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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 850 · 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 pair of shoes for ₹1968, a shopkeeper makes a profit of 20%. What did the pair of shoes cost the shopkeeper (in ₹)?
  2. 2.By selling a bicycle for ₹1288, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a bicycle for ₹1200 and sells it for ₹1320. Find the profit percent.
  4. 4.By selling a pair of shoes for ₹1675, a shopkeeper makes a profit of 25%. What did the pair of shoes cost the shopkeeper (in ₹)?
  5. 5.By selling a watch for ₹84, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  6. 6.A watch bought for ₹1480 is sold at a loss of 50%. What is the selling price (in ₹)?
  7. 7.By selling a pressure cooker for ₹1037, a shopkeeper makes a loss of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  8. 8.A study lamp bought for ₹720 is sold at a profit of 50%. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a school bag for ₹1480 and sells it for ₹2220. Find the profit percent.
  10. 10.A shopkeeper buys a table fan for ₹240 and sells it for ₹180. Find the loss percent.
  11. 11.A shopkeeper buys a school bag for ₹700 and sells it for ₹805. Find the profit percent.
  12. 12.A watch bought for ₹1260 is sold at a profit of 40%. What is the selling price (in ₹)?
  13. 13.By selling a watch for ₹1044, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹240 and sells it for ₹252. Find the profit percent.
  15. 15.By selling a table fan for ₹187, a shopkeeper makes a loss of 15%. What did the table fan cost the shopkeeper (in ₹)?
  16. 16.A shopkeeper buys a pressure cooker for ₹880 and sells it for ₹1100. Find the profit percent.
  17. 17.A cricket bat bought for ₹1360 is sold at a loss of 20%. What is the selling price (in ₹)?
  18. 18.By selling a study lamp for ₹408, a shopkeeper makes a loss of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a school bag for ₹460 and sells it for ₹506. Find the profit percent.
  20. 20.A shopkeeper buys a watch for ₹360 and sells it for ₹378. Find the profit percent.
  21. 21.A pressure cooker bought for ₹1340 is sold at a loss of 10%. What is the selling price (in ₹)?
  22. 22.By selling a study lamp for ₹2016, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  23. 23.By selling a school bag for ₹530, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  24. 24.By selling a study lamp for ₹392, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  25. 25.By selling a pressure cooker for ₹1197, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  26. 26.By selling a school bag for ₹2200, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  27. 27.A watch bought for ₹1100 is sold at a profit of 5%. What is the selling price (in ₹)?
  28. 28.By selling a watch for ₹682, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  29. 29.By selling a bicycle for ₹2220, a shopkeeper makes a profit of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a table fan for ₹336, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  31. 31.By selling a pressure cooker for ₹330, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  32. 32.By selling a watch for ₹1425, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  33. 33.By selling a watch for ₹180, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  34. 34.A shopkeeper buys a pair of shoes for ₹520 and sells it for ₹572. Find the profit percent.
  35. 35.A shopkeeper buys a pressure cooker for ₹700 and sells it for ₹560. Find the loss percent.
  36. 36.By selling a table fan for ₹854, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  37. 37.A shopkeeper buys a school bag for ₹580 and sells it for ₹609. Find the profit percent.
  38. 38.A watch bought for ₹180 is sold at a loss of 30%. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a pair of shoes for ₹260 and sells it for ₹325. Find the profit percent.
  40. 40.A shopkeeper buys a pair of shoes for ₹1600 and sells it for ₹1360. Find the loss percent.

Answer key

  1. 1640
  2. 1840
  3. 10
  4. 1340
  5. 120
  6. 740
  7. 1220
  8. 1080
  9. 50
  10. 25
  11. 15
  12. 1764
  13. 1160
  14. 5
  15. 220
  16. 25
  17. 1088
  18. 680
  19. 10
  20. 5
  21. 1206
  22. 1440
  23. 1060
  24. 560
  25. 1140
  26. 2000
  27. 1155
  28. 620
  29. 1480
  30. 420
  31. 300
  32. 1900
  33. 360
  34. 10
  35. 20
  36. 1220
  37. 5
  38. 126
  39. 25
  40. 15

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