Practice Profit and loss Questions and Answers

• 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...
• A shopkeeper first allows a discount of 20% on a certain variety of cloth and then further gives a discount if 15% to the persons holding a shareholder’s...
• 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 Shopkeeper marks the price of a refrigerator at Rs. 30,000/- and gives a discount of 15%. He also gives a mixer grinder worth Rs. 1,500 free with the ref...
• A shopkeeper give 4 articles free on the purchase of every 12 articles. He also allows a discount of 20% to customer and still earns 20% profit. Find the r...
• A traveller wants to earn % profit even after allowing a discount of 20%. Find by how much % he has to increase his cost price to make M.P.?...
• A man lost one-fourth of his initial amount in the gambling after playing three rounds. The rule of Gambling is that if he wins he will receive Rs. 1000, b...
• 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...
• Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 800 g...
• While selling a Bike, Neil gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs.70 less as profit. The marked price of t...
• Matthew sells Chocolates in the packs of 6 chocolates, 12 chocolates, 18 chocolates and 24 chocolates etc, but the rate is necessarily uniform. One day Car...
• John went to purchase a Bike, the shopkeeper told him to pay 30% GST, if he asked the bill. John manages to get the discount of 10% on the actual selling p...
• 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...
• The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per dozen....
• A Shopkeeper marks his goods 50% above a CP and gives 30% discount to customer. At the time of selling the goods he uses 800 gm weight instead of 1 kg.&nbs...
• An article is sold for Rs. 450 at 40% profit when profit is calculated on selling price. Find the profit% on cost price?
• A Shopkeeper gives 5 articles free on the purchase of every 15 articles. He also allow a discount of 20% to customer and still earn 20% profit. Find the ra...
• A shopkeeper first allows a discount of 25% on a certain variety of cloth and then further gives a discount of 20% to the person holding a shareholder&rsqu...
• If a commission of 20% is given on the marked price of a work, the publisher gains 40%. If the commission increased to 24%, then find the gain percent?
• A jeans is listed at Rs. 2,500 and the discount offered is 15%. What additional discount must be given to bring the net selling price of Rs. 1,950?
• A fruit vendor bought 300 bananas at Rs 20 per 10 bananas. 125 bananas got spoiled and hence thrown. He sold 12 dozen bananas at the rate of Rs 15 per doze...