Profit and Loss
Profit and Loss: Overview
This topic covers concepts such as Profit and Loss as Per Cent, Prices Related to Sale of an Item, Purchase Price of an Item, Cost Price (CP) of an Item, Overhead Charges, Bill Amount, Profit and Loss on Sale of an Item, etc.
Important Questions on Profit and Loss
If a person sold a set for with a discount of and earned a profit of , then the percentage of profit earned if no discount was offered
Find selling price (SP) if a profit of is made on a fan bought for and expenses of made on its repairs.
Find selling price (SP) if a profit of is made on a lawn mower bought at with as transportation charges.
Find selling price (SP in ) if a profit of is made on a cycle of with as overhead charges
A mobile phone and a tablet were sold at a profit of and at a loss of respectively. If the cost price of the mobile is times that of the tablet, what is the overall profit percentage earned by selling both the articles?
A trader sells his goods at profit. Had he bought it at more and sold it for more, he would have earned a profit of . Find the cost price of the goods.
An article is sold at loss. If the selling price is more, there will be a gain of . The cost price of the article is:
A man sold an article for at a loss of . Find the cost price of the article.
The cost of almirahs is . One day the shopkeeper sold almirahs to Rohit. How much did Rohit pay for the almirahs?
A man sold an article at a gain of 10 p.c. Had he bought it at 10% less and sold it for Rs. 6 more, he would have gained 25 p.c. What did it cost him? .
A person sells a table at profit and a chair at a loss of and on the whole he has a profit of ₹. On the other hand, if he sells the table at a loss of and the chair at a profit of , he neither gains nor loses. Find the cost price of the table.
A shopkeeper bought a bicycle for, and sold it at a profit of . What will be the selling price of it?
Write only numerical value.
A shopkeeper purchases 60 kg of sugar at ₹30 per kg and 40 kg of sugar at ₹25 per kg. He then mixes them and packs the mixture into 1 kg packets. If he makes a profit of 15% on every packet, the price of 1 kg of the mixed sugar is ₹_____.
A person purchased 10 dozen eggs at the rate of ₹48 per dozen. He realised that 12 eggs were broken. If he wants to make a profit of 35%, he should sell each of the remaining unbroken eggs for ₹_____.
A damaged handbag which costs ₹2400 was put on sale at a loss of 5%. On the last day of sale, the price was further slashed by another 5%.The selling price of handbag is ₹_____.
The difference between the two Selling Prices of toasters of the same model, which were sold at a profit of 5% and 6%, is ₹8. The higher Selling Price at which the toaster was sold is ₹_____.
Peter sells a painting at ₹600 and makes a profit of 20%. In order to make a profit of 35%, the price at which the painting should be sold is ₹_____.
Maya buys 25 artificial jewellery sets for ₹20000 and realizes that 5 of them are damaged. She decided to sell each damaged set at $ \frac{1}{3}$rd the price of the good sets. The price at which she should sell the each damaged set if she wants to make a profit of 30% on the whole deal is ₹_____.
Babu sells watches at a profit of 25%. He then uses the money to buy calculators, which he sells at a profit of 20%. If he makes a total profit of ₹2000, the amount of money he initially invested to buy watches is ₹_____.
Ramu made some mistake in the calculation and sold mangoes for ₹125 per kg; he found that he lost $ \frac{1}{6}$th of the money he spent on buying the mangoes. He intended to earn a profit of 20%.To earn a profit of 20%, the price at which he should have sold the mangoes is ₹_____.
