Profit and Loss Questions & Answers<\/title>\n<\/head>\n<body style=\"background:#fff; color:#000; font-family:sans-serif; margin:0; padding:0;\">\n <div style=\"max-width:900px; margin:32px auto; background:#fff; border:1px solid #bbb; border-radius:8px; box-shadow:0 2px 8px #ddd;\">\n <div style=\"padding:24px 32px 8px 32px;\">\n <h1 style=\"color:#222; border-bottom:2px solid #ccc; padding-bottom:8px;\">100 Questions & Answers: Profit and Loss<\/h1>\n <div style=\"background:#f4f4f4; border:1px solid #ccc; border-radius:6px; padding:18px; margin-bottom:18px;\">\n Key Formulas and Concepts:<\/b>\n <ul style=\"color:#222; line-height:1.8;\">\n <li>Profit (P) = Selling Price (SP) \u2013 Cost Price (CP)<\/b><\/li>\n <li>Loss (L) = Cost Price (CP) \u2212 Selling Price (SP)<\/b><\/li>\n <li>Profit % = (Profit \/ Cost Price) \u00d7 100<\/b><\/li>\n <li>Loss % = (Loss \/ Cost Price) \u00d7 100<\/b><\/li>\n <li>Selling Price (SP) = Cost Price \u00d7 [(100 + Profit%) \/ 100] (for profit)<\/b><\/li>\n <li>Cost Price (CP) = Selling Price \u00d7 [100 \/ (100 + Profit%)] (for profit)<\/b><\/li>\n <li>Discount = Marked Price (MP) \u2212 Selling Price (SP)<\/b><\/li>\n <\/ul>\n <\/div>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:40px;\">Basic Questions & Answers (1\u201330)<\/h2>\n <ol style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> What is profit? A:<\/b> The amount earned when the selling price is greater than the cost price.<\/li>\n <li>Q:<\/b> What is loss? A:<\/b> The amount lost when the cost price is greater than the selling price.<\/li>\n <li>Q:<\/b> Define cost price. A:<\/b> The price at which an article is purchased.<\/li>\n <li>Q:<\/b> Define selling price. A:<\/b> The price at which an article is sold.<\/li>\n <li>Q:<\/b> A shopkeeper buys a pen for \u20b910 and sells it for \u20b915. Find the profit. A:<\/b> Profit = \u20b915 \u2212 \u20b910 = \u20b95.<\/li>\n <li>Q:<\/b> What is the profit percent in question 5? A:<\/b> Profit % = (5\/10) \u00d7 100 = 50%.<\/li>\n <li>Q:<\/b> If CP = \u20b950, SP = \u20b940. What is the loss? A:<\/b> Loss = \u20b950 \u2212 \u20b940 = \u20b910.<\/li>\n <li>Q:<\/b> Loss percent in question 7? A:<\/b> (10\/50) \u00d7 100 = 20%.<\/li>\n <li>Q:<\/b> If cost price and selling price are equal, what is the result? A:<\/b> Neither profit nor loss.<\/li>\n <li>Q:<\/b> If an item is bought for \u20b9200 and sold for \u20b9250, find profit%? A:<\/b> Profit = \u20b950; Profit% = (50\/200) \u00d7 100 = 25%.<\/li>\n <li>Q:<\/b> Article bought at \u20b9300, sold at loss of \u20b960. Find SP. A:<\/b> SP = \u20b9300 \u2212 \u20b960 = \u20b9240.<\/li>\n <li>Q:<\/b> If selling price is \u20b9120 and profit is \u20b920, what was cost price? A:<\/b> CP = \u20b9120 \u2212 \u20b920 = \u20b9100.<\/li>\n <li>Q:<\/b> Find the loss % if CP is \u20b980, SP is \u20b968. A:<\/b> Loss = \u20b912; Loss% = (12\/80) \u00d7 100 = 15%.<\/li>\n <li>Q:<\/b> If profit% is 10% and CP is \u20b92,000, what is SP? A:<\/b> SP = 2,000 \u00d7 (110\/100) = \u20b92,200.<\/li>\n <li>Q:<\/b> If loss% is 25% and CP is \u20b9400, what is SP? A:<\/b> SP = 400 \u00d7 (75\/100) = \u20b9300.<\/li>\n <li>Q:<\/b> If SP = \u20b9480 and loss% = 20%, find CP. A:<\/b> CP = 480 \u00d7 100\/80 = \u20b9600.