Profit and Loss
Profit and Loss: Overview
This topic covers concepts, such as, Profit or Loss while Buying and Selling, Purchase Price of an Item, Face Value of the Bill & False Weight of Item etc.
Important Questions on Profit and Loss
A man sold an article at a loss of , if he sold it at more than profit would be . Find the cost price of the article.

A clock was sold for Rs. . If the percentage of profit was numerically equal to the cost price, the cost of the clock was

A shopkeeper labeled the price of his articles so as to earn a profit of on the cost price. He then sold the articles by offering a discount of on the labeled price. What is the actual profit percent earned in the deal?

Read the following information and answer the given question.
The price of gold increased by % from Jan to Feb . On March , it stood at % less than Feb . On March , Bina came across a scheme having gram of gold free for every gram of gold bought. Bina bought grams of gold, and got the specified quantity free. On April , the price of gold stood at % higher than March and Bina sold all the gold that she had. On May , the price of gold reduced by % and stood at Rs. for grams.
What was Bina's profit percent after selling the gold?

A shopkeeper marks his goods above his cost price but allows a discount of at the time of sale. His gain is:

If the cost price of articles is equal to the selling price of articles, what is the percentage profit or loss made by the merchant?

Mahesh earned a profit of by selling apples at the rate of for apple. Then the total cost, at which the apples were bought is:

A trader allows two successive discounts of and for selling an article. If he gets for the article, its marked price is:

Some articles were bought at articles for Rs. and sold at articles for Rs. . Gain percent is:

A man sold a wristwatch for at a loss of . At what rate should he have sold the wristwatch to earn a profit of ?

At what per cent above the cost price must a shopkeeper mark his goods so that he gains even after giving a discount of on the marked price?

Break-even analysis can be used for:

A shopkeeper sells notebooks at the rate of each and earns a commission of . He also sells pencil boxes at the rate of each and earns a commission of . How much amount of commission will he earn in two weeks if he sells notebooks and pencil boxes a day?

A shopkeeper buys and of two kinds of tea at the rate of and . He mixes both kinds of tea and sells the mixture at . What is his gain percent?

A dishonest trader claims that his selling price is equal to his cost price but weights gms. instead of kg. then his profit percent is -

By selling an article for merchant has a profit of . But due to a fall in demand, he sells it at only of the profit per cent. Find his selling price.

Find the difference between a discount of on and two successive discounts of and on the same amount.

Raju purchased an item for and sold it at the gain of . From that amount, he purchased another item and sold it at a loss of . What is his overall gain/loss?

On selling balls at , there is a loss equal to the cost price of balls. The cost price (in ) of a ball is:

Ravi and Raj invested in the ratio of in a business. If of the total profit goes to charity and Ravi's share of profit is , what is the amount of total profit?
