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Profit and Loss Worksheet

Quantitative aptitude lesson 12: Profit and loss · Set 959 · 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%).

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  1. 1.By selling a cricket bat for ₹357, a shopkeeper makes a loss of 15%. What did the cricket bat cost the shopkeeper (in ₹)?
  2. 2.By selling a bicycle for ₹484, a shopkeeper makes a profit of 10%. What did the bicycle cost the shopkeeper (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹1860 and sells it for ₹1767. Find the loss percent.
  4. 4.By selling a bicycle for ₹924, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  5. 5.A shopkeeper buys a pair of shoes for ₹1780 and sells it for ₹890. Find the loss percent.
  6. 6.By selling a school bag for ₹2024, a shopkeeper makes a profit of 10%. What did the school bag cost the shopkeeper (in ₹)?
  7. 7.By selling a table fan for ₹408, a shopkeeper makes a profit of 20%. What did the table fan cost the shopkeeper (in ₹)?
  8. 8.A shopkeeper buys a study lamp for ₹1360 and sells it for ₹1224. Find the loss percent.
  9. 9.A shopkeeper buys a pressure cooker for ₹2000 and sells it for ₹2600. Find the profit percent.
  10. 10.A shopkeeper buys a cricket bat for ₹1680 and sells it for ₹1848. Find the profit percent.
  11. 11.By selling a study lamp for ₹84, a shopkeeper makes a profit of 5%. What did the study lamp cost the shopkeeper (in ₹)?
  12. 12.A pair of shoes bought for ₹1660 is sold at a profit of 15%. What is the selling price (in ₹)?
  13. 13.By selling a watch for ₹506, a shopkeeper makes a profit of 10%. What did the watch cost the shopkeeper (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹740 and sells it for ₹629. Find the loss percent.
  15. 15.By selling a cricket bat for ₹270, a shopkeeper makes a loss of 25%. What did the cricket bat cost the shopkeeper (in ₹)?
  16. 16.By selling a study lamp for ₹2072, a shopkeeper makes a profit of 40%. What did the study lamp cost the shopkeeper (in ₹)?
  17. 17.A pair of shoes bought for ₹1780 is sold at a loss of 50%. What is the selling price (in ₹)?
  18. 18.By selling a table fan for ₹1700, a shopkeeper makes a profit of 25%. What did the table fan cost the shopkeeper (in ₹)?
  19. 19.A table fan bought for ₹1540 is sold at a profit of 5%. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a table fan for ₹1440 and sells it for ₹1080. Find the loss percent.
  21. 21.By selling a cricket bat for ₹2072, a shopkeeper makes a profit of 40%. What did the cricket bat cost the shopkeeper (in ₹)?
  22. 22.By selling a watch for ₹775, a shopkeeper makes a profit of 25%. What did the watch cost the shopkeeper (in ₹)?
  23. 23.By selling a bicycle for ₹368, a shopkeeper makes a profit of 15%. What did the bicycle cost the shopkeeper (in ₹)?
  24. 24.A pressure cooker bought for ₹560 is sold at a profit of 15%. What is the selling price (in ₹)?
  25. 25.By selling a watch for ₹416, a shopkeeper makes a profit of 30%. What did the watch cost the shopkeeper (in ₹)?
  26. 26.A shopkeeper buys a watch for ₹1400 and sells it for ₹1330. Find the loss percent.
  27. 27.A pair of shoes bought for ₹860 is sold at a profit of 10%. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cricket bat for ₹820 and sells it for ₹615. Find the loss percent.
  29. 29.A table fan bought for ₹1160 is sold at a profit of 10%. What is the selling price (in ₹)?
  30. 30.By selling a pressure cooker for ₹702, a shopkeeper makes a loss of 10%. What did the pressure cooker cost the shopkeeper (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹480 and sells it for ₹552. Find the profit percent.
  32. 32.By selling a bicycle for ₹1806, a shopkeeper makes a profit of 5%. What did the bicycle cost the shopkeeper (in ₹)?
  33. 33.A shopkeeper buys a study lamp for ₹1960 and sells it for ₹1372. Find the loss percent.
  34. 34.By selling a pair of shoes for ₹187, a shopkeeper makes a loss of 15%. What did the pair of shoes cost the shopkeeper (in ₹)?
  35. 35.By selling a bicycle for ₹1140, a shopkeeper makes a loss of 40%. What did the bicycle cost the shopkeeper (in ₹)?
  36. 36.A cricket bat bought for ₹1940 is sold at a loss of 40%. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cricket bat for ₹1940 and sells it for ₹2425. Find the profit percent.
  38. 38.A study lamp bought for ₹220 is sold at a loss of 5%. What is the selling price (in ₹)?
  39. 39.By selling a cricket bat for ₹378, a shopkeeper makes a loss of 30%. What did the cricket bat cost the shopkeeper (in ₹)?
  40. 40.A shopkeeper buys a school bag for ₹1660 and sells it for ₹830. Find the loss percent.

Answer key

  1. 420
  2. 440
  3. 5
  4. 880
  5. 50
  6. 1840
  7. 340
  8. 10
  9. 30
  10. 10
  11. 80
  12. 1909
  13. 460
  14. 15
  15. 360
  16. 1480
  17. 890
  18. 1360
  19. 1617
  20. 25
  21. 1480
  22. 620
  23. 320
  24. 644
  25. 320
  26. 5
  27. 946
  28. 25
  29. 1276
  30. 780
  31. 15
  32. 1720
  33. 30
  34. 220
  35. 1900
  36. 1164
  37. 25
  38. 209
  39. 540
  40. 50

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