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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 783 · 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 ₹720 and sells it for ₹648. Find the loss percent.
  2. 2.By selling a school bag for ₹230, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a pair of shoes for ₹980 and sells it for ₹1078. Find the profit percent.
  4. 4.A bicycle bought for ₹1220 is sold at a loss of 30%. What is the selling price (in ₹)?
  5. 5.By selling a bicycle for ₹198, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  6. 6.A school bag bought for ₹1560 is sold at a profit of 25%. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a study lamp for ₹1220 and sells it for ₹610. Find the loss percent.
  8. 8.By selling a bicycle for ₹112, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  9. 9.By selling a watch for ₹1470, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  10. 10.A pair of shoes bought for ₹400 is sold at a profit of 25%. What is the selling price (in ₹)?
  11. 11.By selling a study lamp for ₹1316, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  12. 12.A study lamp bought for ₹960 is sold at a loss of 10%. What is the selling price (in ₹)?
  13. 13.By selling a watch for ₹204, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  14. 14.By selling a table fan for ₹470, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  15. 15.A cricket bat bought for ₹1360 is sold at a loss of 15%. What is the selling price (in ₹)?
  16. 16.By selling a watch for ₹1352, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a cricket bat for ₹360 and sells it for ₹378. Find the profit percent.
  18. 18.By selling a school bag for ₹1150, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  19. 19.By selling a pressure cooker for ₹540, a shopkeeper makes a loss of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a pressure cooker for ₹360 and sells it for ₹180. Find the loss percent.
  21. 21.By selling a watch for ₹126, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  22. 22.A watch bought for ₹460 is sold at a loss of 20%. What is the selling price (in ₹)?
  23. 23.By selling a pair of shoes for ₹60, a shopkeeper makes a loss of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  24. 24.By selling a pair of shoes for ₹1716, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  25. 25.A watch bought for ₹60 is sold at a loss of 5%. What is the selling price (in ₹)?
  26. 26.By selling a study lamp for ₹156, a shopkeeper makes a profit of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  27. 27.A school bag bought for ₹1300 is sold at a loss of 25%. What is the selling price (in ₹)?
  28. 28.A table fan bought for ₹1340 is sold at a loss of 10%. What is the selling price (in ₹)?
  29. 29.By selling a pressure cooker for ₹462, a shopkeeper makes a loss of 30%. What did the pressure cooker cost the shopkeeper (in ₹)?
  30. 30.A table fan bought for ₹1380 is sold at a loss of 5%. What is the selling price (in ₹)?
  31. 31.A bicycle bought for ₹400 is sold at a profit of 50%. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a pair of shoes for ₹900 and sells it for ₹990. Find the profit percent.
  33. 33.By selling a cricket bat for ₹782, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  34. 34.By selling a cricket bat for ₹2744, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  35. 35.By selling a watch for ₹884, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.A pair of shoes bought for ₹1680 is sold at a profit of 50%. What is the selling price (in ₹)?
  37. 37.A bicycle bought for ₹760 is sold at a profit of 20%. What is the selling price (in ₹)?
  38. 38.By selling a study lamp for ₹1408, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a cricket bat for ₹100 and sells it for ₹60. Find the loss percent.
  40. 40.By selling a study lamp for ₹260, a shopkeeper makes a loss of 50%. What did the study lamp cost the shopkeeper (in ₹)?

Answer key

  1. 10
  2. 200
  3. 10
  4. 854
  5. 220
  6. 1950
  7. 50
  8. 140
  9. 1400
  10. 500
  11. 940
  12. 864
  13. 240
  14. 940
  15. 1156
  16. 1040
  17. 5
  18. 1000
  19. 600
  20. 50
  21. 140
  22. 368
  23. 80
  24. 1560
  25. 57
  26. 120
  27. 975
  28. 1206
  29. 660
  30. 1311
  31. 600
  32. 10
  33. 920
  34. 1960
  35. 1040
  36. 2520
  37. 912
  38. 1280
  39. 40
  40. 520

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