Practice Profit and loss Questions and Answers

• Amit purchased a smartphone at the price of Rs. 25,000 and sold it at a loss of 15%. With this money, he again purchased a new smartphone and sold that at ...
• Neha purchased a tablet at the price of Rs. 35,000 and sold it at a loss of 18%. With this money, she again purchased a new tablet and sold that at a profi...
• Raj purchased a television at the price of Rs. 50,000 and sold it at a loss of 12%. With this money, he again purchased a new television and sold that at a...
• The profit earned when an article is sold for Rs. 1,500 is the same as the loss incurred on selling it for Rs. 700. Find the selling price of the article i...
• The profit earned when an article is sold for Rs. 1,800 is the same as the loss incurred on selling it for Rs. 1,000. Find the selling price of the article...
• The profit earned when an article is sold for Rs. 2,200 is the same as the loss incurred on selling it for Rs. 1,400. Find the selling price of the article...
• An article is marked 40% above its cost price and sold after offering a discount of Rs. 60 such that its selling price is Rs. 100 more compared to its sell...
• An article is marked 25% above its cost price and sold after offering a discount of Rs. 30 such that its selling price is Rs. 50 more compared to its selli...
• An article is marked 50% above its cost price and sold after offering a discount of Rs. 50 such that its selling price is Rs. 120 more compared to its sell...
• An article is marked 45% above its cost price and sold after offering a discount of Rs. 80 such that its selling price is Rs. 110 more compared to its sell...
• There are some oranges in a shop. Sita purchased 50% of the oranges and Gopal purchased 60% of the remaining oranges. If Sita sells all her oranges at Rs. ...
• A shopkeeper purchased three items 'M', 'N', and 'O' at the same price. He sold item 'M' at a 25% profit, item 'N' at a 20% loss, and item 'O' at a 35% pro...
• Atul sells goods to a customer at a profit of P%. If the cost price of the goods for the customer is ₹1,50,000 and Atul makes a profit of ₹25,000, then...
• A jewel was sold passing through 3 hands and overall, its price is raised by 60%. The first seller earns 15% profit, and the second seller earns 20% profit...
• The selling price of 12 jackets is equal to the cost price of 15 jackets. Find the percentage of profit earned on selling a jacket.
• A smartphone was sold for Rs. 36,300 at a profit of 10%. If the smartphone was instead sold at a loss of 8%, what would have been its selling price?
• A washing machine was sold for Rs. 33,600 at a profit of 20%. If the washing machine was instead sold at a loss of 4%, what would have been its selling pri...
• A microwave oven was sold for Rs. 15,750 at a profit of 25%. If the microwave oven was instead sold at a loss of 9%, what would have been its selling price...
• By selling 18 pineapples at Rs.72 a seller suffers a loss of 40%. At what price should he sell 10 pineapples to get a profit of 50%?
• On purchase of articles worth ₹10,000, a shopkeeper offers a flat discount of ₹700 to his customers. Further, by shopping using a credit card, he gives...
• Profit percentage earned on selling article 'E' is the same as the percentage loss incurred on selling article 'F'. If the cost price of article 'E' is Rs....
• Profit percentage earned on selling article 'G' is the same as the percentage loss incurred on selling article 'H'. If the cost price of article 'G' is Rs....
• Profit percentage earned on selling article 'I' is the same as the percentage loss incurred on selling article 'J'. If the cost price of article 'I' is Rs....
• Aman bought two articles for Rs. 840. He sold one at a loss of 20% and another at a profit of 20%. If the selling price of both the articles is equal, then...
• Meena bought two articles for Rs. 920. She sold one at a loss of 15% and another at a profit of 15%. If the selling price of both the articles is equal, th...
• Priya bought two articles for Rs. 1080. She sold one at a loss of 25% and another at a profit of 25%. If the selling price of both the articles is equal, t...
• A multi-store outlet sold 1375 items in a week earning 25% gain. The gain is also equal to the selling price of ‘Q’ number of items. What is the value ...
• If the selling price of an article is Rs. 540 and the cost price is Rs. 450, what is the profit percentage?
• A shopkeeper sold an article after offering two successive discounts of 20% and 30%, respectively. If the marked price and the cost price of the article ar...
• 'A' and 'B' started a business by investing Rs. 7,200 and Rs. 9,000, respectively. If 'A' and 'B' invested their investments for 10 months and 14 months, r...
• A dishonest dealer announces selling his articles with a 25% loss but uses 40% lighter weights. What is the percentage of his profit or loss?
• The first shirt is sold at twice the selling price of the second shirt. The first shirt is sold at 8% profit and the second shirt is sold at a 3% loss. Wha...
• On selling 50 articles for Rs. 4000 there is a loss equal to the cost price of 10 articles. Find the selling price of 25 articles if the shopkeeper wants t...
• On selling 80 articles for Rs. 6000 there is a loss equal to the cost price of 20 articles. Find the selling price of 40 articles if the shopkeeper wants t...
• When a lamp and a table are sold at 10% profit and 25% profit, respectively, the seller earns Rs. 30 more in comparison when they are sold by interchanging...
• Tina is 50% more efficient than Rina, and Mina is 30% more efficient than Tina. If Mina and Tina together can do a piece of work in 12 days, in how many da...
• A bag of cost price of Rs. 6000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a lo...
• A bag of cost price of Rs. 7000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a lo...
• A bag of cost price of Rs. 8000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a lo...
• A bag of cost price of Rs. 9000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a lo...