Practice Profit and loss Questions and Answers

• In a shop, shirts are usually sold at 50% above the cost price. During a sale, the shopkeeper offers a discount of 20% off the usual selling price. If he m...
• Joy bought a painting for Rs. 6000 and sold it for Rs. 7500. Find the profit %.
• By selling a bike for Rs. 45000, Abhishek incurs a loss of Rs. 5000. Find the loss %. 
• The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is      
• A businessman sold 2/5of his stock at a gain of 25% and the remaining at a gain of 20%. The overall percentage of gain is         
• While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price of ...
• Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate of...
• Pankaj purchased a machine for Rs. 79,000 and spent Rs. 4000 on repair and Rs. 3000 on transport and sold it with 25% profit. At what price did he sell the...
• Arun purchased a TV set for Rs 14000 and a DVD player for Rs. 8000. He sold both the items together for Rs. 26400. How much percent profit did he make?&nbs...
• Kapil and Samar sold their horses at Rs 2,420 each but Kapil incurred a loss of 20%, while Samar gained 10%. What is the ratio of the cost price of the hor...
• A seller sold a vehicle for Rs. 81,000 with the loss of 10%. At what price be sold to earn 10% profit?
• A person buys books at Rs. 300 for 5 and sells them at Rs.740. How many books must he sell in order to earn profit of Rs. 3,520?
• A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
• The cost price of two dozen bananas is Rs. 96 after selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to  Rs. 24 per...
• A shopkeeper mixes 40 kg sugar worth Rs.15 per kg with 160 kg sugar worth Rs. 25 per kg. At what rate should he sell the mixture per kg to gain a profit of...
• A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less and s...
• A person bought an article and sold it at a loss of 20%. If he had bought it at 10% loss and sold it for 74 more, he would have gained 30%. Find the profit...
• How much groundnut powder at Rs. 90 a kg. should be added to 56  kg.  of cashew powder at Rs.310 a kg. so that by selling the mixture for Rs. 280...
• A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned by ...
• When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incu...
• A shopkeeper sold an article at profit of 10%. Had he bought it at 10% less and sold it for Rs. 3 more, then he would have earned a profit of 25%. Find the...
• A shopkeeper sold an article at the profit of 15% and also while weighing used a weight of 920 gms. in place of 1 kg. Find out his actual total profit%?
• Devesh sells his car to Pranav at a profit of 20% who sells it to Hemraj at a loss of 20%. Hemraj, after finding some scratches in the car, returns it to P...
• A dishonest shopkeeper takes 20% more than the indicated weight when he purchases the items from the dealer. He gives 20% less than the indicated weight to...
• After selling 20 erasers, a Shopkeeper earn a profit of the selling price of 6 pencils. While selling 20 pencils, a shopkeeper losses a selling price of 8 ...
• By selling a Mobile for Rs. 3720 a shopkeeper gains 24%. If the profit reduced to 14%, then the selling price will be
• Misthan Bhandar bought 20 Box of rasgullas for Rs. 1000 each. He spent Rs. 4000 on further packing and sold 10 box of them for Rs 1500 each and the remaini...
• A businessman sold 2/5  of his stock at a gain of 25% and the remaining at a gain of 20%. The overall percentage of gain is       ...
• Mr. Christian bought 75 shirts for Rs. 75 each. He sold 60 of them at a loss of 10%. He wants to gain 20% on the whole. Then find his gain percent on the r...
• A person bought an article and sold it at a loss of 20%. If he had bought it at 10% less and sold it for 74 more, h would have gained 30%. Find the profit ...
• A shopkeeper give 4 articles free on the purchase of every 12 articles. He also allows a discount of 25% to customer and still earns 20% profit. Find the r...
• When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incu...
• A Publisher published 2500 books for Rs. 175000. He gave 400 books free as samples to some books shops, besides he was able to sell 2/3 rd of the remaining...
• A man purchase some lemons @ 1 lemon for Rs. 2 and same number of lemons @ 2 lemons for Rs. 1 and he sells all of them @ 4 lemons for Rs. 3. Find his profi...
• Arvind and Jagdish start a business together. The capital invested by Arvind was twice of that invested by Jagdish. At the end of six months from the start...
• A dishonest shopkeeper makes a cheating of 25% at the time of buying the goods and 37.5% cheating at the time of selling the goods. He promises to sell his...
• Mayank gives 25% discount to his customer but he sells only smuggled goods and as a bribe he pays 10% on the cost price. Find what should be the Marked pri...
• Amazon allows 15% discount to his customers and still earn 19% profit. If the production cost of the product is increased by 12% therefore Amazon issued a ...
• Kamya, Soumya and Tanya are three partners. Kamya received 5/8 part of total profit and remaining profit received by Soumya and Tanya equally. Kamya’s in...
• A laptop costs 20 times the cost of a headphone. On the laptop there is a profit of 10% while the total profit on selling the headphone and the laptop is 2...