Practice Profit and loss Questions and Answers

• A Bread packet  is sold at a profit of 20% after a discount of 25%. where the difference between profit and discount is Rs.370 then what will be the marke...
• A seller marked an article 25% above its cost price and sold it after giving a discount of Rs. 60. If the seller earned a profit of 20% in the transaction,...
• The ratio of marked price, cost price and selling price of an article is 17:12:8, individually. If the difference between marked price and cost price of th...
• A shopkeeper claims to incur a loss of 20% but uses a weight of 640 grams in place of 1kg   If the CP of the rice is Rs 80/kg , what will be the % of actu...
• A man sells an article at a certain price incurring 20% loss. If he had sold the same article for Rs. 20 more he would have earned 20% profit. What was the...
• Jeetu purchased an article at some price and sold it at profit of 10%, he had purchased it at 15% more and sold it at a profit of 20%, then the selling pri...
• An article Marked price is 30% above its cost price and it is sold at a discount of 10% making a profit of Rs.850.Then, what will be the selling price of a...
• A dealer marks his article 50% above the cost price and gives a discount of 20% on it. If he later marked his article 75% above the cost price and gave a d...
• Anu sells articles A and B for ₹4,000 each, with no loss or profit in the entire transaction. If A is sold at a 25% profit, then B is sold at a loss of:
• The ratio between the cost price of article A and B is 9:8 respectively. Each of the articles was marked 40% above its cost price. If the MRP of article A ...
• Each of the articles was marked 25% above its cost price and while selling 12% discount was given on it. The cost price of article M is Rs. 500 more than t...
• A person buys three articles having some cost price and sells at (142/7)%, (12.5)% and (81/3)% profit respectively. If he gets overall Rs. 630 as a profit....
• The ratio of cost price to marked price of a rice bag is 7:8 and the Marchant gets a profit of Rs.80 by selling the rice bag at Rs. 500. Then, what will be...
• Each of the articles is marked 80% above its cost price and a 30% discount was given on it while selling. The selling price of article A is Rs. 126 less th...
• The ratio between the marked price and cost price of an article is B:A respectively. The ratio between the selling price and marked price of the article is...
• Raju purchased 20 dozen bananas at ₹40 per dozen. He sold 8 dozen of it at 10% profit and the remaining 12 dozen at 20% profit. What is his profit% in th...
• Arjun sells an article at profit of 8%. If he had bought it at 5% less and sold it for ₹120 more he would have made a profit of 20%. what will be the the...
• The selling price of article P is Rs. 228 more than that of article Q. Article Q is marked 45% above its cost price and while selling ‘y’ % discount is...
• A shopkeeper selling an item for Rs.(a + 500), and suffered a loss of 20%. suppose he sells it for Rs.(2a – 500), he will make a profit of 20%. Find the ...
• Ajay bought a table Fan and a wall Fan for Rs. __ and Rs. 1500 respectively. He marked the table Fan 20% above the cost price and the Wall fan 25% above th...
• An article is marked (p+15)% above its cost price. While selling the same article (p-20)% discount was given on it. The amount of discount given on the art...
• When a shopseller offers a discount of d% on item A and (d + 5)% on item B, quoting an equal marked price on both the items. If the ratio of S.P of item A ...
• A man bought 5 articles K, L, M, N, O at Rs. 620 each. Selling prices of K,L, M,N and O were x, x+ 20, x +25, x +75, x +80 respectively. Overall profit per...
• A man earns a profit of 10 percent by selling a mobile for a certain price. If he sells that mobile at double the price, then what will be the profit perce...
• Table given below shows the cost price and selling price of five different articles. Which of the following is correct order of profit percentage? ...
• Mohan bought a new car from the showroom and after one year he sold it to Shyam at a profit of 20 percent. Shyam sold the same car to Sumit at the loss of ...
• A Washing Machine  was sold with two successive discounts of 12% and 20%. If it had been sold with a single discount of 32%, there would have been a loss ...
• A shopkeeper purchased two articles, P and Q at Rs 200 each. He sold article P and Q at a profit of Rs 40 and Rs 50 respectively. He also offered a discoun...
• A merchant increased the price of a blouse by 20%. If the labeled price of the blouse is Rs. 600, and in this transaction, the shopkeeper made a profit of ...
• A vendor vended an item at a price 40% higher than its cost. If he had set the item's price at 60% above the cost, calculate the discount percentage given ...
• A merchant employs an inaccurate weight of 800 grams instead of 1 kg when selling sugar. If he labels the sugar's price as 20% higher than its cost price, ...
• A merchant labeled an item with a price 40% higher than the cost price and subsequently sold it with a discount of d%, resulting in a 5% profit. Determine ...
• Rohit sold an item with an 18% profit. However, if he had sold the item at a 13% loss, he would have made Rs. 930 less. If he originally marked the item at...
• The cost price of 32 pineapples is Rs. 80. If they are sold at a 20% profit, how many pineapples need to be sold for exactly Rs. 72 to break even, consider...
• What was the cost price of an item that a shopkeeper sold at a 20% discount after initially marking it up by 60%, resulting in a profit of Rs. 126?
• Neeraj and Dheeraj are two friends. Neeraj calculates his profit % on the selling price while Dheeraj calculates his profit % on the cost price. If both cl...
• A shopkeeper loses 15% by selling article A for Rs 212.50 and gains 35% by selling article B for Rs 1012.50. What is his overall gain percentage in the who...
• Find a single discount percentage equivalent to successive discounts of 20%, 30%, and 35% ?
• The price of some wooden furniture increases by 65% when it passes through three hands. If the first and second sellers made a profit of 20% and 25%, respe...
• Determine the original price of an item purchased by A from a shopkeeper. A received a discount of 20%, while B bought the same item with a 37.5% discount ...