Practice Profit and loss Questions and Answers

• 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 ...
• 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...
• If the selling price of 5 items is equal to the cost price of 8 items, then what will be the profit percentage?