<\/li>\n <li>Q:<\/b> If SP = \u20b91,000 and profit% = 25%, find CP. A:<\/b> CP = 1000 \u00d7 100\/125 = \u20b9800.<\/li>\n <li>Q:<\/b> CP = \u20b9350, profit% = 15%. Find SP. A:<\/b> SP = 350 \u00d7 115\/100 = \u20b9402.50.<\/li>\n <li>Q:<\/b> Item sold for \u20b975, loss = \u20b925. Find CP. A:<\/b> CP = 75 + 25 = \u20b9100.<\/li>\n <li>Q:<\/b> Item bought for \u20b9180, sold at profit of 20%. SP? A:<\/b> SP = 180 \u00d7 120\/100 = \u20b9216.<\/li>\n <li>Q:<\/b> If CP = \u20b91, SP = \u20b90.85, loss%? A:<\/b> Loss% = ((1\u22120.85)\/1)\u00d7100 = 15%.<\/li>\n <li>Q:<\/b> SP is 125% of CP, profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> CP is \u20b960, sold at loss of 10%. SP? A:<\/b> \u20b960 \u00d7 0.9 = \u20b954.<\/li>\n <li>Q:<\/b> SP is \u20b990, profit = \u20b910. CP? A:<\/b> \u20b980.<\/li>\n <li>Q:<\/b> CP = \u20b9300. To get 20% profit, SP? A:<\/b> \u20b9300 \u00d7 1.2 = \u20b9360.<\/li>\n <li>Q:<\/b> CP = \u20b9200, SP = \u20b9150, loss%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> Item bought and sold at same price. What\u2019s profit\/loss %? A:<\/b> 0%.<\/li>\n <li>Q:<\/b> CP = \u20b950, SP = \u20b965, profit%? A:<\/b> (15\/50) \u00d7 100 = 30%.<\/li>\n <li>Q:<\/b> SP = \u20b9140, loss = \u20b910, find CP. A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> Article sold at \u20b9900, profit is 20%. CP? A:<\/b> 900 \u00d7 100\/120 = \u20b9750.<\/li>\n <\/ol>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:36px;\">Intermediate Questions & Answers (31\u201370)<\/h2>\n <ol start=\"31\" style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> If CP = \u20b9120, loss% = 10%, SP? A:<\/b> \u20b9108.<\/li>\n <li>Q:<\/b> Marked price = \u20b9200, discount = 10%, SP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> A pen bought for \u20b980, sold for \u20b9104. Profit%? A:<\/b> 30%.<\/li>\n <li>Q:<\/b> SP is \u20b9540, loss% is 10%. CP? A:<\/b> 540 \u00d7 100\/90 = \u20b9600.<\/li>\n <li>Q:<\/b> CP is \u20b91,000. Find SP for 5% loss. A:<\/b> \u20b9950.<\/li>\n <li>Q:<\/b> Article bought for \u20b940, sold to gain 20%. SP? A:<\/b> \u20b948.<\/li>\n <li>Q:<\/b> SP = \u20b975, loss = \u20b915. CP? A:<\/b> \u20b990.<\/li>\n <li>Q:<\/b> A loss of 25%, SP = \u20b9300. CP? A:<\/b> 300 \u00d7 100\/75 = \u20b9400.<\/li>\n <li>Q:<\/b> Marked price = \u20b9250, discount 20%. SP? A:<\/b> \u20b9200.<\/li>\n <li>Q:<\/b> SP is 90% of CP. What is loss%? A:<\/b> 10%.<\/li>\n <li>Q:<\/b> CP = \u20b9600, profit = \u20b9180. Find SP. A:<\/b> \u20b9780.<\/li>\n <li>Q:<\/b> SP = \u20b91,100, profit = \u20b9200. CP? A:<\/b> \u20b9900.<\/li>\n <li>Q:<\/b> A man buys for \u20b9200, spends \u20b920 on transport, sells for \u20b9270. Find profit%. A:<\/b> Net CP = \u20b9220; Profit = \u20b950; Profit% \u2248 22.73%.<\/li>\n <li>Q:<\/b> Profit% = 20%, CP = \u20b9150. SP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> Loss% = 20%, SP = \u20b9480. CP? A:<\/b> \u20b9600.<\/li>\n <li>Q:<\/b> If the CP is increased by 20% and SP increased by 20%, what happens to profit%? A:<\/b> Profit% remains unchanged.<\/li>\n <li>Q:<\/b> CP = \u20b9250, profit = 10%, SP? A:<\/b> \u20b9275.