Questions & Answers: "Profit and Loss"

Pradeep bought a mobile for Rs. twenty two and a half thousand and sold the same for Rs. nineteen thousand eight hundred and seventy. How much was his loss?

In a transaction, the cost price is Rs. thirty two hundred and eighty and the selling price is Rs. thirty four hundred and seventy. Find out whether the transaction had profit or loss and by how much?

Ramu purchased 45 litres milk with the rate Rs. 35 per litre. He sold all the milk with profit Rs. 315. Find the selling price of milk per litre.

Akash purchased a cycle for Rs. 3250 and sold it for Rs. 2375 after a year. Did he make profit or loss and how much?

Dilip purchased a motorcycle for Rs. 35900. He spent Rs. 3780 on its repairs. After some days, he sold the motorcycle for Rs. 40750. How much profit did he make in this transaction?

A merchant bought 300 sacks of wheat at Rs. 2500 per quintal. Due to heavy rains, 70 sacks of grains were destroyed. He sold the remaining sacks at the rate of Rs. 2700 per quintal. How much profit or loss did he make in this transaction?

Nisha sold an article at Rs. 1730 which she had purchased at Rs. 1350. How much profit or loss did she make?

For a trip in the month of May, Swara booked air tickets in advance for Rs. 5780. Due to some reason, she had to cancel the ticket. She got an amount back with the deduction of 30%. How much loss did she suffer?

Select the correct option

Javed purchased 10 boxes of Mangoes at the rate of ₹ 3000 each. After some days Mangoes got spoiled so he sold them at ₹ 1200 per box. What is the percentage of loss he got?

If an article of ₹ 1000 is sold at 30 % profit then how many rupees profit is gained in the transaction?

Jay purchased an old bike at ₹ 17000 and after 2 months he sold it at ₹ 15000. How much is the loss (in ₹) in this transaction?

Vijayrao purchased 30 dozen oranges at the rate of Rs. 50 per dozen. 15 oranges were spoiled. He sold the remaining oranges at Rs. 6 per orange. How much profit or loss did he earn in this transaction?

Iqbal purchased an old motorcycle at Rs. 25,000. He spent Rs. 8,500 on its repairs, Rs. 2,500 for its colouring and then sold it at Rs. 38,500. How much profit did he earn in the following transaction?

Magansheth sold 52 litres of milk for Rs. 2184 and earned a profit of Rs. 364. Find the cost price of milk per litre.

When a shirt is sold at Rs. 400, the profit earned is 3/8 times the selling price. What is the cost price of the shirt ?

Nanasaheb purchased an ox for Rs. 32,000 and he had to spend Rs. 1500 on transportation to take it home. After 3 months he sold it at Rs. 35,300. How much profit did he earn in this transaction ?

Which of the following statements is true?

John purchased a motor cycle for ₹ 20,000 and sold it for ₹ 25,000. Did he make a profit or loss and how much?

Rahul sold the motorbike at ₹ 64250 which he had purchased at ₹ 58500. How much profit or loss did he gain in the trade?

Ayush purchased a tractor for Rs. a quarter less to 4 lakh and a thresher for Rs. quarter more than 65000. How much amount did he spend in all?

When a cupboard is sold at ₹ 5650 some loss is occurred. Equal amount of profit is gained if the cupboard is sold at ₹ 8350 then, what is the cost price of the cupboard?

If a clock is sold at ₹ 4560 the profit is ₹ 470 then what is the cost price of the clock?

Rashid purchased 27 kg sugar at the rate ₹ 37 per kg. If he sold all the sugar at ₹ 940 then how much was the profit or loss in the trade?