Practice Profit and loss Questions and Answers

• Amit makes 900 articles at a cost of 40 paise/article. He fixed the selling price such that if only 500 articles are sold, he would have made profit of 50%...
• A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
• After selling 20 pens, a Shopkeeper earn a profit of the selling price of 6 books. While selling 20 books, a shopkeeper losses a selling price of 8 pens. T...
• A shopkeeper sells his article at a loss of 5% but dishonestly gives 20% less weight. So find out his overall profit and Loss?
• The cost price of two dozen bananas is Rs. 96. After selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per doze...
• A fruit seller bought some mangoes. By selling 50% of total mangoes he got a profit of equal to 50% of his overall cost and 80% of remaining mangoes he sel...
• A man finds that the cost price of 4950 articles is same as the selling price of 4500 articles. Find his profit/loss%?
• The ratio between the sale price and the cost price of an article is 32 : 24. What is the ratio between the profit and the cost price of that article?
• Profit on selling 40 pens equals selling price of 12 books while loss on selling 40 books equals selling price of 16 pens. Also profit percentage equals to...
• A Company allow 8% commission on the total sales to its salesman but if the salesman is appointed on a fix salary of Rs. 5000 and 6% commission on the sale...
• Charan went to purchase an Apple iPhone, the shopkeeper told him to pay 30% GST, if he asked the bill. Charan manages to get the discount of 10% on the act...
• A Publisher published 2500 books for Rs. 175000. He gave 400 books free as samples to some books shops, besides he was able to sell 2/3rd of the remaining ...
• The cost price of two dozen bananas is Rs.192 . After selling 18 bananas at the rate of Rs. 72 per dozen, the shopkeeper reduced to rate of Rs. 48 per doze...
• A merchant has 150 Kg of rice, part of which he sells at 8% profit and the rest at 2% loss. If he gains 4.67% on the whole, the quantity sold at 8% profit ...
• Mohan sold an article for Rs. 15,000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price?&n...
• While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price of ...
• Ajay and Vijay sold their Bikes at Rs 48400 each but Ajay incurred a loss of 20%, while Vijay gained 10%. What is the ratio of the cost price of the Bikes ...
• Mr. Joseph makes 1800 articles at a cost of 40 paise/article. He fixed the selling price such that if only 1000 articles are sold, he would have made profi...
• A Shopkeeper gives 2 articles free on the purchase of every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find the r...
• A person bought an article and sold it at a loss of 20%. If he had bought it at 10% less price and sold it for 7400 more, he would have gained 30%. Find th...
• After selling 20 pens, a Shopkeeper earn a profit of the selling price of 6 books. While selling 20 books, a shopkeeper losses a selling price of 8 pens. T...
• After selling 60 Fans a shopkeeper earn a profit of the selling price of 18 coolers. While selling 60 coolers a shopkeeper losses the selling price of 24 f...
• A debtor can pay 78 paise in the rupee, but if his creditors would take 25% of his debts, he could pay them and have Rs 48 left. His debts and assets respe...
• Snap deal wishes to gain 35% after allowing 10% discount on the market price to his customers. At what percent higher than the cost price must they mark th...
• A person bought an article and sold it at a loss of 25%. If he had bought it at 20% less and sold it for 63 more, he would have gained 20%. Find the profit...
• What will be the percentage profit after selling an article at a certain price if there is a loss of 30% if the article is sold at 1/4th of the previous se...
• A tradesman gives 6% discount on the market price and gives 1 article free for buying every 11 articles and thus gains 30%. The marked price is approximate...
• A person bought an article and sold it at a loss of 20%. If he had bought it at 10% loss and sold it for 74 more, he would have gained 30%. Find the profit...
• Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while...
• The cost price of two dozen bananas is Rs. 48 after selling 9 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per dozen. ...
• A started a business with an investment of Rs 32,000. After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2 mo...
• Divisor is 6 times of Quotient and 2 times of its remainder. If the remainder is 18. Find the dividend?
• A shopkeeper sells a badminton shuttle whose marked price is Rs 15, at a discount of 20% and gives a lollipop costing Rs 2.50 free with each shuttle. Even ...
• A product costs a company Rs 120 to manufacture and it sold the product to a dealer for Rs 140, who is turn sold it to a shopkeeper for Rs 170, who sold to...
• A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
• A dishonest fruit seller sells fruits at 8 % loss. If he uses 860gm weight in place of 1kg weight, then what is his profit percent? 
• A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
• A Shopkeeper gives 2 articles free on the purchase of every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find the r...
• Ajay and Vijay sold their Bikes at Rs 48400 each but Ajay incurred a loss of 20%, while Vijay gained 10%. What is the ratio of the cost price of the Bikes ...
• A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...