Profit and Loss Practice Questions with Answers
- A bicycle was sold for ₹9,660 after making a profit of 15%. Find its cost price.
Answer: ₹8,400 - A dining table was sold for ₹12,420 after suffering a loss of 8%. Find its cost price.
Answer: ₹13,500 - A shopkeeper bought a school bag for ₹560 and sold it for ₹672. Find the profit and profit percentage.
Answer: Profit = ₹112, Profit = 20% - A cupboard was sold for ₹9,600 at a 20% loss. At what price should it be sold to earn a 25% profit?
Answer: ₹15,000 - A bicycle was purchased for ₹7,200 and sold for ₹6,480. Find the loss and loss percentage.
Answer: Loss = ₹720, Loss = 10% - A fruit seller bought 50 kg of apples for ₹3,500 and sold all of them for ₹4,200. Find the total profit and profit percentage.
Answer: Profit = ₹700, Profit = 20% - A bicycle was sold for ₹8,820 at a 10% loss. At what price should it be sold to earn a 20% profit?
Answer: ₹11,760 - A toy was bought for ₹360 and sold for ₹306. Find the loss and loss percentage.
Answer: Loss = ₹54, Loss = 15% - A mobile cover was purchased for ₹240 and sold for ₹300. Find the profit and profit percentage.
Answer: Profit = ₹60, Profit = 25% - A shopkeeper bought 90 notebooks for ₹3,600 and sold all of them for ₹4,320. Find the total profit and profit percentage.
Answer: Profit = ₹720, Profit = 20% - A watch was bought for ₹2,250 and sold for ₹2,610. Find the profit and profit percentage.
Answer: Profit = ₹360, Profit = 16% - A pair of shoes was purchased for ₹2,400 and sold for ₹2,160. Find the loss and loss percentage.
Answer: Loss = ₹240, Loss = 10% - A manufacturer sold a mixer grinder to a wholesaler at a 20% profit. The wholesaler sold it to a retailer at a 25% profit. The retailer sold it to a customer at a 10% profit for ₹9,900. Find the manufacturer’s cost price.
Answer: ₹6,000 - A furniture dealer bought a table for ₹5,600 and sold it for ₹6,720. Find the profit and profit percentage.
Answer: Profit = ₹1,120, Profit = 20% - A study table was sold for ₹7,800 at a 30% profit. At what price should it be sold to earn a 40% profit?
Answer: ₹8,400 - A shopkeeper bought a fan for ₹2,800 and sold it at a loss of ₹420. Find the selling price and loss percentage.
Answer: Selling Price = ₹2,380, Loss = 15% - A pen stand was purchased for ₹450 and sold at a profit of ₹135. Find the selling price and profit percentage.
Answer: Selling Price = ₹585, Profit = 30% - A trader bought a television for ₹16,800 and sold it for ₹19,320. Find the profit and profit percentage.
Answer: Profit = ₹2,520, Profit = 15% - A cricket bat was bought for ₹1,500 and sold at a loss of ₹225. Find the selling price and loss percentage.
Answer: Selling Price = ₹1,275, Loss = 15% - A bookseller purchased 100 books for ₹12,500 and sold them for ₹15,000. Find the total profit and profit percentage.
Answer: Profit = ₹2,500, Profit = 20% - A manufacturer sold a mixer grinder to a wholesaler at a 20% profit. The wholesaler sold it to a retailer at a 10% loss. The retailer sold it to a customer at a 25% profit for ₹8,910. Find the manufacturer’s cost price.
Answer: ₹6,600 - A mixer grinder was bought for ₹4,500 and sold for ₹3,825. Find the loss and loss percentage.
Answer: Loss = ₹675, Loss = 15% - A shopkeeper bought a cupboard for ₹8,800 and earned a profit of ₹1,320 on selling it. Find the selling price and profit percentage.
Answer: Selling Price = ₹10,120, Profit = 15% - A camera was purchased for ₹15,000 and sold for ₹13,200. Find the loss and loss percentage.
Answer: Loss = ₹1,800, Loss = 12% - A grocery shop owner bought a sack of rice for ₹2,800 and sold it for ₹3,360. Find the profit and profit percentage.
Answer: Profit = ₹560, Profit = 20% - A laptop bag was purchased for ₹900 and sold at a profit of ₹180. Find the selling price and profit percentage.
