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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 956 · 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 table fan bought for ₹60 is sold at a profit of 50%. What is the selling price (in ₹)?
  2. 2.By selling a watch for ₹2139, a shopkeeper makes a profit of 15%. What did the watch cost the shopkeeper (in ₹)?
  3. 3.By selling a pressure cooker for ₹935, a shopkeeper makes a loss of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  4. 4.A cricket bat bought for ₹560 is sold at a profit of 5%. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a bicycle for ₹1060 and sells it for ₹636. Find the loss percent.
  6. 6.By selling a table fan for ₹2250, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  7. 7.A watch bought for ₹60 is sold at a loss of 15%. What is the selling price (in ₹)?
  8. 8.A pair of shoes bought for ₹360 is sold at a profit of 25%. What is the selling price (in ₹)?
  9. 9.A cricket bat bought for ₹1080 is sold at a profit of 20%. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a pair of shoes for ₹400 and sells it for ₹340. Find the loss percent.
  11. 11.By selling a pair of shoes for ₹1848, a shopkeeper makes a profit of 40%. What did the pair of shoes cost the shopkeeper (in ₹)?
  12. 12.A shopkeeper buys a cricket bat for ₹1060 and sells it for ₹742. Find the loss percent.
  13. 13.By selling a table fan for ₹1512, a shopkeeper makes a profit of 20%. What did the table fan cost the shopkeeper (in ₹)?
  14. 14.A cricket bat bought for ₹1660 is sold at a profit of 40%. What is the selling price (in ₹)?
  15. 15.A school bag bought for ₹1880 is sold at a loss of 20%. What is the selling price (in ₹)?
  16. 16.By selling a table fan for ₹2450, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  17. 17.By selling a watch for ₹528, a shopkeeper makes a loss of 40%. What did the watch cost the shopkeeper (in ₹)?
  18. 18.By selling a bicycle for ₹1488, a shopkeeper makes a loss of 20%. What did the bicycle cost the shopkeeper (in ₹)?
  19. 19.By selling a school bag for ₹2408, a shopkeeper makes a profit of 40%. What did the school bag cost the shopkeeper (in ₹)?
  20. 20.By selling a study lamp for ₹357, a shopkeeper makes a loss of 15%. What did the study lamp cost the shopkeeper (in ₹)?
  21. 21.A shopkeeper buys a school bag for ₹440 and sells it for ₹220. Find the loss percent.
  22. 22.A bicycle bought for ₹960 is sold at a profit of 20%. What is the selling price (in ₹)?
  23. 23.A study lamp bought for ₹660 is sold at a profit of 15%. What is the selling price (in ₹)?
  24. 24.A table fan bought for ₹720 is sold at a profit of 40%. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a watch for ₹1580 and sells it for ₹1264. Find the loss percent.
  26. 26.A shopkeeper buys a watch for ₹560 and sells it for ₹476. Find the loss percent.
  27. 27.By selling a table fan for ₹994, a shopkeeper makes a loss of 30%. What did the table fan cost the shopkeeper (in ₹)?
  28. 28.By selling a bicycle for ₹430, a shopkeeper makes a loss of 50%. What did the bicycle cost the shopkeeper (in ₹)?
  29. 29.By selling a study lamp for ₹1344, a shopkeeper makes a loss of 30%. What did the study lamp cost the shopkeeper (in ₹)?
  30. 30.A shopkeeper buys a study lamp for ₹1840 and sells it for ₹2116. Find the profit percent.
  31. 31.By selling a pressure cooker for ₹630, a shopkeeper makes a profit of 5%. What did the pressure cooker cost the shopkeeper (in ₹)?
  32. 32.By selling a table fan for ₹2580, a shopkeeper makes a profit of 50%. What did the table fan cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a school bag for ₹1740 and sells it for ₹870. Find the loss percent.
  34. 34.By selling a study lamp for ₹2225, a shopkeeper makes a profit of 25%. What did the study lamp cost the shopkeeper (in ₹)?
  35. 35.By selling a watch for ₹576, a shopkeeper makes a profit of 20%. What did the watch cost the shopkeeper (in ₹)?
  36. 36.A watch bought for ₹740 is sold at a profit of 10%. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a study lamp for ₹1460 and sells it for ₹1825. Find the profit percent.
  38. 38.By selling a pressure cooker for ₹1104, a shopkeeper makes a profit of 15%. What did the pressure cooker cost the shopkeeper (in ₹)?
  39. 39.By selling a bicycle for ₹2300, a shopkeeper makes a profit of 25%. What did the bicycle cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹1860 and sells it for ₹2046. Find the profit percent.

Answer key

  1. 90
  2. 1860
  3. 1100
  4. 588
  5. 40
  6. 1800
  7. 51
  8. 450
  9. 1296
  10. 15
  11. 1320
  12. 30
  13. 1260
  14. 2324
  15. 1504
  16. 1960
  17. 880
  18. 1860
  19. 1720
  20. 420
  21. 50
  22. 1152
  23. 759
  24. 1008
  25. 20
  26. 15
  27. 1420
  28. 860
  29. 1920
  30. 15
  31. 600
  32. 1720
  33. 50
  34. 1780
  35. 480
  36. 814
  37. 25
  38. 960
  39. 1840
  40. 10

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