Practice Profit and loss Questions and Answers

• 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...
• How many kilograms of rice cost Rs. 60 per kg? must be mixed with 24 kg. of rice costing Rs. 42 per kg. so that there may be a gain of 12% by selling the m...
• 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...
• The selling price of an article when sold at a loss of 15% is Rs. 175 less than the selling price of the same article when selling at a profit of 20%. If t...
• 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...
• Merchant bought 60 sheep at Rs. 120 per sheep. He sold 40 of them at Rs. 150 each. 10 of them died. What should be the selling price of the remaining sheep...
• Rani bought a refrigerator for 15,500 and sold it to Sony at a loss of 12%. Sony spent 3,360 on its repairs and sold it to Roja at a price that would have ...
• 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 ...