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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 938 · 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 shopkeeper buys a cricket bat for ₹60 and sells it for ₹66. Find the profit percent.
  2. 2.A shopkeeper buys a pair of shoes for ₹340 and sells it for ₹204. Find the loss percent.
  3. 3.By selling a cricket bat for ₹1541, a shopkeeper makes a profit of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  4. 4.A shopkeeper buys a study lamp for ₹1540 and sells it for ₹1463. Find the loss percent.
  5. 5.By selling a bicycle for ₹1078, a shopkeeper makes a loss of 30%. What did the bicycle cost the shopkeeper (in ₹)?
  6. 6.A shopkeeper buys a study lamp for ₹440 and sells it for ₹352. Find the loss percent.
  7. 7.A pressure cooker bought for ₹700 is sold at a profit of 10%. What is the selling price (in ₹)?
  8. 8.By selling a school bag for ₹680, a shopkeeper makes a loss of 15%. What did the school bag cost the shopkeeper (in ₹)?
  9. 9.A shopkeeper buys a table fan for ₹1420 and sells it for ₹1491. Find the profit percent.
  10. 10.By selling a cricket bat for ₹2130, a shopkeeper makes a profit of 50%. What did the cricket bat cost the shopkeeper (in ₹)?
  11. 11.By selling a bicycle for ₹1170, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  12. 12.By selling a school bag for ₹207, a shopkeeper makes a profit of 15%. What did the school bag cost the shopkeeper (in ₹)?
  13. 13.By selling a pressure cooker for ₹852, a shopkeeper makes a loss of 40%. What did the pressure cooker cost the shopkeeper (in ₹)?
  14. 14.By selling a cricket bat for ₹361, a shopkeeper makes a loss of 5%. What did the cricket bat cost the shopkeeper (in ₹)?
  15. 15.A shopkeeper buys a pressure cooker for ₹1780 and sells it for ₹890. Find the loss percent.
  16. 16.By selling a cricket bat for ₹938, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  17. 17.A shopkeeper buys a school bag for ₹1900 and sells it for ₹2660. Find the profit percent.
  18. 18.A cricket bat bought for ₹860 is sold at a loss of 20%. What is the selling price (in ₹)?
  19. 19.By selling a cricket bat for ₹2200, a shopkeeper makes a profit of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  20. 20.A cricket bat bought for ₹1100 is sold at a loss of 30%. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹420 and sells it for ₹483. Find the profit percent.
  22. 22.By selling a study lamp for ₹1625, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹1060 and sells it for ₹1484. Find the profit percent.
  24. 24.A table fan bought for ₹980 is sold at a loss of 40%. What is the selling price (in ₹)?
  25. 25.By selling a bicycle for ₹375, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  26. 26.A shopkeeper buys a school bag for ₹160 and sells it for ₹192. Find the profit percent.
  27. 27.A shopkeeper buys a pair of shoes for ₹1060 and sells it for ₹1007. Find the loss percent.
  28. 28.By selling a school bag for ₹1122, a shopkeeper makes a loss of 15%. What did the school bag cost the shopkeeper (in ₹)?
  29. 29.A pair of shoes bought for ₹1980 is sold at a loss of 40%. What is the selling price (in ₹)?
  30. 30.By selling a table fan for ₹1428, a shopkeeper makes a profit of 40%. What did the table fan cost the shopkeeper (in ₹)?
  31. 31.By selling a bicycle for ₹342, a shopkeeper makes a loss of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  32. 32.A shopkeeper buys a pressure cooker for ₹500 and sells it for ₹300. Find the loss percent.
  33. 33.By selling a school bag for ₹156, a shopkeeper makes a loss of 40%. What did the school bag cost the shopkeeper (in ₹)?
  34. 34.A table fan bought for ₹1840 is sold at a profit of 5%. What is the selling price (in ₹)?
  35. 35.By selling a cricket bat for ₹180, a shopkeeper makes a loss of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  36. 36.By selling a cricket bat for ₹1068, a shopkeeper makes a loss of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  37. 37.By selling a school bag for ₹1092, a shopkeeper makes a profit of 30%. What did the school bag cost the shopkeeper (in ₹)?
  38. 38.A watch bought for ₹1420 is sold at a loss of 15%. What is the selling price (in ₹)?
  39. 39.By selling a pressure cooker for ₹1320, a shopkeeper makes a profit of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a study lamp for ₹520 and sells it for ₹780. Find the profit percent.

Answer key

  1. 10
  2. 40
  3. 1340
  4. 5
  5. 1540
  6. 20
  7. 770
  8. 800
  9. 5
  10. 1420
  11. 1300
  12. 180
  13. 1420
  14. 380
  15. 50
  16. 1340
  17. 40
  18. 688
  19. 1760
  20. 770
  21. 15
  22. 1300
  23. 40
  24. 588
  25. 300
  26. 20
  27. 5
  28. 1320
  29. 1188
  30. 1020
  31. 380
  32. 40
  33. 260
  34. 1932
  35. 300
  36. 1780
  37. 840
  38. 1207
  39. 1200
  40. 50

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