Practice Profit and loss Questions and Answers

• 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...
• A dishonest milkman purchases some milk at Rs 20 per litre and mixes 6 litres water in it. By selling the mixture at the rate Rs 20 per litre, he earns a p...
• Kiran sold an article at a certain price. Had she sold the article 1/5th of the price she had actually sold, she would have incurred a loss of 74%. Find th...
• The profit percentage of M and N are the same on selling the articles at Rs. 2800 each but M calculates his profit on the selling price while N calculates ...
• A sum is lent at 20% pa compound interest. What is the ratio of increase in the amount in the 4th year to that in the 5th year?
• 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...
• What will be the percentage profit after selling an article at a certain price if there is a loss of 30% if the article is sold at 1/4th of the previous se...
• A salesman is allowed 32% commission on the total sales by him and a bonus of 3% on the sales over Rs. 15000. If the total earnings of a salesman is Rs. 79...
• 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 doze...
• If Mohit purchased some goods for Rs. 1240 and sold one-fourth of these goods at a loss of 12% then at what gain per cent should the remainder goods be sol...
• Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while...
• The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per dozen....
• Raman marks an item 25% above the cost price and 10% discount to customer. If Customer pays Rs 1980 for the item, what is it cost price of this For Raman?
• Rahul purchased a car for Rs 1,30,000 and spent Rs 6000 on transportation and 15% of its cost on repair. At what price should he sell it so as to earn an o...
• A seller sold a vehicle for Rs. 81,000 with the loss of 10%. At what price be sold to earn 10% profit?
• 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 ...
• Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while...
• 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...
• A dishonest shopkeeper pretends to sell his goods at cost price but uses false weights and gains 25%. For a weight of 1 kg he uses:
• A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
• 58 notebooks have been purchased at the rate of 1 Rs. How many notebooks should be sold at the rate of Rs 1 to earn 45% profit?
• The CP of 53 stickers is equal to SP of 50 stickers. Find the gain percent.
• 12% more is gained by selling a shirt for Rs. 4190 than by selling it for Rs. 3782. Find the cost price of the shirt.