<\/li>\n <li>Q:<\/b> CP = \u20b9125, profit = \u20b925. SP? A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> SP = \u20b9900, profit% = 50%. CP? A:<\/b> 900\/1.5 = \u20b9600.<\/li>\n <li>Q:<\/b> SP = \u20b988, loss% = 20%. CP? A:<\/b> 88\/0.8 = \u20b9110.<\/li>\n <li>Q:<\/b> Profit = 25% of CP. If CP = \u20b9200, find SP. A:<\/b> \u20b9250.<\/li>\n <li>Q:<\/b> Loss = 12% on CP of \u20b9700. SP? A:<\/b> \u20b9616.<\/li>\n <li>Q:<\/b> Marked price = \u20b9120, discount = 5%, SP? A:<\/b> \u20b9114.<\/li>\n <li>Q:<\/b> If SP is 125% of CP, what is profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> CP = \u20b980, sold at 125% of CP. SP? A:<\/b> \u20b9100.<\/li>\n <li>Q:<\/b> Loss = \u20b920, CP = \u20b9100. SP? A:<\/b> \u20b980.<\/li>\n <li>Q:<\/b> Profit = 10%, CP = \u20b990. SP? A:<\/b> \u20b999.<\/li>\n <li>Q:<\/b> Loss = 16.67%, CP = \u20b960. SP? A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> SP = \u20b9270, CP = \u20b9300. Loss%? A:<\/b> 10%.<\/li>\n <li>Q:<\/b> SP = \u20b9550, profit = \u20b950. CP? A:<\/b> \u20b9500.<\/li>\n <li>Q:<\/b> A man bought an item for \u20b9200, sold for \u20b9220. Find profit%. A:<\/b> 10%.<\/li>\n <li>Q:<\/b> SP = \u20b975, CP = \u20b960. Profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> Loss = \u20b918, SP = \u20b9162. CP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> CP = \u20b9250. Sold at 10% loss. SP? A:<\/b> \u20b9225.<\/li>\n <li>Q:<\/b> Profit = \u20b940, CP = \u20b9200. Profit%? A:<\/b> 20%.<\/li>\n <li>Q:<\/b> Loss = \u20b945, CP = \u20b9300. Find loss%. A:<\/b> 15%.<\/li>\n <li>Q:<\/b> SP = \u20b9180, CP = \u20b9225. Profit\/Loss? A:<\/b> Loss, Loss% = 20%.<\/li>\n <li>Q:<\/b> CP = \u20b91,000, profit% = 5%. SP? A:<\/b> \u20b91,050.<\/li>\n <li>Q:<\/b> A person made 10% profit on \u20b9500. Find profit. A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> Loss is 14%, CP = \u20b9350. SP? A:<\/b> \u20b9301.<\/li>\n <\/ol>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:36px;\">Advanced\/Word Problem Questions (71\u2013100)<\/h2>\n <ol start=\"71\" style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> Bought 5 items for \u20b9200, sold at \u20b950 each. Profit%? A:<\/b> Sold for \u20b9250; profit = \u20b950; profit% = 25%.<\/li>\n <li>Q:<\/b> Bought a car for \u20b92,00,000, sold for \u20b92,20,000, expenses \u20b910,000. Profit%? A:<\/b> Net CP = \u20b92,10,000; profit = \u20b910,000; profit% \u2248 4.76%.<\/li>\n <li>Q:<\/b> A sold a bike for \u20b98,000 at a profit of 25%. Find CP. A:<\/b> CP = 8,000\/1.25 = \u20b96,400.<\/li>\n <li>Q:<\/b> Sold 80 pens at \u20b910 each, profit of \u20b9160. Find CP of one pen. A:<\/b> Total SP = \u20b9800, profit = \u20b9160, CP = (800\u2013160)\/80 = \u20b98.<\/li>\n <li>Q:<\/b> If profit% = 0, then SP equals? A:<\/b> SP = CP.<\/li>\n <li>Q:<\/b> SP is 112% of CP. Find profit%. A:<\/b> 12%.<\/li>\n <li>Q:<\/b> SP = \u20b9850, CP = \u20b91,000. Find loss%. A:<\/b> 15%.<\/li>\n <li>Q:<\/b> A watch bought at \u20b9500, sold at loss of 10%. SP? A:<\/b> \u20b9450.<\/li>\n <li>Q:<\/b> Item sold at \u20b9600, incurred a loss of \u20b9120. CP? A:<\/b> \u20b9720.<\/li>\n <li>Q:<\/b> Sold at a profit of \u20b960, CP is \u20b9540. Find SP. A:<\/b> \u20b9600.<\/li>\n <li>Q:<\/b> Item purchased at \u20b92,400, sold at 20% profit. SP? A:<\/b> \u20b92,880.