Answer: Selling Price = ₹1,080, Profit = 20% - A cycle dealer bought a bicycle for ₹9,600 and sold it for ₹8,640. Find the loss and loss percentage.
Answer: Loss = ₹960, Loss = 10% - A shopkeeper purchased 75 water bottles for ₹6,000 and sold all of them for ₹7,200. Find the total profit and profit percentage.
Answer: Profit = ₹1,200, Profit = 20% - A jacket was bought for ₹1,600 and sold for ₹1,840. Find the profit and profit percentage.
Answer: Profit = ₹240, Profit = 15% - A trader purchased a cupboard for ₹11,200 and sold it at a loss of ₹1,680. Find the selling price and loss percentage.
Answer: Selling Price = ₹9,520, Loss = 15% - A sweet shop owner bought sweets for ₹6,400 and sold them for ₹7,360. Find the profit and profit percentage.
Answer: Profit = ₹960, Profit = 15% - A stationery shop owner bought 120 geometry boxes for ₹14,400 and sold them for ₹17,280. Find the total profit and profit percentage.
Answer: Profit = ₹2,880, Profit = 20% - A shopkeeper bought 48 school bags for ₹19,200. He sold each bag for ₹500. Find the total profit and profit percentage.
Answer: Profit = ₹4,800, Profit = 25% - A trader bought 250 kg of wheat at ₹40 per kg. During storage, 10 kg was spoiled. The remaining wheat was sold at ₹50 per kg. Find the profit or loss and percentage.
Answer: Profit = ₹1,500, Profit = 15.79% - A shopkeeper bought 200 chocolate boxes for ₹120 each. He sold 150 boxes at ₹150 each and the remaining 50 boxes at ₹100 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹2,500, Profit = 10.42% - A trader bought a refrigerator for ₹25,000 and spent ₹1,500 on transportation and ₹1,000 on repairs. He sold it for ₹31,800. Find the profit and profit percentage.
Answer: Profit = ₹4,300, Profit = 15.66% - A mobile phone was purchased for ₹20,000 and sold for ₹23,000. Find the profit and profit percentage.
Answer: Profit = ₹3,000, Profit = 15% - A television was sold for ₹22,950 after suffering a loss of 15%. Find its cost price.
Answer: ₹27,000 - A refrigerator was sold for ₹34,500 after making a profit of 15%. Find its cost price.
Answer: ₹30,000 - A shopkeeper bought 80 school bags for ₹24,000. He sold each bag for ₹360. Find the total profit and profit percentage.
Answer: Profit = ₹4,800, Profit = 20% - A trader bought 400 kg of wheat at ₹35 per kg. He sold 250 kg at ₹42 per kg and the remaining 150 kg at ₹30 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹750, Profit = 5.36% - A fruit seller purchased 80 kg of oranges for ₹6,400. He sold 50 kg at ₹100 per kg and the remaining 30 kg at ₹70 per kg. Find the overall profit or loss and percentage.
Answer: Loss = ₹300, Loss = 4.69% - A manufacturer sold a product to a wholesaler at a 20% profit. The wholesaler sold it to a retailer at a 15% profit. The retailer sold it to a customer at a 10% profit for ₹10,120. Find the manufacturer’s cost price.
Answer: ₹6,666.67 - A manufacturer sold a machine to a wholesaler at a 25% profit. The wholesaler sold it to a retailer at a 20% loss. The retailer sold it to a customer at a 30% profit for ₹12,000. Find the manufacturer’s cost price.
Answer: ₹8,000 - A trader purchased 500 kg of sugar at ₹45 per kg. He sold 300 kg at ₹54 per kg and the remaining 200 kg at ₹42 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,200, Profit = 5.33% - A shopkeeper bought 120 toys for ₹18,000. He sold 80 toys at ₹180 each and the remaining 40 toys at ₹120 each. Find the overall profit or loss and percentage.
Answer: Loss = ₹1,200, Loss = 6.67% - A furniture dealer bought a sofa for ₹32,000 and spent ₹3,000 on transportation and ₹2,000 on polishing. He sold it for ₹44,400. Find the profit and profit percentage.
Answer: Profit = ₹7,400, Profit = 20% - A trader bought 200 kg of potatoes at ₹25 per kg. During storage, 20 kg were spoiled. He sold the remaining potatoes at ₹32 per kg. Find the profit and profit percentage.
