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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 860 · 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.A shopkeeper buys a cricket bat for ₹1040 and sells it for ₹780. Find the loss percent.
  2. 2.By selling a cricket bat for ₹1534, a shopkeeper makes a profit of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  3. 3.By selling a pair of shoes for ₹442, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a cricket bat for ₹1260 and sells it for ₹1764. Find the profit percent.
  5. 5.By selling a study lamp for ₹2132, a shopkeeper makes a profit of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a school bag for ₹580 and sells it for ₹609. Find the profit percent.
  7. 7.A shopkeeper buys a school bag for ₹980 and sells it for ₹1470. Find the profit percent.
  8. 8.A shopkeeper buys a study lamp for ₹800 and sells it for ₹1200. Find the profit percent.
  9. 9.A table fan bought for ₹1520 is sold at a loss of 20%. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a bicycle for ₹1940 and sells it for ₹1455. Find the loss percent.
  11. 11.By selling a bicycle for ₹954, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  12. 12.By selling a school bag for ₹450, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  13. 13.A study lamp bought for ₹1380 is sold at a profit of 10%. What is the selling price (in ₹)?
  14. 14.By selling a pressure cooker for ₹1746, a shopkeeper makes a loss of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹320 and sells it for ₹400. Find the profit percent.
  16. 16.By selling a table fan for ₹1288, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.By selling a table fan for ₹450, a shopkeeper makes a profit of 50%. What did the table fan cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a study lamp for ₹80 and sells it for ₹40. Find the loss percent.
  19. 19.By selling a watch for ₹200, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  20. 20.By selling a study lamp for ₹1403, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  21. 21.By selling a study lamp for ₹864, a shopkeeper makes a loss of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  22. 22.By selling a pressure cooker for ₹2700, a shopkeeper makes a profit of 50%. What did the pressure cooker cost the shopkeeper (in ₹)?
  23. 23.By selling a bicycle for ₹1708, a shopkeeper makes a profit of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  24. 24.By selling a study lamp for ₹1746, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  25. 25.By selling a school bag for ₹437, a shopkeeper makes a loss of 5%. What did the school bag cost the shopkeeper (in ₹)?
  26. 26.By selling a watch for ₹2324, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  27. 27.A watch bought for ₹1780 is sold at a loss of 20%. What is the selling price (in ₹)?
  28. 28.A pair of shoes bought for ₹980 is sold at a profit of 15%. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹900 and sells it for ₹720. Find the loss percent.
  30. 30.By selling a pressure cooker for ₹72, a shopkeeper makes a profit of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a study lamp for ₹1980 and sells it for ₹1881. Find the loss percent.
  32. 32.By selling a cricket bat for ₹874, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  33. 33.By selling a table fan for ₹2910, a shopkeeper makes a profit of 50%. What did the table fan cost the shopkeeper (in ₹)?
  34. 34.By selling a bicycle for ₹532, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  35. 35.By selling a pressure cooker for ₹1330, a shopkeeper makes a loss of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  36. 36.By selling a bicycle for ₹1848, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  37. 37.A cricket bat bought for ₹1420 is sold at a loss of 50%. What is the selling price (in ₹)?
  38. 38.By selling a study lamp for ₹2016, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a table fan for ₹120 and sells it for ₹84. Find the loss percent.
  40. 40.By selling a watch for ₹378, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?

Answer key

  1. 25
  2. 1180
  3. 520
  4. 40
  5. 1640
  6. 5
  7. 50
  8. 50
  9. 1216
  10. 25
  11. 1060
  12. 500
  13. 1518
  14. 1940
  15. 25
  16. 1840
  17. 300
  18. 50
  19. 160
  20. 1220
  21. 1080
  22. 1800
  23. 1220
  24. 1940
  25. 460
  26. 1660
  27. 1424
  28. 1127
  29. 20
  30. 60
  31. 5
  32. 920
  33. 1940
  34. 560
  35. 1400
  36. 1760
  37. 710
  38. 1440
  39. 30
  40. 360

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