Problem 1 :

A man buy an article for ₹27.50 and sells it for ₹28.60. Find his profit percent.
Solution :
Given :
Cost price = ₹27.50
Selling price = ₹28.60
Finding Profit :
Profit = Selling price - Cost price
Profit = 28.60 - 27.50
Profit = 1.10
Finding Profit Percent :
Profit percent = (Profit/Cost price) ⋅ 100 %
Profit percent = (1.10/27.50) ⋅ 100 %
Profit percent = 4 %
Problem 2 :
If a camera is purchased for ₹490 and sold it for ₹465.50, find the loss percent.
Solution :
Given :
Cost price = ₹490
Selling price = ₹465.50
Finding Loss :
Loss = Cost price - Selling price
Loss = 490 - 465.50
Loss = 24.50
Finding Loss Percent :
Loss percent = (Loss/Cost price) ⋅ 100 %
Loss percent = (24.50/490) ⋅ 100 %
Loss percent = 5 %
Problem 3 :
By selling 33 meters of cloth, one gains the selling price of 11 meters. Find the profit percent.
Solution :
Let the selling price of 1 meter of cloth be ₹1.
Then, the selling price of 33 meters of cloth = ₹33
By fact, we have
S.P of 33 m - C.P of of 33 m = Profit
Given :
By selling 33 meters of cloth, the profit earned is the selling price of 11 meters.
So, we have
S.P of 33 m - C.P of of 33 m = S.P of 11 m
S.P of 33 m - S.P of of 11 m = C.P of 33 m
S.P of 22 m = C.P of 33 m
22 ⋅ 1 = C.P of 33 m
22 = C.P of 33 m
Finding Profit :
Profit = Selling price - Cost price
Profit = 33 - 22
Profit = 11
Finding Profit Percent :
Profit percent = (Profit/Cost price) ⋅ 100 %
Profit percent = (11/22) ⋅ 100 %
Profit percent = (1/2) ⋅ 100 %
Profit percent = 50 %
Problem 4 :
A person incurs 5% loss by selling a laptop for ₹1140. At what price should the laptop be sold to earn 5% profit ?
Solution :
Let "x" be the cost price of the laptop.
Given :
The laptop is sold for ₹1140 at 5% loss.
So, we have
(100 - 5)% of x = 1140
95% of x = 1140
 0.95x = 1140
Divide both sides by 0.95
0.95x / 0.95 = 1140 / 0.95
x = 1200
The cost price of the laptop = ₹1200.
Selling price of the laptop at 5% proft is
= (100 + 5)% of 1200
= 105% of 1200
= 1.05 ⋅ 1200
= 1260
Hence, the laptop should be sold at ₹1260 to earn a profit of 5%.
Problem 5 :
The cost price of 21 articles is equal to S.P of 18 articles. Find the profit or loss percent.
Solution :
Let the cost of 1 article ₹1.
Then, the cost price of 18 articles = ₹18
Given :
Cost price of 21 articles = Selling price of 18 articles
21 ⋅ 1 = Selling price of 18 articles
21 = Selling price of 18 articles
Finding Profit :
Profit = S.P of 18 articles - C.P of 18 articles
Profit = 21 - 18
Profit = 3
Finding Profit Percent :
Profit percent = (Profit/Cost price) ⋅ 100 %
Profit percent = (3/18) ⋅ 100 %
Profit percent = (1/6) ⋅ 100 %
Profit percent = 100/6 %
Profit percent = 16 ⅔ %
Problem 6 :
A man bought candies at 3 for a rupee. How many for a rupee must he sell to earn a profit of 50% ?
Solution :
Cost price of 3 candies = ₹1
Selling price of 3 candies at 50% is
= (100 + 50)% of cost price of 3 candies
= 150% of 1
= 1.5 ⋅ 1
= 1.5
So, he has to sell 3 candies for ₹1.50 to earn a profit of 50%.
Selling price of 1 candy = 1.50/3
Selling price of 1 candy = ₹0.50
No. of candies he has to sell for a rupee is
= 1/0.50
= 2
Hence, the person must sell 2 candies for a rupee to earn a profit of 50%.
Problem 7 :
If the cost price is 96% of the selling price, then what is the profit percent ?
Solution :
Let the selling price be ₹100.
Then the cost price is ₹96.
Finding Profit :
Profit = Selling price - Cost price
Profit = 100 - 96
Profit = 4
Finding Profit Percent :
Profit percent = (Profit/Cost price) ⋅ 100 %
Profit percent = (4/96) ⋅ 100 %
Profit percent = (1/24) ⋅ 100 %
Profit percent = 4.17 %
 Worksheet on Profit and Loss

1. A TV was bought for ₹ 18,950 and old at a loss of ₹ 4780. Find the selling price.
1. A second hand car was sold for ₹ 190000, at a loss of ₹ 85. Find the CP of the car.
2. Jane sold her genset for ₹ 20000 at a profit of ₹ 1737. Find the CP of genset.
3. Abraham bought a music system for ₹ 6375.00 and spent ₹ 75.00 on its transportation He sold it for ₹
6400.00. Find his profit or loss percent.
4. Joy bought pens at ₹ 120 a dozen. He sold it for ₹ 15 each. What is his profit percent?
5. Simi bought a study table for ₹ 9000. She sold it at a profit of 20%. How much profit did she make? What is
the selling price?
6. Find the selling price if the cost price is ₹ 1200 and loss percent is 25.
7. Marshall bought 20 refills and sold them at ₹ 4 each. If it had cost ₹ 50 for the refills, what was his profit or
loss percent?
8. Mr. Smith buys pencils at ₹ 250 per hundred and sells each at ₹ 1.75. Find his loss or profit.
9. Davis bought a second hand cycle for ₹ 500. He spent ₹ 80 in repairs and ₹ 175 in repainting. He then sold it
to John for ₹ 900. How much did he gain or lose?
10. A fruit vendor bought 600 apples for ₹ 4800. He spent ₹ 400 on transportation. How much should he sell
each to get a profit of ₹ 1000?
11. Tim bought a box of chocolates for ₹ 650 and sold it to Tom at a profit of ₹ 75. Find the selling price.
12. David bought 2 dozen eggs for ₹ 56. Since 6 of them broke, he incurred a loss of ₹ 20 on selling them. What
was the selling price of one egg?

Cost Sale Profit Loss % Profit % Loss

Price Price
2,000 ₹ 2,300
2,000 ₹ 1,700
20,000 ₹ 20,300
20,000 ₹ 17,000
1,500 ₹ 1,625
1,000 50
1,000 15%
1,000 11.37%
1,000 15%
7282 208
572
72
9684 273
676000 18500
7894 306