 and sells it for ₹1276. Find the profit percent.
  11. 11.By selling a watch for ₹69, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a pair of shoes for ₹260 and sells it for ₹312. Find the profit percent.
  13. 13.A shopkeeper buys a bicycle for ₹1800 and sells it for ₹1350. Find the loss percent.
  14. 14.By selling a study lamp for ₹408, a shopkeeper makes a profit of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a pair of shoes for ₹1620 and sells it for ₹1458. Find the loss percent.
  16. 16.By selling a school bag for ₹1826, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a school bag for ₹340 and sells it for ₹408. Find the profit percent.
  18. 18.By selling a bicycle for ₹98, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  19. 19.By selling a pair of shoes for ₹1764, a shopkeeper makes a loss of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  20. 20.By selling a school bag for ₹2548, a shopkeeper makes a profit of 30%. What did the school bag cost the shopkeeper (in ₹)?
  21. 21.By selling a bicycle for ₹342, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  22. 22.A shopkeeper buys a table fan for ₹1160 and sells it for ₹870. Find the loss percent.
  23. 23.A shopkeeper buys a school bag for ₹820 and sells it for ₹1025. Find the profit percent.
  24. 24.By selling a school bag for ₹1152, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  25. 25.By selling a pair of shoes for ₹1372, a shopkeeper makes a loss of 30%. What did the pair of shoes cost the shopkeeper (in ₹)?
  26. 26.By selling a pressure cooker for ₹152, a shopkeeper makes a loss of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  27. 27.A table fan bought for ₹600 is sold at a profit of 10%. What is the selling price (in ₹)?
  28. 28.A study lamp bought for ₹640 is sold at a loss of 20%. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a pair of shoes for ₹600 and sells it for ₹780. Find the profit percent.
  30. 30.By selling a school bag for ₹162, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a study lamp for ₹1800 and sells it for ₹1980. Find the profit percent.
  32. 32.By selling a pressure cooker for ₹713, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹1420 and sells it for ₹2130. Find the profit percent.
  34. 34.A cricket bat bought for ₹1240 is sold at a loss of 5%. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹1560 is sold at a profit of 5%. What is the selling price (in ₹)?
  36. 36.By selling a bicycle for ₹732, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  37. 37.A study lamp bought for ₹560 is sold at a loss of 30%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a bicycle for ₹960 and sells it for ₹864. Find the loss percent.
  39. 39.A pressure cooker bought for ₹1020 is sold at a loss of 20%. What is the selling price (in ₹)?
  40. 40.By selling a bicycle for ₹1650, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?

Answer key

  1. 50
  2. 680
  3. 400
  4. 15
  5. 360
  6. 320
  7. 80
  8. 1020
  9. 5
  10. 10
  11. 60
  12. 20
  13. 25
  14. 340
  15. 10
  16. 1660
  17. 20
  18. 140
  19. 1960
  20. 1960
  21. 360
  22. 25
  23. 25
  24. 1440
  25. 1960
  26. 160
  27. 660
  28. 512
  29. 30
  30. 180
  31. 10
  32. 620
  33. 50
  34. 1178
  35. 1638
  36. 1220
  37. 392
  38. 10
  39. 816
  40. 1500

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