Practice Profit and loss Questions and Answers

• 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.
• Rahul purchased 300 pens, which was 25% more than the number of notebooks purchased by him. He sold each pen at the rate of Rs. 10 for 5 and sold each note...
• 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...
• Maple Publications sold a Magazine for Rs. 210 and made a profit of 10% on CP and sold a Journal for Rs. 560 and made a profit of 12% on its CP. If the pub...
• Pine Tree Publications sold a Textbook for Rs. 120 and made a profit of 25% on its CP and sold an Encyclopedia for Rs. 720 and made a profit of 15% on its ...
• Sunset Publications sold a testbook for Rs. 230 and made a profit of 15% on CP and sold a Encyclopedia for Rs. 805 and made a profit of 20% on its CP. If ...
• On selling an item for Rs. 900, the profit earned by the seller is 20% more than the profit earned on selling the same item for Rs. 850. If the seller aims...
• 'C' sells a laptop at a profit of 50%. Had the profit percentage earned on selling the laptop been numerically equal to the cost price of the laptop, then ...
• 'D' sells a piece of art at a profit of 25%. Had the profit percentage earned on selling the piece of art been numerically equal to the cost price of the p...
• A watch was sold with a 20% profit. The marked price of the watch over its cost price is Rs. 960. If the ratio of profit earned to discount offered is 1:2,...
• A pen costs Rs. 6 each, and a marker costs Rs. 5 each. A person purchased some pens and markers for a total of Rs. 100. In how many ways could he have boug...
• The profit gained from selling a product for Rs. 9,500 equals the loss when the product is sold for Rs. 6,300. If the cost price of the product had been Rs...
• A profit earned by selling a bike for Rs. 12,000 is the same as the loss incurred when it is sold for Rs. 8,000. If the cost price had been Rs. 1,200 highe...