Practice Profit and loss Questions and Answers

• An article is marked x% (0 < x < 40) above its cost price. It is sold by giving x/2% discount on its marked price. If there is a profit of 10(1/2)%, then w...
• A shopkeeper purchased two rice bags, 'Brown Rice' and 'Basmati,' and sold them at identical prices. The bag of 'Brown Rice' was sold with a 20% profit, wh...
• An item smartphone is marked 25% above its cost price and sold for Rs. 1,500 after allowing two successive discounts of 20% and 25%, respectively. Find the...
• A shop seller offered a discount of Rs. 3500 on the marked price of a rice bag and earned a profit of 40%. If the difference between the cost price and the...
• 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...
• The cost price of “cold drinks” is ₹460. Its marked price is ₹40 less than its cost price, and then a 10% discount is given on the marked price. Qu...
• 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 105 articles is equal to the selling price of 60 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...
• A fruit seller buys oranges at the rate of 15 for ₹60. How many oranges should he sell for ₹60 to gain 25%?
• 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...
• Article 'Q' is sold at a profit of 20% which earns a profit of Rs. 400. If Article 'Q' is marked 50% above its cost price and then sold after offering two ...
• 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...
• An article is sold at 15 (1/2) % profit. If its C.P. is increased by Rs. 40 and at the same time if its SP is also increased by Rs. 30, then % of profit be...
• 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 merchant acquired an item for Rs. 'z'. He set its price Rs. 4,000 above its cost and sold it after offering two sequential discounts of 8% and 10%. Find ...
• 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. 1500...
• 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...
• A vendor sells two varieties of items, I and J. On item I, which costs Rs. 2200, he makes a 12% profit. If the aggregate profit from selling both items is ...
• 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 gadget E and F is 3:2 respectively. Each of the gadgets was marked 60% above its cost price. If the MRP of gadget E is ...
• The ratio between the cost price of product G and H is 8:7 respectively. Each of the products was marked 25% above its cost price. If the MRP of product G ...
• 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.
• The cost prices of a table and a chair are in the ratio 3:5 respectively. If the seller earned a profit of 15% on the table and an overall profit of 20%, f...
• The cost prices of a bookshelf and a wardrobe are in the ratio 2:5 respectively. If the seller earned a profit of 10% on the bookshelf and an overall profi...
• 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...
• Lata bought 600 coffee mugs, which was 50% more than the number of plates purchased by her. She sold each coffee mug at the rate of Rs. 20 for 4 and sold e...