Practice Profit and loss Questions and Answers

• 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 ...
• A ceramic bowl with a cost price of Rs. 200 is marked 40% above its cost price and sold after two successive discounts of Rs. 40 and 5%, respectively. Find...
• Find the original cost price of an item that A sold with a 40% profit. If the profit percentage had been numerically equal to cost price, the current profi...
• A man bought an article at a certain price, marked it 32% above the cost price and sold it after giving a discount of 25%. If he had bought it for 20% less...
• A shopkeeper bought 'x - 44' kg of sugar at Rs. 60 per kg and 44 kg of sugar at Rs. 'x' per kg and mixed them. He sold the mixture at Rs. 92.3 per kg and t...
• A shopkeeper sells a luxury watch at a markup price, which is (100/3)% above its cost price. Had he purchased the watch for Rs. 300 more and sold it after ...
• What is the total selling price of two clothes 'shirts' and 'Pants,' when a shopkeeper has made a profit of (13/37) times the cost price of 'Shirt'and incu...
• The cost price of a bag of Rice is Rs. 240 more than that of a bag of Sugar. The Rice bag is sold at a loss of 25%, while the Sugar bag is sold at a profit...
• A shopkeeper originally priced an item at 60% above its cost price and then offered a 15% discount before selling it. If the shopkeeper had initially marke...
• A reduction of 10% in the price of sugar enables a man to buy 5 kg more for RS 300. Find the reduced price per kg of sugar.
• The average cost price of two products, Lakme and Fruitjoy, is Rs. 400. These products are sold at profits of 10% and 20%, respectively. If the combined se...
• What will be the cost price of an Wheat bag if a shopkeeper initially marked it 75% above the cost price and then offered two successive discounts of 20% a...
• Find the cost price of the digital watch for the shopkeeper if he initially marked it at 80% above the cost price and later offered two successive discount...
• The initial item has a markup and discount percentage both set at 15%, with a selling price of Rs. 1955. If a discount of 10% is applied to the same item, ...
• Following the sale of apples with a 30% profit, the seller made an intriguing discovery. He observed that the marked price of an apple exceeded the combine...
• The article is sold at a profit of 50%. If the purchasing price doubles and the selling price halves, what will be the percentage of profit or loss?
• B purchased 15 kg apples at the rate of 180 per kg from a wholesaler who uses a weight of 900 grams for the kg weight. B sold all these apples at 180 per k...
• A loss of 10(1/2) % gets converted into a profit of 11(3/5) % when the selling price is increased by Rs 265.20. The cost price (in Rs) of the article is:
• P purchased two items, a Table fan and a Ceiling fan, at the same cost price. She applied markups of 35% and 52% on the Table fan and Ceiling fan, respecti...
• Amit is offering two consecutive discounts on a smartphone marked priced at Rs. 18,000. The final selling price is Rs. 12,420 after applying the first disc...
• If the selling price of 5 items is equal to the cost price of 8 items, then what will be the profit percentage?