Practice Profit and loss Questions and Answers

• 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 ...
• 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?
• 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...