Practice Profit and loss Questions and Answers

• A Shopkeeper gives 2 articles free on the purchase of every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find the r...
• A Shopkeeper marks the price of a refrigerator at Rs. 30,000/- and gives a discount of 15%. He also gives a mixer grinder worth Rs. 1,500 free with the ref...
• A shopkeeper give 4 articles free on the purchase of every 12 articles. He also allows a discount of 20% to customer and still earns 20% profit. Find the r...
• A traveller wants to earn % profit even after allowing a discount of 20%. Find by how much % he has to increase his cost price to make M.P.?...
• A man lost one-fourth of his initial amount in the gambling after playing three rounds. The rule of Gambling is that if he wins he will receive Rs. 1000, b...
• Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while...
• Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 800 g...
• While selling a Bike, Neil gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs.70 less as profit. The marked price of t...
• Matthew sells Chocolates in the packs of 6 chocolates, 12 chocolates, 18 chocolates and 24 chocolates etc, but the rate is necessarily uniform. One day Car...
• John went to purchase a Bike, the shopkeeper told him to pay 30% GST, if he asked the bill. John manages to get the discount of 10% on the actual selling p...
• Profit on selling 40 pens equals selling price of 12 books while loss on selling 40 books equals selling price of 16 pens. Also profit percentage equals to...
• The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per dozen....
• A Shopkeeper marks his goods 50% above a CP and gives 30% discount to customer. At the time of selling the goods he uses 800 gm weight instead of 1 kg.&nbs...
• An article is sold for Rs. 450 at 40% profit when profit is calculated on selling price. Find the profit% on cost price?
• A Shopkeeper gives 5 articles free on the purchase of every 15 articles. He also allow a discount of 20% to customer and still earn 20% profit. Find the ra...
• A shopkeeper first allows a discount of 25% on a certain variety of cloth and then further gives a discount of 20% to the person holding a shareholder&rsqu...
• If a commission of 20% is given on the marked price of a work, the publisher gains 40%. If the commission increased to 24%, then find the gain percent?
• A jeans is listed at Rs. 2,500 and the discount offered is 15%. What additional discount must be given to bring the net selling price of Rs. 1,950?
• A fruit vendor bought 300 bananas at Rs 20 per 10 bananas. 125 bananas got spoiled and hence thrown. He sold 12 dozen bananas at the rate of Rs 15 per doze...
• In a shop, shirts are usually sold at 50% above the cost price. During a sale, the shopkeeper offers a discount of 20% off the usual selling price. If he m...
• Joy bought a painting for Rs. 6000 and sold it for Rs. 7500. Find the profit %.
• By selling a bike for Rs. 45000, Abhishek incurs a loss of Rs. 5000. Find the loss %. 
• The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is      
• A businessman sold 2/5of his stock at a gain of 25% and the remaining at a gain of 20%. The overall percentage of gain is         
• While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price of ...
• Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate of...
• Pankaj purchased a machine for Rs. 79,000 and spent Rs. 4000 on repair and Rs. 3000 on transport and sold it with 25% profit. At what price did he sell the...
• Arun purchased a TV set for Rs 14000 and a DVD player for Rs. 8000. He sold both the items together for Rs. 26400. How much percent profit did he make?&nbs...
• Kapil and Samar sold their horses at Rs 2,420 each but Kapil incurred a loss of 20%, while Samar gained 10%. What is the ratio of the cost price of the hor...
• A seller sold a vehicle for Rs. 81,000 with the loss of 10%. At what price be sold to earn 10% profit?
• A person buys books at Rs. 300 for 5 and sells them at Rs.740. How many books must he sell in order to earn profit of Rs. 3,520?
• A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
• The cost price of two dozen bananas is Rs. 96 after selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to  Rs. 24 per...
• A shopkeeper mixes 40 kg sugar worth Rs.15 per kg with 160 kg sugar worth Rs. 25 per kg. At what rate should he sell the mixture per kg to gain a profit of...
• A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less and s...
• A person bought an article and sold it at a loss of 20%. If he had bought it at 10% loss and sold it for 74 more, he would have gained 30%. Find the profit...
• How much groundnut powder at Rs. 90 a kg. should be added to 56  kg.  of cashew powder at Rs.310 a kg. so that by selling the mixture for Rs. 280...
• A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned by ...
• When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incu...
• A shopkeeper sold an article at profit of 10%. Had he bought it at 10% less and sold it for Rs. 3 more, then he would have earned a profit of 25%. Find the...