<\/li>\n <li>Q:<\/b> SP = \u20b970, profit = \u20b920. Find CP. A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> CP = \u20b92,500, loss percent = 20%. SP? A:<\/b> \u20b92,000.<\/li>\n <li>Q:<\/b> Marked price = \u20b9900, discount = 10%, SP? A:<\/b> \u20b9810.<\/li>\n <li>Q:<\/b> Sold at 10% profit, CP = \u20b9250. SP? A:<\/b> \u20b9275.<\/li>\n <li>Q:<\/b> Loss = \u20b930, CP = \u20b9200. Loss%? A:<\/b> 15%.<\/li>\n <li>Q:<\/b> Marked price = \u20b9800, discount = \u20b9160. SP? A:<\/b> \u20b9640.<\/li>\n <li>Q:<\/b> SP is 40% more than CP. Find profit%. A:<\/b> 40%.<\/li>\n <li>Q:<\/b> SP is 30% less than CP. Loss%? A:<\/b> 30%.<\/li>\n <li>Q:<\/b> CP = \u20b9120, profit = 25%. SP? A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> Loss of 5% on \u20b9600, SP? A:<\/b> \u20b9570.<\/li>\n <li>Q:<\/b> Sold a pen at 80% of CP, incurring a 20% loss. Find CP if SP = \u20b980. A:<\/b> CP = 80\/0.8 = \u20b9100.<\/li>\n <li>Q:<\/b> Selling price is double the cost price. Profit%? A:<\/b> 100%.<\/li>\n <li>Q:<\/b> Bought at \u20b9400, sold at a loss of 25%. SP? A:<\/b> \u20b9300.<\/li>\n <li>Q:<\/b> Marked price = \u20b92,000. Discount = 10%. Find SP. A:<\/b> \u20b91,800.<\/li>\n <li>Q:<\/b> After 20% discount on marked price, item sold at \u20b9160. Marked price? A:<\/b> \u20b9160\/0.8 = \u20b9200.<\/li>\n <li>Q:<\/b> Loss = 33.33%, CP = \u20b960, SP? A:<\/b> \u20b940.<\/li>\n <li>Q:<\/b> SP = \u20b9120, CP = \u20b980. Profit%? A:<\/b> 50%.<\/li>\n <li>Q:<\/b> If profit% and loss% on two articles is equal and SPs are same, net result? A:<\/b> Always a loss.<\/li>\n <li>Q:<\/b> A sold for \u20b9600 at profit of 20%; B sold for \u20b9720 at loss of 10%. Find net profit\/loss% if CPs added and SPs added. A:<\/b> CP(A) = 600\/1.2 = 500, CP(B) = 720\/0.9 = 800. Total CP = 1,300. Total SP = 1,320. Net Profit = 20, Profit% \u2248 1.54%.<\/li>\n <\/ol>\n <\/div>\n <div style=\"padding:24px 32px 24px 32px; background:#f8f8f8; border-top:1px solid #ccc; margin-top:24px; border-radius:0 0 8px 8px;\">\n End of set \u2014 Practice more for mastery!<\/p>\n <\/div>\n <\/div>\n<\/body>\n<\/html>\n\n","protected":false},"excerpt":{"rendered":"Profit and Loss Questions & Answers 100 Questions & Answers: Profit and Loss Key Formulas and Concepts: Profit (P) = Selling Price (SP) \u2013 Cost Price (CP) Loss (L) = Cost Price (CP) \u2212 Selling Price (SP) Profit % = (Profit \/ Cost Price) \u00d7 100 Loss % = (Loss \/ Cost Price) \u00d7 100 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,8],"tags":[],"class_list":["post-204","post","type-post","status-publish","format-standard","hentry","category-mind-maths","category-tips"],"_links":{"self":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=204"}],"version-history":[{"count":1,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204\/revisions"}],"predecessor-version":[{"id":205,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204\/revisions\/205"}],"wp:attachment":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":204,"date":"2025-07-30T12:44:33","date_gmt":"2025-07-30T07:14:33","guid":{"rendered":"https:\/\/myschoolnow.in\/?p=204"},"modified":"2025-07-30T12:44:33","modified_gmt":"2025-07-30T07:14:33","slug":"profit-loss-questions","status":"publish","type":"post","link":"https:\/\/myschoolnow.in\/?p=204","title":{"rendered":"Profit \/ Loss questions"},"content":{"rendered":"\n\n\n\n \n Profit and Loss Questions & Answers<\/title>\n<\/head>\n<body style=\"background:#fff; color:#000; font-family:sans-serif; margin:0; padding:0;\">\n <div style=\"max-width:900px; margin:32px auto; background:#fff; border:1px solid #bbb; border-radius:8px; box-shadow:0 2px 8px #ddd;\">\n <div style=\"padding:24px 32px 8px 32px;\">\n <h1 style=\"color:#222; border-bottom:2px solid #ccc; padding-bottom:8px;\">100 Questions & Answers: Profit and Loss<\/h1>\n <div style=\"background:#f4f4f4; border:1px solid #ccc; border-radius:6px; padding:18px; margin-bottom:18px;\">\n Key Formulas and Concepts:<\/b>\n <ul style=\"color:#222; line-height:1.8;\">\n <li>Profit (P) = Selling Price (SP) \u2013 Cost Price (CP)<\/b><\/li>\n <li>Loss (L) = Cost Price (CP) \u2212 Selling Price (SP)<\/b><\/li>\n <li>Profit % = (Profit \/ Cost Price) \u00d7 100<\/b><\/li>\n <li>Loss % = (Loss \/ Cost Price) \u00d7 100<\/b><\/li>\n <li>Selling Price (SP) = Cost Price \u00d7 [(100 + Profit%) \/ 100] (for profit)<\/b><\/li>\n <li>Cost Price (CP) = Selling Price \u00d7 [100 \/ (100 + Profit%)] (for profit)<\/b><\/li>\n <li>Discount = Marked Price (MP) \u2212 Selling Price (SP)<\/b><\/li>\n <\/ul>\n <\/div>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:40px;\">Basic Questions & Answers (1\u201330)<\/h2>\n <ol style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> What is profit? A:<\/b> The amount earned when the selling price is greater than the cost price.<\/li>\n <li>Q:<\/b> What is loss? A:<\/b> The amount lost when the cost price is greater than the selling price.<\/li>\n <li>Q:<\/b> Define cost price. A:<\/b> The price at which an article is purchased.<\/li>\n <li>Q:<\/b> Define selling price. A:<\/b> The price at which an article is sold.<\/li>\n <li>Q:<\/b> A shopkeeper buys a pen for \u20b910 and sells it for \u20b915. Find the profit. A:<\/b> Profit = \u20b915 \u2212 \u20b910 = \u20b95.<\/li>\n <li>Q:<\/b> What is the profit percent in question 5? A:<\/b> Profit % = (5\/10) \u00d7 100 = 50%.<\/li>\n <li>Q:<\/b> If CP = \u20b950, SP = \u20b940. What is the loss? A:<\/b> Loss = \u20b950 \u2212 \u20b940 = \u20b910.<\/li>\n <li>Q:<\/b> Loss percent in question 7? A:<\/b> (10\/50) \u00d7 100 = 20%.<\/li>\n <li>Q:<\/b> If cost price and selling price are equal, what is the result? A:<\/b> Neither profit nor loss.<\/li>\n <li>Q:<\/b> If an item is bought for \u20b9200 and sold for \u20b9250, find profit%? A:<\/b> Profit = \u20b950; Profit% = (50\/200) \u00d7 100 = 25%.<\/li>\n <li>Q:<\/b> Article bought at \u20b9300, sold at loss of \u20b960. Find SP. A:<\/b> SP = \u20b9300 \u2212 \u20b960 = \u20b9240.<\/li>\n <li>Q:<\/b> If selling price is \u20b9120 and profit is \u20b920, what was cost price? A:<\/b> CP = \u20b9120 \u2212 \u20b920 = \u20b9100.<\/li>\n <li>Q:<\/b> Find the loss % if CP is \u20b980, SP is \u20b968. A:<\/b> Loss = \u20b912; Loss% = (12\/80) \u00d7 100 = 15%.<\/li>\n <li>Q:<\/b> If profit% is 10% and CP is \u20b92,000, what is SP? A:<\/b> SP = 2,000 \u00d7 (110\/100) = \u20b92,200.