Practice Profit and loss Questions and Answers

• ‘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...
• D-Mart sold two toys - one at 10% loss and another at 20% profit. What is the percent profit or loss if the cost prices of the toys are in the ratio 3:2?
• A shopkeeper sells two items at the same price for Rs 2800 each. If he sells one item at 40% profit and other at 30% loss, find the loss incurred by the sh...
• A Shopkeeper sold an article at 20% loss. If he had sold it for Rs. 420/- more, he would have made 40% profit, find the selling price of the article?
• A dishonest seller uses a weight of 900 gms instead of 1 kg and also sells his goods at 10% more than CP. Find his approx. profit percent.
• Rajendra purchased a bike for Rs 72,500/- and a laptop for Rs 32,000/-. He sold the bike at a profit of 20% and the laptop at a loss of 25%. Find his overa...
• Nikhil purchased a house for Rs. 20,00,000/- and gave it on rent immediately at the rate of Rs. 15,000/- per month. After five months, he sold the house fo...
• A man bought 18 glasses for Rs.12 and sold 12 glasses for Rs 18. What is the profit percent?
• If a shopkeeper buys toys at a price ranging from Rs. 175 to Rs. 200 and sells at prices ranging from Rs. 275 to Rs. 300, what is the maximum possible prof...
• A Shopkeeper sold an article at 5% loss. If he had sold it for Rs. 350/- more, he would have made 20% profit, find the selling price of the article?
• A dishonest seller, at the time of selling and purchasing uses weight 10% less and 20% more per kg respectively. Find the approx. percent profit earned by ...
• When a shopkeeper sells 6 articles for Rs 30, he earns a profit of 25%. What will be his gain or loss percent if he sells 14 articles at Rs 61.60? 
• The cost price of article A and B is Rs. ‘X’ and Rs. (X + 750), respectively. Article A is sold at 20% profit while article B is sold at 10% loss. If s...
• A loss of 10(1/2)% gets converted into a profit of 11(3/5)% when the selling price is increased by Rs132.60. The cost price (in Rs) of the article is:
• A shopkeeper sold an article at a gain of 20%. Had he bought it for 20% less than the original cost and sold it for ₹10 less, he would have gained 25%. T...
• A dealer sold an article at a loss of 4%. Had he sold it for ₹120 more, he would have gained 8%. To gain 11%, he should sell the article for?
• After giving a discount of 20% on the marked price of an article, it is sold for ₹120. Had the discount not been given, the profit would have been 20%. W...
• A shopkeeper has some toys. He sells two-third of the toys at a profit of 35% and the remaining toys at 10% loss. What is his overall percentage of profit?
• A man sells two articles at 29.180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
• Roshan purchased 100 rolls of paper for Rs. 27 per roll. He spent Rs. 600 on their transportation. He also paid 50 paise per roll for packing of each roll....
• Roshan purchased 100 rolls of paper for Rs. 32 per roll. He spent Rs. 450 on their transportation. He also paid 20 paise per roll for packing of each roll....
• A man purchased 100 rolls of paper for Rs. 50 per roll. He spent Rs. 800 on their transportation. He also paid 10 paise per roll for packing of each roll. ...
• A man purchased 100 rolls of paper for Rs. 60 per roll. He spent Rs. 750 on their transportation. He also paid 20 paise per roll for packing of each roll. ...
• A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 24, then f...
• A trader marked an article 40% above its cost price and sold it after allowing a discount of 25%. If the transaction resulted in a profit of Rs. 30, then f...
• A trader marked an article 50% above its cost price and sold it after allowing a discount of 30%. If the transaction resulted in a profit of Rs. 32, then f...
• A trader marked an article 25% above its cost price and sold it after allowing a discount of 17%. If the transaction resulted in a profit of Rs. 36, then f...
• A trader marked an article 40% above its cost price and sold it after allowing a discount of 20%. If the transaction resulted in a profit of Rs. 30, then f...
• A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 40, then f...
• A trader marked an article 35% above its cost price and sold it after allowing a discount of 25%. If the transaction resulted in a profit of Rs. 20, then f...
• A man sold 30 articles for ₹100 and gained 20%. The number of articles he bought for ₹100 was:
• On selling an anicle for ₹984, Arnn loses 18%. In order to gain 15%, he must sell it for:
• Jagat Singh sold an article for ₹6,000 and incurred a loss. Had be sold it for ₹7,400, his profit would have been 2/3 of the amount of loss that he inc...
• Selling price of article ‘A’ when sold at a profit of 50% is Rs. 100 more than its selling price when sold at a loss of 30%. If the cost price of artic...