Answer: Profit = ₹400, Profit = 8.89% - A shopkeeper bought 300 notebooks at ₹40 each. He sold 180 notebooks at ₹50 each and the remaining 120 notebooks at ₹35 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹600, Profit = 5% - A trader purchased a washing machine for ₹24,000. He spent ₹1,200 on transportation and ₹800 on installation. He sold it at a 25% profit on the total cost. Find the selling price.
Answer: ₹32,500 - A table was sold for ₹8,400 at a 20% profit. At what price should it be sold to earn a 35% profit?
Answer: ₹9,450 - A fruit seller bought 200 kg of mangoes at ₹60 per kg. He sold 120 kg at ₹80 per kg and the remaining 80 kg at ₹50 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,600, Profit = 13.33% - A shopkeeper purchased a cupboard for ₹9,500 and spent ₹500 on transportation. He sold it for ₹12,000. Find the profit and profit percentage.
Answer: Profit = ₹2,000, Profit = 20% - A television was purchased for ₹18,500 and sold for ₹21,460. Find the profit and profit percentage.
Answer: Profit = ₹2,960, Profit = 16% - A trader bought 400 kg of sugar at ₹45 per kg. He sold 250 kg at ₹55 per kg and the remaining 150 kg at ₹40 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,750, Profit = 9.72% - A shopkeeper bought a camera for ₹15,000 and sold it at a loss of ₹1,800. At what price should he sell it to earn a 20% profit?
Answer: ₹18,000 - A manufacturer sold an article to a wholesaler at a 15% profit. The wholesaler sold it to a retailer at a 20% profit. The retailer sold it to a customer at a 25% profit for ₹8,625. Find the manufacturer’s cost price.
Answer: ₹4,000 - A stationery shop owner bought 150 geometry boxes for ₹18,000 and sold each box for ₹138. Find the total profit and profit percentage.
Answer: Profit = ₹2,700, Profit = 15% - A trader purchased 500 kg of potatoes at ₹30 per kg. During transportation, 25 kg was spoiled. He sold the remaining potatoes at ₹40 per kg. Find the profit and profit percentage.
Answer: Profit = ₹2,000, Profit = 13.33% - A jacket was bought for ₹2,400 and sold for ₹2,760. Find the profit and profit percentage.
Answer: Profit = ₹360, Profit = 15% - A shopkeeper bought a refrigerator for ₹30,000 and sold it for ₹27,000. Find the loss and loss percentage.
Answer: Loss = ₹3,000, Loss = 10% - A trader bought 600 notebooks at ₹40 each. He sold 300 notebooks at ₹50 each and the remaining 300 notebooks at ₹35 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,500, Profit = 6.25% - A furniture dealer bought a sofa for ₹35,000 and spent ₹2,000 on transportation and ₹3,000 on repairs. He sold it for ₹48,000. Find the profit and profit percentage.
Answer: Profit = ₹8,000, Profit = 20% - A bicycle was purchased for ₹8,500 and sold for ₹7,225. Find the loss and loss percentage.
Answer: Loss = ₹1,275, Loss = 15% - A shopkeeper bought 120 toys for ₹24,000. He sold 80 toys at ₹250 each and the remaining 40 toys at ₹180 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹3,200, Profit = 13.33% - A fruit seller bought 300 kg of apples at ₹50 per kg. 15 kg were spoiled. He sold 150 kg at ₹70 per kg and the remaining 135 kg at ₹45 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,675, Profit = 11.17% - A trader purchased a machine for ₹40,000 and spent ₹4,000 on transportation and ₹2,000 on installation. He sold it for ₹55,200. Find the profit and profit percentage.
Answer: Profit = ₹9,200, Profit = 20% - A manufacturer sold a mixer to a wholesaler at a 20% profit. The wholesaler sold it to a retailer at a 15% loss. The retailer sold it to a customer at a 20% profit for ₹8,160. Find the manufacturer’s cost price.
Answer: ₹7,000 - A shopkeeper bought 200 bottles at ₹75 each. He sold 100 bottles at ₹100 each and the remaining 100 bottles at ₹65 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,500, Profit = 10% - A trader purchased a cupboard for ₹16,000 and sold it at a 12.5% loss. At what price should he sell it to earn a 25% profit?