<\/li>\n <li>Q:<\/b> If loss% is 25% and CP is \u20b9400, what is SP? A:<\/b> SP = 400 \u00d7 (75\/100) = \u20b9300.<\/li>\n <li>Q:<\/b> If SP = \u20b9480 and loss% = 20%, find CP. A:<\/b> CP = 480 \u00d7 100\/80 = \u20b9600.<\/li>\n <li>Q:<\/b> If SP = \u20b91,000 and profit% = 25%, find CP. A:<\/b> CP = 1000 \u00d7 100\/125 = \u20b9800.<\/li>\n <li>Q:<\/b> CP = \u20b9350, profit% = 15%. Find SP. A:<\/b> SP = 350 \u00d7 115\/100 = \u20b9402.50.<\/li>\n <li>Q:<\/b> Item sold for \u20b975, loss = \u20b925. Find CP. A:<\/b> CP = 75 + 25 = \u20b9100.<\/li>\n <li>Q:<\/b> Item bought for \u20b9180, sold at profit of 20%. SP? A:<\/b> SP = 180 \u00d7 120\/100 = \u20b9216.<\/li>\n <li>Q:<\/b> If CP = \u20b91, SP = \u20b90.85, loss%? A:<\/b> Loss% = ((1\u22120.85)\/1)\u00d7100 = 15%.<\/li>\n <li>Q:<\/b> SP is 125% of CP, profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> CP is \u20b960, sold at loss of 10%. SP? A:<\/b> \u20b960 \u00d7 0.9 = \u20b954.<\/li>\n <li>Q:<\/b> SP is \u20b990, profit = \u20b910. CP? A:<\/b> \u20b980.<\/li>\n <li>Q:<\/b> CP = \u20b9300. To get 20% profit, SP? A:<\/b> \u20b9300 \u00d7 1.2 = \u20b9360.<\/li>\n <li>Q:<\/b> CP = \u20b9200, SP = \u20b9150, loss%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> Item bought and sold at same price. What\u2019s profit\/loss %? A:<\/b> 0%.<\/li>\n <li>Q:<\/b> CP = \u20b950, SP = \u20b965, profit%? A:<\/b> (15\/50) \u00d7 100 = 30%.<\/li>\n <li>Q:<\/b> SP = \u20b9140, loss = \u20b910, find CP. A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> Article sold at \u20b9900, profit is 20%. CP? A:<\/b> 900 \u00d7 100\/120 = \u20b9750.<\/li>\n <\/ol>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:36px;\">Intermediate Questions & Answers (31\u201370)<\/h2>\n <ol start=\"31\" style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> If CP = \u20b9120, loss% = 10%, SP? A:<\/b> \u20b9108.<\/li>\n <li>Q:<\/b> Marked price = \u20b9200, discount = 10%, SP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> A pen bought for \u20b980, sold for \u20b9104. Profit%? A:<\/b> 30%.<\/li>\n <li>Q:<\/b> SP is \u20b9540, loss% is 10%. CP? A:<\/b> 540 \u00d7 100\/90 = \u20b9600.<\/li>\n <li>Q:<\/b> CP is \u20b91,000. Find SP for 5% loss. A:<\/b> \u20b9950.<\/li>\n <li>Q:<\/b> Article bought for \u20b940, sold to gain 20%. SP? A:<\/b> \u20b948.<\/li>\n <li>Q:<\/b> SP = \u20b975, loss = \u20b915. CP? A:<\/b> \u20b990.<\/li>\n <li>Q:<\/b> A loss of 25%, SP = \u20b9300. CP? A:<\/b> 300 \u00d7 100\/75 = \u20b9400.<\/li>\n <li>Q:<\/b> Marked price = \u20b9250, discount 20%. SP? A:<\/b> \u20b9200.<\/li>\n <li>Q:<\/b> SP is 90% of CP. What is loss%? A:<\/b> 10%.<\/li>\n <li>Q:<\/b> CP = \u20b9600, profit = \u20b9180. Find SP. A:<\/b> \u20b9780.<\/li>\n <li>Q:<\/b> SP = \u20b91,100, profit = \u20b9200. CP? A:<\/b> \u20b9900.<\/li>\n <li>Q:<\/b> A man buys for \u20b9200, spends \u20b920 on transport, sells for \u20b9270. Find profit%. A:<\/b> Net CP = \u20b9220; Profit = \u20b950; Profit% \u2248 22.73%.<\/li>\n <li>Q:<\/b> Profit% = 20%, CP = \u20b9150. SP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> Loss% = 20%, SP = \u20b9480. CP? A:<\/b> \u20b9600.<\/li>\n <li>Q:<\/b> If the CP is increased by 20% and SP increased by 20%, what happens to profit%? A:<\/b> Profit% remains unchanged.