Practice Profit and loss Questions and Answers

• A person buys 5 tables and 9 chairs for Rs. 15400.He sells tables at 10% profit and chairs at 20% profit. If his total profit on selling all tables and cha...
• The selling price of 15 oranges is equal to the cost price of 12 oranges. Find the loss percent.
• A gold ring is sold for Rs.24,400 at a loss of 60%. What is the cost price of the gold ring?
• The shopkeeper purchased an article for Rs. "X." He marked the article __________% above its cost price and allowed a ________% discount on the marked pric...
• Amit sold an electric-iron for ₹ 2,656 after giving a discount of 17% on the marked price. Had he not given the discount, he would have earned a profit o...
• Abhinav bought some pencils for ₹ X. He sold 20% of pencils at 25% loss, one third at 20% profit and the remaining at 25% profit. If the total profit ear...
• Burger King applies a fixed charge and an additional fee for each burger ordered. 'Arun' and 'Vicky' placed orders for 180 and 120 burgers, respectively, r...
• Tarun and Ajit are wardrobe dealers. The cost of the wardrobe is Rs 44,000. Is. Tarun gives a discount of 18% on the full price, while Ajit gives Rs 38,000...
• The combined average cost price of two items, Almonds and Walnuts, is Rs. 450. If Almonds are sold at a profit of 50% and Walnuts at a loss of 25%, resulti...
• A digital wall clock is labeled with a price that is 75% higher than its cost price, resulting in the marked price being Rs. 1,800 more than the cost price...
• A shopkeeper acquires 24 pens at Rs. 900 each and 12 geometry boxes at Rs. 300 each. Later, he sells 2 pens to each of the 12 students, presenting them wit...
• Ratio of cost price of two items P and Q is 2:5. Item P and Item Q are marked 25% above and 30% above their respective cost price. If the ratio of discount...
• A marked an article 60% above its cost price and when he allows ‘X’% discount, he makes a profit of ________% and when he allows ‘1.5X’% discount, ...
• The marked price of an article in two different shops P and Q is Rs 1200 and Rs X respectively. In shop P the article is available at two successive discou...
• A has bought a few items from the interest he earned from the investment in PNB. A has marked up the items by 11(1/9)% above the cost price. Find out the p...
• A dealer buys three different fruits A, B & C at the rate of Rs. 50, Rs. 40 and Rs. x per kg respectively. The quantity (by weight) of B bought by him is 2...
• A shopkeeper allows two consecutive discounts of 20% and 25% on an article and still he makes a profit of 32% by selling it. He would make Rs.2332 less pro...
• On a particular day each of Danny. Edwin and Fahim sold three types of pens from their respective shops. As a coincidence, each of them sold an identical n...
• The cost price of 28 articles is the same as the selling price of ‘x’ articles. if the profit is 40%, then find the value of ‘x’.
• An article is marked x% (0 < x < 40) above its cost price. It is sold by giving x/2% discount on its marked price. If there is a profit of 10(1/2)%, then w...
• A shopkeeper purchased two rice bags, 'Brown Rice' and 'Basmati,' and sold them at identical prices. The bag of 'Brown Rice' was sold with a 20% profit, wh...
• An item smartphone is marked 25% above its cost price and sold for Rs. 1,500 after allowing two successive discounts of 20% and 25%, respectively. Find the...
• A shop seller offered a discount of Rs. 3500 on the marked price of a rice bag and earned a profit of 40%. If the difference between the cost price and the...
• A vendor priced an item 25% higher than its cost price. During the sale of the pen drives, if the seller enhances the discount from 15% to 20%, the profit ...
• Asmita owns two burgers, 'Veg' and 'Non-veg.' The Veg Burger was priced 140% above its cost, while the Non-Veg Burger was sold at a 40% loss. The total pro...
• Armaan sold an item for Rs. 600. If he had sold it for Rs. 120 more, he would have earned a profit of 25%. Determine the profit/loss percentage incurred by...
• Among 120 sweets, 'p' sweets were sold for Rs. 5 each, while the remaining were sold for Rs. 'q' each. If Rs. 'pq' is added to the selling price of the (12...
• Ankush sold shoes 'P' and 'Q' with a 40% profit on 'P' and a 20% loss on 'Q'. Given that the selling prices of both shoes are equal, determine the ratio of...
• A sold a toy to B at a profit of 15%. Later, B sold it back to A at a profit of 20%, thereby gaining Rs. 575. How much did A pay for the toy originally?
• If the cost price of 120 articles is equal to the selling price of 45 articles, find the profit percent.
• X labeled an item with a 60% markup on the cost price and sold it for Rs. 480 after applying a 25% discount. Calculate the percentage profit earned by X if...
• The item "Butter" is marked up by Rs. 490 above the cost price. Subsequently, a discount is applied, resulting in a 12% profit for the entire transaction. ...
• A Man sold 2 articles for ₹4,000 each, gained 10% on one and lost 20% on the other. What is the total gain or loss rounded to the nearest integer?
• A rice bag's selling price is 'x%' greater than its cost price and 'x%' less than its marked price. The gain proportion from selling the item would increas...
• C and D invest in a business in a ratio of 4:5. If 10% of the total profit goes to charity and D's share is Rs.900 after the donation, what is the total pr...
• The average cost price of two products, Lakme and Fruit Joy, is Rs. 400. These products are sold at profits of 10% and 20%, respectively. If the combined s...
• A merchant sold four types of products P, Q, R, and S. He sold products P and Q in the ratio of 3:4, while he sold products R and P in the ratio of 7:3. Th...
• A retailer purchased a product for Rs. 'y'. He increased its price by Rs. 2,500 above the cost price and then sold it after applying two successive discoun...
• A shop owner bought merchandise for Rs. 'u'. He then marked the price up by Rs. 2,800 above the purchase price and sold it after applying two sequential di...
• When a retailer offers a discount of 30% on a product, they suffer a 15% loss. The difference between the discount allowed and the loss amounts to Rs. 150....