Profit & Loss

Profit or loss is the difference between selling price (SP) and cost price (CP). Profit and loss percentages are always measured on the cost price.

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Tap an answer. You'll see if it's right, and why. Easy ones come first.

1. Q1Easy

   A cricket bat bought for ₹1,290 is sold for ₹1,170. Find the loss.

   1. A₹240
   2. B₹129
   3. C₹120
   4. D₹130
   Show answer

   Answer: C. ₹120

   💡 Loss = ₹1,290 − ₹1,170 = ₹120.

2. Q2Easy

   A mixer grinder bought for ₹1,810 is sold for ₹1,960. Find the profit.

   1. A₹181
   2. B₹140
   3. C₹150
   4. D₹135
   Show answer

   Answer: C. ₹150

   💡 Profit = ₹1,960 − ₹1,810 = ₹150.

3. Q3Easy

   Tanvi buys a cricket bat for ₹470 and sells it for ₹760. Find the profit.

   1. A₹300
   2. B₹330
   3. C₹290
   4. D₹580
   Show answer

   Answer: C. ₹290

   💡 Profit = ₹760 − ₹470 = ₹290.

4. Q4Medium

   Cost price ₹520, selling price ₹416. Find the loss %.

   1. A15%
   2. B18%
   3. C2%
   4. D20%
   Show answer

   Answer: D. 20%

   💡 Loss = ₹104. Loss % = 104 × 100 ÷ 520 = 20%.

5. Q5Medium

   Cost price ₹680, selling price ₹952. Find the profit %.

   1. A49%
   2. B40%
   3. C45%
   4. D80%
   Show answer

   Answer: B. 40%

   💡 Profit = ₹272. Profit % = 272 × 100 ÷ 680 = 40%.

6. Q6Medium

   Cost price ₹1,160, selling price ₹928. Find the loss %.

   1. A20%
   2. B21%
   3. C25%
   4. D40%
   Show answer

   Answer: A. 20%

   💡 Loss = ₹232. Loss % = 232 × 100 ÷ 1,160 = 20%.

7. Q7Hard

   Sold at a 5% loss. Selling for ₹300 more would give a 5% gain. Find the cost price.

   1. A₹3,200
   2. B₹6,000
   3. C₹3,300
   4. D₹3,000
   Show answer

   Answer: D. ₹3,000

   💡 The ₹300 difference is 5% + 5% = 10% of the cost, so CP = 300 × 100 ÷ 10 = ₹3,000.

8. Q8Hard

   Selling a table lamp for ₹840 gives a 5% gain. Find its cost price.

   1. A₹798
   2. B₹790
   3. C₹800
   4. D₹720
   Show answer

   Answer: C. ₹800

   💡 SP = CP × (100 + 5) ÷ 100, so CP = 840 × 100 ÷ 105 = ₹800.