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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 897 · 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 bicycle for ₹396, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  2. 2.A shopkeeper buys a study lamp for ₹1920 and sells it for ₹1344. Find the loss percent.
  3. 3.A table fan bought for ₹1940 is sold at a loss of 10%. What is the selling price (in ₹)?
  4. 4.By selling a pair of shoes for ₹1562, a shopkeeper makes a profit of 10%. What did the pair of shoes cost the shopkeeper (in ₹)?
  5. 5.A table fan bought for ₹1760 is sold at a profit of 20%. What is the selling price (in ₹)?
  6. 6.By selling a watch for ₹1098, a shopkeeper makes a loss of 10%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.A study lamp bought for ₹1680 is sold at a profit of 40%. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a school bag for ₹460 and sells it for ₹391. Find the loss percent.
  9. 9.A table fan bought for ₹60 is sold at a loss of 30%. What is the selling price (in ₹)?
  10. 10.A bicycle bought for ₹1560 is sold at a loss of 15%. What is the selling price (in ₹)?
  11. 11.By selling a table fan for ₹980, a shopkeeper makes a loss of 50%. What did the table fan cost the shopkeeper (in ₹)?
  12. 12.By selling a table fan for ₹1232, a shopkeeper makes a loss of 20%. What did the table fan cost the shopkeeper (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹380 and sells it for ₹532. Find the profit percent.
  14. 14.By selling a bicycle for ₹60, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a bicycle for ₹1580 and sells it for ₹1659. Find the profit percent.
  16. 16.By selling a bicycle for ₹2225, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  17. 17.By selling a bicycle for ₹798, a shopkeeper makes a loss of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  18. 18.A shopkeeper buys a pressure cooker for ₹1320 and sells it for ₹990. Find the loss percent.
  19. 19.By selling a watch for ₹1343, a shopkeeper makes a loss of 15%. What did the watch cost the shopkeeper (in ₹)?
  20. 20.By selling a cricket bat for ₹1520, a shopkeeper makes a loss of 20%. What did the cricket bat cost the shopkeeper (in ₹)?
  21. 21.A shopkeeper buys a cricket bat for ₹1560 and sells it for ₹1092. Find the loss percent.
  22. 22.By selling a watch for ₹1701, a shopkeeper makes a profit of 5%. What did the watch cost the shopkeeper (in ₹)?
  23. 23.By selling a cricket bat for ₹306, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  24. 24.A shopkeeper buys a pair of shoes for ₹1000 and sells it for ₹600. Find the loss percent.
  25. 25.By selling a pressure cooker for ₹2300, a shopkeeper makes a profit of 25%. What did the pressure cooker cost the shopkeeper (in ₹)?
  26. 26.By selling a bicycle for ₹384, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  27. 27.A cricket bat bought for ₹440 is sold at a profit of 50%. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a bicycle for ₹1320 and sells it for ₹1386. Find the profit percent.
  29. 29.By selling a bicycle for ₹1568, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  30. 30.By selling a cricket bat for ₹1540, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a bicycle for ₹1960 and sells it for ₹2744. Find the profit percent.
  32. 32.A bicycle bought for ₹620 is sold at a loss of 15%. What is the selling price (in ₹)?
  33. 33.By selling a school bag for ₹240, a shopkeeper makes a loss of 50%. What did the school bag cost the shopkeeper (in ₹)?
  34. 34.By selling a watch for ₹1400, a shopkeeper makes a profit of 40%. What did the watch cost the shopkeeper (in ₹)?
  35. 35.By selling a study lamp for ₹2016, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  36. 36.By selling a school bag for ₹675, a shopkeeper makes a loss of 25%. What did the school bag cost the shopkeeper (in ₹)?
  37. 37.A pressure cooker bought for ₹1340 is sold at a loss of 20%. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a study lamp for ₹1640 and sells it for ₹1394. Find the loss percent.
  39. 39.By selling a cricket bat for ₹969, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  40. 40.A pressure cooker bought for ₹860 is sold at a loss of 25%. What is the selling price (in ₹)?

Answer key

  1. 360
  2. 30
  3. 1746
  4. 1420
  5. 2112
  6. 1220
  7. 2352
  8. 15
  9. 42
  10. 1326
  11. 1960
  12. 1540
  13. 40
  14. 120
  15. 5
  16. 1780
  17. 840
  18. 25
  19. 1580
  20. 1900
  21. 30
  22. 1620
  23. 360
  24. 40
  25. 1840
  26. 480
  27. 660
  28. 5
  29. 1960
  30. 1100
  31. 40
  32. 527
  33. 480
  34. 1000
  35. 1440
  36. 900
  37. 1072
  38. 15
  39. 1140
  40. 645

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