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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 88 · 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 study lamp bought for ₹1780 is sold at a profit of 5%. What is the selling price (in ₹)?
  2. 2.A study lamp bought for ₹840 is sold at a profit of 25%. What is the selling price (in ₹)?
  3. 3.By selling a bicycle for ₹308, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  4. 4.By selling a watch for ₹609, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a cricket bat for ₹1960 and sells it for ₹2940. Find the profit percent.
  6. 6.A school bag bought for ₹1920 is sold at a loss of 50%. What is the selling price (in ₹)?
  7. 7.A table fan bought for ₹600 is sold at a loss of 25%. What is the selling price (in ₹)?
  8. 8.By selling a study lamp for ₹782, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  9. 9.A pair of shoes bought for ₹1860 is sold at a loss of 5%. What is the selling price (in ₹)?
  10. 10.By selling a cricket bat for ₹2522, a shopkeeper makes a profit of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.By selling a bicycle for ₹2175, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a study lamp for ₹1760 and sells it for ₹1584. Find the loss percent.
  13. 13.A study lamp bought for ₹620 is sold at a loss of 15%. What is the selling price (in ₹)?
  14. 14.A pressure cooker bought for ₹1500 is sold at a profit of 50%. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a bicycle for ₹580 and sells it for ₹754. Find the profit percent.
  16. 16.By selling a pressure cooker for ₹960, a shopkeeper makes a loss of 20%. What did the pressure cooker cost the shopkeeper (in ₹)?
  17. 17.A pressure cooker bought for ₹1400 is sold at a loss of 30%. What is the selling price (in ₹)?
  18. 18.A pair of shoes bought for ₹1000 is sold at a profit of 5%. What is the selling price (in ₹)?
  19. 19.A study lamp bought for ₹680 is sold at a loss of 40%. What is the selling price (in ₹)?
  20. 20.By selling a bicycle for ₹368, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  21. 21.By selling a study lamp for ₹682, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  22. 22.A pair of shoes bought for ₹1020 is sold at a profit of 15%. What is the selling price (in ₹)?
  23. 23.A bicycle bought for ₹660 is sold at a loss of 50%. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹320 and sells it for ₹304. Find the loss percent.
  25. 25.A school bag bought for ₹1000 is sold at a loss of 10%. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a school bag for ₹460 and sells it for ₹483. Find the profit percent.
  27. 27.A bicycle bought for ₹140 is sold at a loss of 20%. What is the selling price (in ₹)?
  28. 28.By selling a pair of shoes for ₹960, a shopkeeper makes a loss of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  29. 29.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 ₹)?
  30. 30.A shopkeeper buys a pressure cooker for ₹1560 and sells it for ₹1794. Find the profit percent.
  31. 31.By selling a table fan for ₹1425, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  32. 32.A pair of shoes bought for ₹1140 is sold at a profit of 40%. What is the selling price (in ₹)?
  33. 33.By selling a study lamp for ₹1416, a shopkeeper makes a profit of 20%. What did the study lamp cost the shopkeeper (in ₹)?
  34. 34.By selling a pressure cooker for ₹119, a shopkeeper makes a loss of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  35. 35.By selling a table fan for ₹948, a shopkeeper makes a loss of 40%. What did the table fan cost the shopkeeper (in ₹)?
  36. 36.By selling a school bag for ₹432, a shopkeeper makes a loss of 20%. What did the school bag cost the shopkeeper (in ₹)?
  37. 37.By selling a cricket bat for ₹1250, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  38. 38.By selling a school bag for ₹437, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  39. 39.A shopkeeper buys a table fan for ₹900 and sells it for ₹990. Find the profit percent.
  40. 40.By selling a cricket bat for ₹2024, a shopkeeper makes a profit of 10%. What did the cricket bat cost the shopkeeper (in ₹)?

Answer key

  1. 1869
  2. 1050
  3. 280
  4. 580
  5. 50
  6. 960
  7. 450
  8. 680
  9. 1767
  10. 1940
  11. 1740
  12. 10
  13. 527
  14. 2250
  15. 30
  16. 1200
  17. 980
  18. 1050
  19. 408
  20. 460
  21. 620
  22. 1173
  23. 330
  24. 5
  25. 900
  26. 5
  27. 112
  28. 1600
  29. 1180
  30. 15
  31. 1140
  32. 1596
  33. 1180
  34. 140
  35. 1580
  36. 540
  37. 1000
  38. 380
  39. 10
  40. 1840

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