Practice Profit and loss Questions and Answers

• A shopkeeper sold a school bag at a profit of 42%. Had he sold the school bag at 22% profit he would have earned Rs.124 less. Find the cost price of the sc...
• Some toffees were bought at rate of 11 for Rs10 and same number at the rate of 9 for Rs10. If the whole lot was sold at one rupee per toffee, then gain% or...
• A shopkeeper sells an article at profit of 20% and uses a weight of 25% less instead of 1 kg. Find his actual profit?
• The difference between selling an item at an 18 percent loss and at a 14 percent profit is Rs. 1000. At what price should the item be sold to make a profit...
• A seller marked his article 65% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transact...
• A seller marked his article 60% above the cost price and sold it after offering two successive discounts of 50% and 20% respectively. In the whole transact...
• A seller marked his article 75% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transact...
• A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transact...
• A seller marked his article 70% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transact...
• A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 20% respectively. In the whole transact...
• P purchased a book from registered store and gets 13% discount while Q purchased the same book from a roadside stall and got 16% discount. If Q paid Rs. 21...
• P purchased a book from registered store and gets 12% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs. 12...
• P purchased a book from registered store and gets 11% discount while Q purchased the same book from a roadside stall and got 17% discount. If Q paid Rs. 13...
• P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 19% discount. If Q paid Rs. 89...
• P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs. 10...
• P purchased a book from registered store and gets 12% discount while Q purchased the same book from a roadside stall and got 15% discount. If Q paid Rs. 18...
• P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs. 13...
• P purchased a book from registered store and gets 20% discount while Q purchased the same book from a roadside stall and got 24% discount. If Q paid Rs. 11...
• The marked price of an article is Rs. 400 more than its cost price. The article is sold at 25% discount such that the seller earns a profit of Rs. 25. Find...
• The marked price of an article is Rs. 450 more than its cost price. The article is sold at 15% discount such that the seller earns a profit of Rs. 25. Find...
• A shopkeeper marked an article ‘A’ 60% above the cost price and sold it for Rs. 1008 after giving a certain discount while he sold an article ‘B’ f...
• A shopkeeper marked an article ‘A’ 20% above the cost price and sold it for Rs. 1008 after giving a certain discount while he sold an article ‘B’ f...
• Some fruits are bought at 20 for Rs.160 and an equal number of fruits at 15 for Rs.140. If all the fruits are sold at Rs.144 per dozen, then what is the pr...
• Marked price, selling price and cost price of an article are in the ratio 13:10:8. If difference between marked price and cost price of an article is Rs. 1...
• Marked price, selling price and cost price of an article are in the ratio 10:7:5. If difference between marked price and cost price of an article is Rs. 13...
• Find the profit percentage earned on a school bag if it was sold at Rs.1472 after offering a discount of 20% and the marked price of a school bag is Rs.560...
• Find the profit percentage earned on a school bag if it was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs.430...
• Find the profit percentage earned on a school bag if it was sold at Rs.1710 after offering a discount of 10% and the marked price of a school bag is Rs.380...
• Find the profit percentage earned on a school bag if it was sold at Rs.1746 after offering a discount of 10% and the marked price of a school bag is Rs.440...
• A and B started a business by investing sum in the ratio 3:5 respectively for 10 and 12 months respectively. If annual profit earned by B is Rs.1600, then ...
• A and B started a business with investments in the ratio 2:3 respectively. After 4 months, C joined them with an investment 35% more than the investment of...
• A, B and C enter into a partnership, A invest 6X + 15000, B invest 3X + 1000 and C invest X + 8000 for one year if B share is 4000 from total profit of 160...
• A’ and ‘B’ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If ‘A’ invested his sum for only 4 mo...
• ‘A’ and ‘B’ started a business by investing Rs.7500 and Rs. 9000, respectively. 4 months later, ‘C’ joined them with an...
• Three partners ‘A’, ‘B’ and ‘C’ started a business by investing in the ratio 2:5:6 respectively and the ratio of time for which they made their...
• Ratio of MP and SP of an article is 8:5 and the article is sold at 25% profit. Find cost price of article, if the selling price is 200 more than its CP?
• Ratio of MP and SP of an article is 5:3 and the article is sold at 20% profit. Find cost price of article, if the selling price is 100 more than its CP?
• Ratio of MP and SP of an article is 9:6 and the article is sold at 20% profit. Find cost price of article, if the selling price is 100 more than its CP?
• Ratio of Cost price to selling price of a book is 5:6 and ratio of selling price to marked price is 4:5. Marked price of the book is by what percent more t...
• The cost price of an article is ₹520. Some part of it is sold at 16% loss and the remaining part at some profit %. In this transaction, there is a profit...