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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 880 · 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.By selling a cricket bat for ₹208, a shopkeeper makes a profit of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.By selling a study lamp for ₹1012, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  3. 3.A watch bought for ₹320 is sold at a loss of 50%. What is the selling price (in ₹)?
  4. 4.A school bag bought for ₹1520 is sold at a loss of 50%. What is the selling price (in ₹)?
  5. 5.By selling a study lamp for ₹1458, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹1480 and sells it for ₹1924. Find the profit percent.
  7. 7.By selling a watch for ₹924, a shopkeeper makes a loss of 30%. What did the watch cost the shopkeeper (in ₹)?
  8. 8.By selling a watch for ₹2200, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  9. 9.By selling a bicycle for ₹759, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  10. 10.A shopkeeper buys a cricket bat for ₹300 and sells it for ₹180. Find the loss percent.
  11. 11.A watch bought for ₹1960 is sold at a loss of 5%. What is the selling price (in ₹)?
  12. 12.A bicycle bought for ₹140 is sold at a loss of 15%. What is the selling price (in ₹)?
  13. 13.By selling a table fan for ₹66, a shopkeeper makes a profit of 10%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.By selling a pair of shoes for ₹2850, a shopkeeper makes a profit of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  15. 15.By selling a school bag for ₹1422, a shopkeeper makes a loss of 10%. What did the school bag cost the shopkeeper (in ₹)?
  16. 16.By selling a cricket bat for ₹598, a shopkeeper makes a profit of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  17. 17.By selling a watch for ₹368, a shopkeeper makes a loss of 20%. What did the watch cost the shopkeeper (in ₹)?
  18. 18.A school bag bought for ₹680 is sold at a loss of 20%. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a bicycle for ₹940 and sells it for ₹752. Find the loss percent.
  20. 20.By selling a study lamp for ₹1372, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  21. 21.A school bag bought for ₹320 is sold at a loss of 20%. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a pair of shoes for ₹1920 and sells it for ₹2208. Find the profit percent.
  23. 23.By selling a school bag for ₹308, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹760 and sells it for ₹570. Find the loss percent.
  25. 25.By selling a watch for ₹770, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  26. 26.A pressure cooker bought for ₹1040 is sold at a loss of 30%. What is the selling price (in ₹)?
  27. 27.A pressure cooker bought for ₹1300 is sold at a profit of 10%. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a pair of shoes for ₹1280 and sells it for ₹1920. Find the profit percent.
  29. 29.By selling a watch for ₹375, a shopkeeper makes a loss of 25%. What did the watch cost the shopkeeper (in ₹)?
  30. 30.By selling a watch for ₹2910, a shopkeeper makes a profit of 50%. What did the watch cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a cricket bat for ₹800 and sells it for ₹840. Find the profit percent.
  32. 32.By selling a study lamp for ₹221, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  33. 33.By selling a pair of shoes for ₹1890, a shopkeeper makes a profit of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  34. 34.By selling a study lamp for ₹98, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  35. 35.By selling a pair of shoes for ₹2324, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  36. 36.By selling a school bag for ₹1764, a shopkeeper makes a profit of 5%. What did the school bag cost the shopkeeper (in ₹)?
  37. 37.By selling a watch for ₹1242, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  38. 38.A bicycle bought for ₹1300 is sold at a loss of 40%. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a school bag for ₹1980 and sells it for ₹2277. Find the profit percent.
  40. 40.A pressure cooker bought for ₹520 is sold at a profit of 30%. What is the selling price (in ₹)?

Answer key

  1. 160
  2. 920
  3. 160
  4. 760
  5. 1620
  6. 30
  7. 1320
  8. 2000
  9. 660
  10. 40
  11. 1862
  12. 119
  13. 60
  14. 1900
  15. 1580
  16. 460
  17. 460
  18. 544
  19. 20
  20. 1960
  21. 256
  22. 15
  23. 440
  24. 25
  25. 700
  26. 728
  27. 1430
  28. 50
  29. 500
  30. 1940
  31. 5
  32. 260
  33. 1800
  34. 140
  35. 1660
  36. 1680
  37. 1380
  38. 780
  39. 15
  40. 676

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