Practice Profit and loss Questions and Answers

• 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....
• A grocer sells wheat at a profit of 14% and uses a weight which is 24% less. Find his total percentage gain.
• Mansi wanted to purchase 36 speakers whose cost was Rs. 600 each. The trader offered her a discount if she were to purchase a set of 40 speakers. So she ca...
• Labelled price of an article is 60% more than the CP of the article. When it is solid at x% discount then _______% percent profit is obtained and when it i...
• Labelled price of an article is 55.5% more than the CP of the article. When it is solid at x% discount then _______% percent profit is obtained and when it...
• A man buys a vase for Rs. 36 and sells it for Rs. 54. Find his gain per cent.
• A boy buys a lipstick for Rs. 235 and sells it Rs. 141. Find his loss percent.   
• Find the CP, when SP = Rs. 696, Loss = 13%. 
• If by selling an article for Rs. 912 a shopkeeper gains 14%, find its cost.
• If by selling an article for Rs. 480 a shopkeeper gains 20%, find its cost.  
• If by selling an article for Rs. 366 a shopkeeper gains 22%, find its cost. 
• If by selling an article for Rs. 252 a shopkeeper gains 16%, find its cost. 
• Abhijit buys an old scooter for Rs. 3700 and spends Rs. 300 on its repairs. If he sells the scooter for Rs. 5500, his gain percent is
• Ajay buys an old desktop for Rs. 6200 and spends Rs. 400 on its repairs. If he sells the desktop for Rs. 7000, his gain percent is
• Anand buys an old cycle for Rs. 5700 and spends Rs. 550 on its repairs. If he sells the cycle for Rs. 6500, his gain percent is
• A shopkeeper purchased 70 kg of radish for Rs. 560 and sold the whole lot at the rate of Rs. 14 per kg. What will be his gain percent?
• The price of an article marked at 30% above cost price is sold at a profit of 25%. If it were to be sold at a discount of 25%, ind the percentage decrease ...
• The price of an article marked at 25% above cost price is sold at a profit of 20%. If it were to be sold at a discount of 20%, ind the percentage decrease ...
• By giving a discount of 23% on the market price of an article, the trader earns a profit of 10%. If the difference between the market price and the cost pr...
• A person earn 18% profit on the marked price. If he quadruple the marked price but gave 40% discount on the new marked price then how much percentage of pr...
• A person earn 25% profit on the marked price. If he tripled the marked price but gave 40% discount on the new marked price then how much percentage of prof...