Practice Profit and loss Questions and Answers

• 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 ...
• A merchant combines two kinds of pulses, labeled 'P' and 'Q'. The purchase prices for type 'P' and 'Q' are Rs. 80 per kg and Rs. 108 per kg, respectively. ...
• 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...
• When an item is sold for Rs. 800, the profit is 10% more than when it's sold for Rs. 780. To achieve a 60% profit, determine the selling price.
• '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...
• A profit from selling an accessory for Rs. 18,000 is the same as the loss when it is sold for Rs. 12,000. If the cost price had increased by Rs. 4,000 and ...
• A retailer set the price of a toy at 20% higher than its cost price and sold it to 'R' with a 25% discount. 'R' then spent Rs. 80 on repairs and sold the t...
• Furniture is marked 90% above its cost price, which makes the marked price Rs. 2,700 more than its cost price. If sold for a profit of Rs. 1,200, find the ...
• A store offers a 30% discount on a product and still makes a 10% loss. If the difference between the discount amount and the loss is Rs. 360, find the sell...
• A store owner sells two products, E and F. She makes a 10% profit on product E costing Rs. 1000. If the combined profit percentage for the two products is ...
• A retailer sells two items, K and L. He gains a 12% profit on item K, which costs Rs. 3600. If the overall profit from selling both items is 15%, what is t...
• A shopkeeper bought 30 articles at Rs. 12 each. He sold 10 at 40% profit, 15 at 10% loss, and the rest at 5% loss. Determine the overall profit or loss.
• Selling an item for 300 rupees is the loss of 40% of the profit received on selling the same item for 1000 rupees. Know the purchase price of that item? (I...
• If a shopkeeper hikes the purchasing value of an item by 56% and gives it a discount of 56% on the face value for selling it, then know the total percentag...
• A shopkeeper sells a product in Rs.2,160 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
• The marked price of a dishwasher is set 25% higher than its cost price. The seller then applies two successive discounts, first 15% and then an additional ...
• Amanda purchased a computer for Rs. 28,000 and sold it at a profit percentage equal to the profit percentage earned on selling 8 jackets for the cost price...