Practice Profit and loss Questions and Answers

• 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?
• If the cost price of 5 items is equal to the selling price of 8 items, then what will be the profit or loss percentage?
• If 15 buttons are bought at Rs 1 and sold at the rate of 10 buttons at Rs 1, what will be the percentage profit?
• If a pen is bought at 11/12th of its selling price and sold at 10% more than its selling price, what will be the percentage profit?
• If the selling price of an item is 3/4 of its cost price, then what will be the loss/profit percentage?
• If the Cost price of an item is 6/4 of its selling price, then what will be the loss/profit percentage?
• The sum of the income of Raj and Roni is Rs. 168000. A spends 50% of his income and B spends 75% of his income in such a way that B’s saving is Rs. 9000 ...
• Rajesh purchased 10 books, 30 copies, and 20 files, respectively for Rs 2000, Rs 1500, and Rs 1200 respectively from the whole sale shop. By selling each b...
• The ratio of difference between the present age of A and B to the present age of B and C is 6:1. 6 years hence, the ratio between the age of A and C is 21:...
• There is a certain number of articles in the warehouse. Each article is given distinct codes which is either a single digit number or two consecutive singl...
• A, B, and C started business by investing Rs 2500, Rs 3000, Rs 4000. After 8 months B decreased his investment by Rs. _________. If the annual profit recei...
• A seller priced a bag of rice 50% higher than its cost price and later sold it after applying a 20% discount. If the profit made by the seller was Rs. 40, ...
• An automobile agency launched a scheme that if a customer purchased two Jabas Discover bikes, one extra Jabas Discover will be free and if he purchases 3 J...
• Seema sold a laptop at a profit of 15%. If she had bought it at 10% less and sold it for ₹ 2,200 more, she would have gained 40%. What was the cost price...
• 'G' labeled an item with a price tag that is 400% higher than its cost price and later sold it to 'A' at a discounted rate of 25%. This transaction resulte...
• The combined cost price of Bournvita and Horlicks is Rs. 2000. With Horlicks sold at a 16% profit and Bournvita at a 20% profit, and given that the ratio o...
• The ratio of the cost prices of Leather Shoes to Sports Shoes is 6:5. Both types of shoes are sold after a single discount of 20% for Leather Shoes and 25%...
• 'H' sells an article at a 20% profit. If he had bought it at 20% less and sold it for Rs. 40 more, he would have gained 75%. Determine the cost price of th...
• Seema sold a laptop at a profit of 15%. If she had bought it at 10% less and sold it for ₹ 2,100 less, she would have gained 20%. What was the cost price...
• Seema sold a laptop at a profit of 15%. If she had bought it at 10% less and sold it for 2,100 less, she would have gained 20%. What was the cost price (in...
• The cost price of 6 chocolates and 4 biscuits amounts to Rs. 6,960. Additionally, the cost price of 5 chocolates and 7 biscuits totals Rs. 8,880. Each choc...