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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 893 · 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 pair of shoes bought for ₹420 is sold at a loss of 20%. What is the selling price (in ₹)?
  2. 2.By selling a cricket bat for ₹280, a shopkeeper makes a loss of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  3. 3.By selling a study lamp for ₹460, a shopkeeper makes a profit of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  4. 4.A cricket bat bought for ₹560 is sold at a profit of 30%. What is the selling price (in ₹)?
  5. 5.By selling a study lamp for ₹702, a shopkeeper makes a loss of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  6. 6.By selling a bicycle for ₹744, a shopkeeper makes a profit of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  7. 7.A shopkeeper buys a pair of shoes for ₹1000 and sells it for ₹1050. Find the profit percent.
  8. 8.By selling a table fan for ₹713, a shopkeeper makes a profit of 15%. What did the table fan cost the shopkeeper (in ₹)?
  9. 9.A table fan bought for ₹1900 is sold at a loss of 40%. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a bicycle for ₹1600 and sells it for ₹2240. Find the profit percent.
  11. 11.A shopkeeper buys a bicycle for ₹1220 and sells it for ₹1281. Find the profit percent.
  12. 12.By selling a school bag for ₹924, a shopkeeper makes a loss of 30%. What did the school bag cost the shopkeeper (in ₹)?
  13. 13.A watch bought for ₹1080 is sold at a profit of 10%. What is the selling price (in ₹)?
  14. 14.By selling a pair of shoes for ₹1064, a shopkeeper makes a loss of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹1860 and sells it for ₹1674. Find the loss percent.
  16. 16.By selling a school bag for ₹2820, a shopkeeper makes a profit of 50%. What did the school bag cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a table fan for ₹340 and sells it for ₹272. Find the loss percent.
  18. 18.By selling a watch for ₹850, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  19. 19.A shopkeeper buys a cricket bat for ₹460 and sells it for ₹690. Find the profit percent.
  20. 20.A shopkeeper buys a pressure cooker for ₹940 and sells it for ₹1410. Find the profit percent.
  21. 21.A shopkeeper buys a watch for ₹520 and sells it for ₹494. Find the loss percent.
  22. 22.A cricket bat bought for ₹1300 is sold at a profit of 25%. What is the selling price (in ₹)?
  23. 23.A watch bought for ₹500 is sold at a loss of 15%. What is the selling price (in ₹)?
  24. 24.A bicycle bought for ₹620 is sold at a loss of 15%. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a pressure cooker for ₹320 and sells it for ₹224. Find the loss percent.
  26. 26.A shopkeeper buys a school bag for ₹1160 and sells it for ₹1624. Find the profit percent.
  27. 27.By selling a watch for ₹120, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  28. 28.By selling a school bag for ₹962, a shopkeeper makes a profit of 30%. What did the school bag cost the shopkeeper (in ₹)?
  29. 29.By selling a bicycle for ₹180, a shopkeeper makes a loss of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a pressure cooker for ₹85, a shopkeeper makes a loss of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  31. 31.By selling a bicycle for ₹1638, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.By selling a watch for ₹138, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  33. 33.By selling a bicycle for ₹170, a shopkeeper makes a loss of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  34. 34.By selling a cricket bat for ₹2250, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  35. 35.By selling a pair of shoes for ₹1155, a shopkeeper makes a profit of 5%. What did the pair of shoes cost the shopkeeper (in ₹)?
  36. 36.A bicycle bought for ₹260 is sold at a profit of 15%. What is the selling price (in ₹)?
  37. 37.A watch bought for ₹1120 is sold at a profit of 30%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a table fan for ₹1400 and sells it for ₹2100. Find the profit percent.
  39. 39.A pressure cooker bought for ₹1260 is sold at a profit of 50%. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a cricket bat for ₹1260 and sells it for ₹1575. Find the profit percent.

Answer key

  1. 336
  2. 560
  3. 400
  4. 728
  5. 780
  6. 620
  7. 5
  8. 620
  9. 1140
  10. 40
  11. 5
  12. 1320
  13. 1188
  14. 1120
  15. 10
  16. 1880
  17. 20
  18. 680
  19. 50
  20. 50
  21. 5
  22. 1625
  23. 425
  24. 527
  25. 30
  26. 40
  27. 240
  28. 740
  29. 240
  30. 100
  31. 1560
  32. 120
  33. 200
  34. 1800
  35. 1100
  36. 299
  37. 1456
  38. 50
  39. 1890
  40. 25

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