Practice Profit and loss Questions and Answers

• 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 dealer bought a commodity for Rs. 'w'. He marked it up by Rs. 1,800 over the cost and disposed of it after two successive discounts of 5% and 25%. What w...
• 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....
• By offering a 35% discount on a commodity, a merchant experiences a 20% loss. The gap between the discount offered and the loss equates to Rs. 210. What sh...
• A retailer sells two items, C and D. She makes a 15% profit on item C, which costs Rs. 2000. If the total profit from selling both items is 20%, then what ...
• A dealer sells two types of gadgets, E and F. He earns a 10% profit on gadget E costing Rs. 1500. If the overall profit on selling both gadgets is 18%, the...
• By selling 8 pens for ₹80, a shopkeeper loses 20%. How many pens should he sell for ₹248 to earn a 24% profit?
• The ratio between the cost price of book I and book J is 4:3 respectively. Each of the books was marked 20% above its cost price. If the MRP of book I is R...
• When a product is sold for Rs.750, the profit percentage equals the percentage loss when it is sold for Rs.250. Find the selling price for a 30% profit.
• A dealer marked his goods 50% above the cost price and sold it after two consecutive discounts of 10% and 20%. If he had marked it 40% above the cost price...
• Two friends Shyam and Ram, Shyam sold an item after allowing two successive discounts of 20% and 15%, While Ram sold the same item after two successive dis...
• A merchant bought a product for Rs. ‘a’ and marked it 120% above its cost price. He then sold it after giving two successive discounts of 600 and 10%, ...
• A dealer purchased an item for Rs. ‘a’ and marked it 130% above its cost price, then sold it after applying two successive discounts of 700 and 10%, re...
• A vendor acquired a piece of clothing for Rs. ‘a’ and marked it 160% above its cost price, and sold it after giving two successive discounts of 900 and...
• A shopkeeper obtained an accessory for Rs. ‘a’ and marked it 170% above its cost price, then sold it after offering two successive discounts of 1000 an...
• Asha bought a dress and sold it at a profit of 20%. Had she bought it for Rs. 400 less and sold it for Rs. 480 more, she would have earned a profit of 60%....
• Manav bought a laptop and sold it at a profit of 10%. Had he bought it for Rs. 500 less and sold it for Rs. 550 more, he would have earned a profit of 50%....
• Sunita bought a bicycle and sold it at a profit of 30%. Had she bought it for Rs. 600 less and sold it for Rs. 660 more, she would have earned a profit of ...
• A product is priced 80% higher than its cost price and then sold for Rs. 1,224 after applying two consecutive discounts of 20% and 15%. What is the differe...
• Rohit sold 20 watches at a profit of 30%. If he had sold the watches for Rs. 2400 more in total, his overall profit would have been 50%. What is the sellin...
• Mina sold 25 lamps at a profit of 20%. If she had sold all the lamps for Rs. 2500 more, her overall profit would have been 40%. What is the selling price o...
• Anil sold 12 cameras at a loss of 10%. If he had sold all the cameras for Rs. 1440 more, his overall profit would have been 20%. What is the cost price of ...
• Sara sold 30 scarves at a profit of 25%. If she had sold all the scarves for Rs. 3000 more, her overall profit would have been 50%. What is the selling pri...
• After applying a discount of Rs. 120 on an item, it was sold at a loss of 20%. If the ratio of the item's marked price to its selling price is 3:2, by what...
• Vista Publications sold a Notebook for Rs. 150 and made a profit of 20% on its Cost Price (CP) and sold a Diary for Rs. 330 and made a profit of 10% on its...