Profit and Loss
Profit and Loss: Overview
This topic covers concepts, such as, Overhead Charges, Finding Profit and Loss Given as Percentage, Bill Amount and Profit or Loss while Buying and Selling etc.
Important Questions on Profit and Loss
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?

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

Simplification :
b - [b -(a+b) - {b - (b - a+b)} + 2a] =

Arvind purchased a wrist watch with discount on the marked price. He sold it with profit on the price he bought. What was his percent loss on 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.

Two vessels and contain spirit and water in the ratio and respectively. Find the ratio in which these mixtures can be mixed to obtain a new mixture in vessel containing spirit and water in the ratio .

The cost of 5 kg of apple is equal to the cost of 12 kg of rice. The cost of 3 kg of flour is equal to one kg of rice. The cost of one kg. of flour is RS 17.50. What is the total cost of 3 kg of apple, 2 kg of rice and 4 kg of flour together ?

A car dealer sells a SUV for which represents a profit over the cost. What was the cost of the SUV to the dealer?

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?

Which of the following numbers will completely divide

Veer calculates his profit percentage on the selling price, whereas Vipin calculates his profit percentage on the cost price. They find that the difference of their profits is . If the selling price of both of them are the same and both of them get 20% profit, find their selling price?

The ratio of the cost price to the selling price of an article is and the ratio of marked price to the selling price of the same article is . A shopkeeper marked units of such articles at the rate of each. If all the articles were sold out, how much profit (in ₹) did he earn?

Ram has a watch whose cost price is ; he marked his watch at a certain price and gave a certain discount. If the profit and the discount of the watch were equal and the marked price of the watch to be , then find the profit of the watch?