<\/li>\n <li>Q:<\/b> CP = \u20b9250, profit = 10%, SP? A:<\/b> \u20b9275.<\/li>\n <li>Q:<\/b> CP = \u20b9125, profit = \u20b925. SP? A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> SP = \u20b9900, profit% = 50%. CP? A:<\/b> 900\/1.5 = \u20b9600.<\/li>\n <li>Q:<\/b> SP = \u20b988, loss% = 20%. CP? A:<\/b> 88\/0.8 = \u20b9110.<\/li>\n <li>Q:<\/b> Profit = 25% of CP. If CP = \u20b9200, find SP. A:<\/b> \u20b9250.<\/li>\n <li>Q:<\/b> Loss = 12% on CP of \u20b9700. SP? A:<\/b> \u20b9616.<\/li>\n <li>Q:<\/b> Marked price = \u20b9120, discount = 5%, SP? A:<\/b> \u20b9114.<\/li>\n <li>Q:<\/b> If SP is 125% of CP, what is profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> CP = \u20b980, sold at 125% of CP. SP? A:<\/b> \u20b9100.<\/li>\n <li>Q:<\/b> Loss = \u20b920, CP = \u20b9100. SP? A:<\/b> \u20b980.<\/li>\n <li>Q:<\/b> Profit = 10%, CP = \u20b990. SP? A:<\/b> \u20b999.<\/li>\n <li>Q:<\/b> Loss = 16.67%, CP = \u20b960. SP? A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> SP = \u20b9270, CP = \u20b9300. Loss%? A:<\/b> 10%.<\/li>\n <li>Q:<\/b> SP = \u20b9550, profit = \u20b950. CP? A:<\/b> \u20b9500.<\/li>\n <li>Q:<\/b> A man bought an item for \u20b9200, sold for \u20b9220. Find profit%. A:<\/b> 10%.<\/li>\n <li>Q:<\/b> SP = \u20b975, CP = \u20b960. Profit%? A:<\/b> 25%.<\/li>\n <li>Q:<\/b> Loss = \u20b918, SP = \u20b9162. CP? A:<\/b> \u20b9180.<\/li>\n <li>Q:<\/b> CP = \u20b9250. Sold at 10% loss. SP? A:<\/b> \u20b9225.<\/li>\n <li>Q:<\/b> Profit = \u20b940, CP = \u20b9200. Profit%? A:<\/b> 20%.<\/li>\n <li>Q:<\/b> Loss = \u20b945, CP = \u20b9300. Find loss%. A:<\/b> 15%.<\/li>\n <li>Q:<\/b> SP = \u20b9180, CP = \u20b9225. Profit\/Loss? A:<\/b> Loss, Loss% = 20%.<\/li>\n <li>Q:<\/b> CP = \u20b91,000, profit% = 5%. SP? A:<\/b> \u20b91,050.<\/li>\n <li>Q:<\/b> A person made 10% profit on \u20b9500. Find profit. A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> Loss is 14%, CP = \u20b9350. SP? A:<\/b> \u20b9301.<\/li>\n <\/ol>\n <h2 style=\"color:#444; border-bottom:1px solid #ccc; padding-bottom:4px; margin-top:36px;\">Advanced\/Word Problem Questions (71\u2013100)<\/h2>\n <ol start=\"71\" style=\"color:#222; line-height:1.8;\">\n <li>Q:<\/b> Bought 5 items for \u20b9200, sold at \u20b950 each. Profit%? A:<\/b> Sold for \u20b9250; profit = \u20b950; profit% = 25%.<\/li>\n <li>Q:<\/b> Bought a car for \u20b92,00,000, sold for \u20b92,20,000, expenses \u20b910,000. Profit%? A:<\/b> Net CP = \u20b92,10,000; profit = \u20b910,000; profit% \u2248 4.76%.<\/li>\n <li>Q:<\/b> A sold a bike for \u20b98,000 at a profit of 25%. Find CP. A:<\/b> CP = 8,000\/1.25 = \u20b96,400.<\/li>\n <li>Q:<\/b> Sold 80 pens at \u20b910 each, profit of \u20b9160. Find CP of one pen. A:<\/b> Total SP = \u20b9800, profit = \u20b9160, CP = (800\u2013160)\/80 = \u20b98.<\/li>\n <li>Q:<\/b> If profit% = 0, then SP equals? A:<\/b> SP = CP.<\/li>\n <li>Q:<\/b> SP is 112% of CP. Find profit%. A:<\/b> 12%.<\/li>\n <li>Q:<\/b> SP = \u20b9850, CP = \u20b91,000. Find loss%. A:<\/b> 15%.<\/li>\n <li>Q:<\/b> A watch bought at \u20b9500, sold at loss of 10%. SP? A:<\/b> \u20b9450.<\/li>\n <li>Q:<\/b> Item sold at \u20b9600, incurred a loss of \u20b9120. CP? A:<\/b> \u20b9720.