Answer: ₹20,000 - A bookseller purchased 200 books for ₹30,000. He sold 120 books at ₹180 each and the remaining 80 books at ₹120 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,200, Profit = 4% - A table was sold for ₹8,400 at a 20% profit. At what price should it be sold to earn a 35% profit?
Answer: ₹9,450 - A fruit seller bought 200 kg of mangoes at ₹60 per kg. He sold 120 kg at ₹80 per kg and the remaining 80 kg at ₹50 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,600, Profit = 13.33% - A shopkeeper purchased a cupboard for ₹9,500 and spent ₹500 on transportation. He sold it for ₹12,000. Find the profit and profit percentage.
Answer: Profit = ₹2,000, Profit = 20% - A television was purchased for ₹18,500 and sold for ₹21,460. Find the profit and profit percentage.
Answer: Profit = ₹2,960, Profit = 16% - A trader bought 400 kg of sugar at ₹45 per kg. He sold 250 kg at ₹55 per kg and the remaining 150 kg at ₹40 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,750, Profit = 9.72% - A shopkeeper bought a camera for ₹15,000 and sold it at a loss of ₹1,800. At what price should he sell it to earn a 20% profit?
Answer: ₹18,000 - A manufacturer sold an article to a wholesaler at a 15% profit. The wholesaler sold it to a retailer at a 20% profit. The retailer sold it to a customer at a 25% profit for ₹8,625. Find the manufacturer’s cost price.
Answer: ₹4,000 - A stationery shop owner bought 150 geometry boxes for ₹18,000 and sold each box for ₹138. Find the total profit and profit percentage.
Answer: Profit = ₹2,700, Profit = 15% - A trader purchased 500 kg of potatoes at ₹30 per kg. During transportation, 25 kg was spoiled. He sold the remaining potatoes at ₹40 per kg. Find the profit and profit percentage.
Answer: Profit = ₹2,000, Profit = 13.33% - A jacket was bought for ₹2,400 and sold for ₹2,760. Find the profit and profit percentage.
Answer: Profit = ₹360, Profit = 15% - A shopkeeper bought a refrigerator for ₹30,000 and sold it for ₹27,000. Find the loss and loss percentage.
Answer: Loss = ₹3,000, Loss = 10% - A trader bought 600 notebooks at ₹40 each. He sold 300 notebooks at ₹50 each and the remaining 300 notebooks at ₹35 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,500, Profit = 6.25% - A furniture dealer bought a sofa for ₹35,000 and spent ₹2,000 on transportation and ₹3,000 on repairs. He sold it for ₹48,000. Find the profit and profit percentage.
Answer: Profit = ₹8,000, Profit = 20% - A bicycle was purchased for ₹8,500 and sold for ₹7,225. Find the loss and loss percentage.
Answer: Loss = ₹1,275, Loss = 15% - A shopkeeper bought 120 toys for ₹24,000. He sold 80 toys at ₹250 each and the remaining 40 toys at ₹180 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹3,200, Profit = 13.33% - A fruit seller bought 300 kg of apples at ₹50 per kg. 15 kg were spoiled. He sold 150 kg at ₹70 per kg and the remaining 135 kg at ₹45 per kg. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,675, Profit = 11.17% - A trader purchased a machine for ₹40,000 and spent ₹4,000 on transportation and ₹2,000 on installation. He sold it for ₹55,200. Find the profit and profit percentage.
Answer: Profit = ₹9,200, Profit = 20% - A manufacturer sold a mixer to a wholesaler at a 20% profit. The wholesaler sold it to a retailer at a 15% loss. The retailer sold it to a customer at a 20% profit for ₹8,160. Find the manufacturer’s cost price.
Answer: ₹7,000 - A shopkeeper bought 200 bottles at ₹75 each. He sold 100 bottles at ₹100 each and the remaining 100 bottles at ₹65 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,500, Profit = 10% - A trader purchased a cupboard for ₹16,000 and sold it at a 12.5% loss. At what price should he sell it to earn a 25% profit?
Answer: ₹20,000 - A bookseller purchased 200 books for ₹30,000. He sold 120 books at ₹180 each and the remaining 80 books at ₹120 each. Find the overall profit or loss and percentage.
Answer: Profit = ₹1,200, Profit = 4%