Practice Profit and loss Questions and Answers

• A person bought an article and sold it at a loss of 25%. If he had bought it at 5% loss and sold it for 78 more, he would have gained 20%. Find the profit ...
• 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?
• Ram sold a copy at a profit of 15%. Had he sold it for Rs 48 more, 21% would have been gained. Find the cost price?
• A shopkeeper announces successive discounts of 25% and 30%. Find the equivalent percent discount. 
• A sells an article to B making a profit of 1/4 of his outlay. B sells it to C, losing 10%. If C sells it for Rs.1260 and incurs a profit of 2/5 of his outl...
• If a man purchases 15 tables for Rs. 25 and sells 25 tables for Rs.15. How much profit or loss percent does he make?
• In a certain store, the profit is 280% of the cost. If the cost increases by 40% but the sale price remains constant, then the approximate percentage prof...
• If the cost price is 64% of the selling price, then what is the profit percent?
• If the cost price is 66% of the selling price, then what is the profit percent?
• The CP of 38 pencils is equal to SP of 32 pencils. Find the gain percent.
• The CP of 53 stickers is equal to SP of 50 stickers. Find the gain percent.
• By selling 52 metres of rope, one gain the selling price of 27 metres. Find the gain percent.
• A person incurs 6% loss by selling a charger for Rs. 1410. At what price should the same charger be sold to earn 14% profit?
• 9% more is gained by selling a ring for Rs. 3588 than by selling it for Rs. 2814. Find the cost price of the ring.
• 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 man purchased refrigerator and got 10% happy hour discount but paid 1.5% CGST and 1.5% SGST on the discounted rate. Had he got Rs 600 as discount and the...
• The wheel of an engine 5 (1/9) meters  in circumference makes five revolutions in 4 seconds. Find the speed of the train in km per hour.
• A profit of 35% is earned on a certain good when a discount of 19% is allowed on the marked price. What profit percentage will be earned when a discount of...
• 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...
• Rohan earns 12% on an investment but loses 7% on another investment. If the ratio of the two investments is 5:6, then the combined profit or loss percentag...
• Praveen sells an article at a profit of 22%. Had he bought it for 15% less and sold it for Rs. 300 less, he would have gained 36%. What is the cost price o...
• 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...
• Tanuj went to purchase an oven, the shopkeeper told him to pay 29% tax if he asked the bill. Tanuj manages to get the discount of 15% on the actual salepri...
• 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...
• A trader wishes to gain 29% after allowing 14% discount on the marked price to his customers. What per cent higher than the cost price should he mark his g...
• 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...
• The percentage profit earned when an article is sold for Rs. 730 is double the percentage profit earned when the same article is sold for Rs. 455. If the m...
• A shopkeeper marked his article 62.5% above the cost price and sold it after giving a single discount of 8%. If the shopkeeper earned a proit of Rs. 396 in...
• 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 f...