Profit and loss

Every Profit and loss attribute, distilled.

Profit and loss is an important topic in Mathematics for competitive exam aspirants. This guide gives you a clear, exam-focused explanation of Profit and loss, shows how it is typically asked, and pairs it with solved practice questions so you can learn the approach and test yourself right away. Work through the questions below to build speed and accuracy.

Test yourself on Profit and loss

Create a timed test from these questions, with solutions and a score report. First test is free.

Create a test on this topic

Solve. Pattern-spot. Repeat - question by question.

Every Profit and loss question below is pulled live from the test bank. Open any question for the full step-by-step solution and shortcut.

Questions

Solutions

All inline

Q1A marble table when sold for Rs. 6400 gives a loss of 11.11% to the merchant who sells it. Calculate his loss or gain per cent, if he sells it for Rs. 7812.MediumSolve →Q2A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres of water with every 6 litres of pure milk. What is the profit percentage?MediumSolve →Q3A pet shop owner sells two puppies at the same price. On one he makes a profit of 25% and on the other he suffers a loss of 25%. Find his loss or gain per cent on the whole transaction.MediumSolve →Q4Tinkawala purchased the articles for Rs.123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14%?MediumSolve →Q5A shopkeeper marks the price of an article at Rs. 250. Find the cost price if after allowing a discount of 20% he still gains 25% on the cost price.MediumSolve →Q6Find a single discount equivalent to the discount series of 25%, 20%, 10%.MediumSolve →Q7A dealer gives as much discount (in per cent) as the markup (in per cent) above the cost price. What is the profit or loss percent?MediumSolve →Q8A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs. 36. What is the cost price of each camera?MediumSolve →Q9A whole-seller allows a discount of 25% on the list price to a retailer. The retailer sells at a 10% discount on the list price. If the customer paid Rs.54 for an article, what is the profit by the retailer?MediumSolve →Q10A shopkeeper calculated his profit percent on the selling price which comes out to be 30%. If it had been calculated as usual on the cost price, then what is the required percentage profit?MediumSolve →

Every Profit and loss attribute, distilled.

Test yourself on Profit and loss

Solve. Pattern-spot. Repeat - question by question.

Crack Profit and loss with a structured plan.

Keep building momentum.