Practice Profit and loss Questions and Answers

• 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.
• 14% more is gained by selling a spectacles for Rs. 4288 than by selling it for Rs. 4113. Find the cost price of the spectacles.
• A dealer buys three types of mangoes at Rs. 40, Rs. 30 and Rs. 10 kg respectively. He mixes them in the ratio of 2:3:4 by weight and sells them at a profit...
• A trader sells two chains for Rs. 4100 each, neither losing nor gaining in all. If he sold one of the chains at a gain of 25%, the other was sold at a loss...
• A wholesaler mark up his good such that he can gain 8% profit after giving 10% discount to his customers. One particular customer availed a discount of 12%...
• A shopkeeper bought 100 identical tubelights priced at Rs. 265 each. He spent a total of Rs. 2600 on transportation and packaging. He put the label of mark...
• A shopkeeper bought 80 identical books priced at Rs. 320 each. He spent a total of Rs. 3600 on transportation and packaging. He put the label of marked pri...
• Pritam went shopping to buy a shoes, the shopkeeper asked him to pay 14% tax if he wants a bill. If not you can get 6% discount on the actual price of the ...
• Vaibhav went to purchase a tablet, the shopkeeper told him to pay 22% tax if he asked the bill. Vaibhav manages to get the discount of 8% on the actual sal...
• Kailash went to purchase a chimney, the shopkeeper told him to pay 26% tax if he asked the bill. Kailash manages to get the discount of 12% on the actual s...
• Mohini went shopping to buy a shirt with some money. She selected a shirt, which is marked Rs.200 higher price than the money she had. But shopkeeper gave ...
• Akash bought a sofa for Rs. 12500. After one year he sold it to Deepak at 12% less of his cost price. Deepak spends extra Rs. 500 for its repair. And offer...
• Ajay bought a Sopha for Rs. 81000. After one year he sold it to Vikas at 20% less of his cost price. Vikas spends extra Rs. 750 for its repair. And offere...
• Tarun bought a Toaster for Rs. 24000. After one year he sold it to Lalit at 10% less of his cost price. Lalit spends extra Rs. 400 for its repair. And offe...
• Aaarav makes a profit of Rs. 122 if he sells a certain number of erasers he has at the price of Rs. 8 per eraser and incurs a loss of Rs. 25, if he sells t...
• The percentage profit earned when an article is sold for Rs. 420 is four times the percentage profit earned when the same article is sold for Rs. 330. If t...
• Guru and Chirag are dealers of mobile. The price of mobile is Rs. 54,000. Guru gives a discount of 20 % on whole, while Chirag gives a discount 22% on the ...
• The profit percentage of K and L is same on selling the articles at Rs. 48800 each but K calculates his profit on the selling price while L calculates it c...
• A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 600 gm for the kg weight. Find his gain per cent.
• A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 990 gm for the kg weight. Find his gain per cent....
• A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 700 gm for the kg weight. Find his approximate gain per cent....