<\/li>\n <li>Q:<\/b> Sold at a profit of \u20b960, CP is \u20b9540. Find SP. A:<\/b> \u20b9600.<\/li>\n <li>Q:<\/b> Item purchased at \u20b92,400, sold at 20% profit. SP? A:<\/b> \u20b92,880.<\/li>\n <li>Q:<\/b> SP = \u20b970, profit = \u20b920. Find CP. A:<\/b> \u20b950.<\/li>\n <li>Q:<\/b> CP = \u20b92,500, loss percent = 20%. SP? A:<\/b> \u20b92,000.<\/li>\n <li>Q:<\/b> Marked price = \u20b9900, discount = 10%, SP? A:<\/b> \u20b9810.<\/li>\n <li>Q:<\/b> Sold at 10% profit, CP = \u20b9250. SP? A:<\/b> \u20b9275.<\/li>\n <li>Q:<\/b> Loss = \u20b930, CP = \u20b9200. Loss%? A:<\/b> 15%.<\/li>\n <li>Q:<\/b> Marked price = \u20b9800, discount = \u20b9160. SP? A:<\/b> \u20b9640.<\/li>\n <li>Q:<\/b> SP is 40% more than CP. Find profit%. A:<\/b> 40%.<\/li>\n <li>Q:<\/b> SP is 30% less than CP. Loss%? A:<\/b> 30%.<\/li>\n <li>Q:<\/b> CP = \u20b9120, profit = 25%. SP? A:<\/b> \u20b9150.<\/li>\n <li>Q:<\/b> Loss of 5% on \u20b9600, SP? A:<\/b> \u20b9570.<\/li>\n <li>Q:<\/b> Sold a pen at 80% of CP, incurring a 20% loss. Find CP if SP = \u20b980. A:<\/b> CP = 80\/0.8 = \u20b9100.<\/li>\n <li>Q:<\/b> Selling price is double the cost price. Profit%? A:<\/b> 100%.<\/li>\n <li>Q:<\/b> Bought at \u20b9400, sold at a loss of 25%. SP? A:<\/b> \u20b9300.<\/li>\n <li>Q:<\/b> Marked price = \u20b92,000. Discount = 10%. Find SP. A:<\/b> \u20b91,800.<\/li>\n <li>Q:<\/b> After 20% discount on marked price, item sold at \u20b9160. Marked price? A:<\/b> \u20b9160\/0.8 = \u20b9200.<\/li>\n <li>Q:<\/b> Loss = 33.33%, CP = \u20b960, SP? A:<\/b> \u20b940.<\/li>\n <li>Q:<\/b> SP = \u20b9120, CP = \u20b980. Profit%? A:<\/b> 50%.<\/li>\n <li>Q:<\/b> If profit% and loss% on two articles is equal and SPs are same, net result? A:<\/b> Always a loss.<\/li>\n <li>Q:<\/b> A sold for \u20b9600 at profit of 20%; B sold for \u20b9720 at loss of 10%. Find net profit\/loss% if CPs added and SPs added. A:<\/b> CP(A) = 600\/1.2 = 500, CP(B) = 720\/0.9 = 800. Total CP = 1,300. Total SP = 1,320. Net Profit = 20, Profit% \u2248 1.54%.<\/li>\n <\/ol>\n <\/div>\n <div style=\"padding:24px 32px 24px 32px; background:#f8f8f8; border-top:1px solid #ccc; margin-top:24px; border-radius:0 0 8px 8px;\">\n End of set \u2014 Practice more for mastery!<\/p>\n <\/div>\n <\/div>\n<\/body>\n<\/html>\n\n","protected":false},"excerpt":{"rendered":"Profit and Loss Questions & Answers 100 Questions & Answers: Profit and Loss Key Formulas and Concepts: Profit (P) = Selling Price (SP) \u2013 Cost Price (CP) Loss (L) = Cost Price (CP) \u2212 Selling Price (SP) Profit % = (Profit \/ Cost Price) \u00d7 100 Loss % = (Loss \/ Cost Price) \u00d7 100 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,8],"tags":[],"class_list":["post-204","post","type-post","status-publish","format-standard","hentry","category-mind-maths","category-tips"],"_links":{"self":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=204"}],"version-history":[{"count":1,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204\/revisions"}],"predecessor-version":[{"id":205,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=\/wp\/v2\/posts\/204\/revisions\/205"}],"wp:attachment":[{"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myschoolnow.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}