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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 918 · 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 cricket bat for ₹1064, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.A shopkeeper buys a bicycle for ₹380 and sells it for ₹570. Find the profit percent.
  3. 3.A shopkeeper buys a study lamp for ₹220 and sells it for ₹264. Find the profit percent.
  4. 4.A shopkeeper buys a watch for ₹500 and sells it for ₹400. Find the loss percent.
  5. 5.A shopkeeper buys a pair of shoes for ₹740 and sells it for ₹888. Find the profit percent.
  6. 6.By selling a watch for ₹290, a shopkeeper makes a loss of 50%. What did the watch cost the shopkeeper (in ₹)?
  7. 7.By selling a pair of shoes for ₹1207, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  8. 8.A cricket bat bought for ₹1960 is sold at a loss of 20%. What is the selling price (in ₹)?
  9. 9.A bicycle bought for ₹940 is sold at a profit of 40%. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a study lamp for ₹1880 and sells it for ₹2350. Find the profit percent.
  11. 11.A shopkeeper buys a watch for ₹1040 and sells it for ₹624. Find the loss percent.
  12. 12.A school bag bought for ₹1900 is sold at a loss of 15%. What is the selling price (in ₹)?
  13. 13.By selling a table fan for ₹1332, a shopkeeper makes a loss of 10%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.By selling a cricket bat for ₹1615, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  15. 15.By selling a study lamp for ₹308, a shopkeeper makes a profit of 10%. What did the study lamp cost the shopkeeper (in ₹)?
  16. 16.By selling a study lamp for ₹493, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  17. 17.By selling a pair of shoes for ₹1200, a shopkeeper makes a profit of 50%. What did the pair of shoes cost the shopkeeper (in ₹)?
  18. 18.By selling a bicycle for ₹230, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  19. 19.By selling a table fan for ₹1925, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  20. 20.A shopkeeper buys a bicycle for ₹1820 and sells it for ₹1365. Find the loss percent.
  21. 21.A shopkeeper buys a watch for ₹1400 and sells it for ₹700. Find the loss percent.
  22. 22.A shopkeeper buys a study lamp for ₹280 and sells it for ₹308. Find the profit percent.
  23. 23.A shopkeeper buys a school bag for ₹100 and sells it for ₹95. Find the loss percent.
  24. 24.By selling a cricket bat for ₹735, a shopkeeper makes a profit of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  25. 25.A pressure cooker bought for ₹180 is sold at a loss of 5%. What is the selling price (in ₹)?
  26. 26.By selling a pressure cooker for ₹120, a shopkeeper makes a loss of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  27. 27.A pair of shoes bought for ₹160 is sold at a profit of 25%. What is the selling price (in ₹)?
  28. 28.A watch bought for ₹1940 is sold at a profit of 50%. What is the selling price (in ₹)?
  29. 29.A study lamp bought for ₹700 is sold at a loss of 5%. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a bicycle for ₹1660 and sells it for ₹1577. Find the loss percent.
  31. 31.A shopkeeper buys a school bag for ₹760 and sells it for ₹722. Find the loss percent.
  32. 32.A shopkeeper buys a table fan for ₹640 and sells it for ₹768. Find the profit percent.
  33. 33.By selling a pair of shoes for ₹2688, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  34. 34.By selling a cricket bat for ₹1520, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  35. 35.A shopkeeper buys a bicycle for ₹1200 and sells it for ₹1140. Find the loss percent.
  36. 36.A shopkeeper buys a school bag for ₹960 and sells it for ₹1104. Find the profit percent.
  37. 37.A shopkeeper buys a school bag for ₹1880 and sells it for ₹1692. Find the loss percent.
  38. 38.A shopkeeper buys a table fan for ₹100 and sells it for ₹85. Find the loss percent.
  39. 39.By selling a cricket bat for ₹1235, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  40. 40.By selling a cricket bat for ₹90, a shopkeeper makes a loss of 10%. What did the cricket bat cost the shopkeeper (in ₹)?

Answer key

  1. 760
  2. 50
  3. 20
  4. 20
  5. 20
  6. 580
  7. 1420
  8. 1568
  9. 1316
  10. 25
  11. 40
  12. 1615
  13. 1480
  14. 1700
  15. 280
  16. 580
  17. 800
  18. 460
  19. 1540
  20. 25
  21. 50
  22. 10
  23. 5
  24. 700
  25. 171
  26. 200
  27. 200
  28. 2910
  29. 665
  30. 5
  31. 5
  32. 20
  33. 1920
  34. 1600
  35. 5
  36. 15
  37. 10
  38. 15
  39. 1300
  40. 100

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