Worksheet on Calculating Profit or Loss
Practice the questions given in the worksheet on calculating profit or loss.
We know if the selling price of an article is more than its cost price; it is sold at a profit or gain and if the selling price of an article is less than its cost price; it is sold at a loss.
1. A man buys a laptop for $540 and sells it for $615. Find his loss or profit.
2. Find the loss or profit when an almirah bought for $235.50 is sold for $187.25.
3. Five books are bought for $62 and sold for $13.60 each. Find the profit made.
4. An article bought for $56 is sold at a gain of $8.50. Find its selling price.
5. Find the selling price of an article which is bought for $540 and sold at a loss of $68.50.
6. Find the cost price of an article, if on selling it for $1235 a gain of $347 is made.
7. On selling a bed-set for $3540; the manufacturer makes a loss of $435. How much did it cost to the manufacturer?
8. Chocolates bought at 5 for $6 are sold at 2 for $3, find:
(i) the cost price of each chocolate
(ii) the selling price of each chocolate
(iii) the profit or loss made on selling one chocolate
(iv) how much is gained or lost by selling 50 similar chocolates
9. A man buys 300 articles at 4 for $6 and sold all of them at $2 each; find:
(i) the profit made by the man on selling one article
(ii) his total profit on selling all the 300 articles
10. Ron sells pens at 5 for $4. If he has bought 250 pens at one dollar each; find:
(i) the selling price of each pen
(ii) the loss suffered by him by selling one pen
(iii) the total loss made on selling all the pens
11. Pulses are bought at 4 kg for $28 and sold at 3 kg for $27; find:
(i) the cost price of 1 kg pulses
(ii) the selling price of 1 kg pulses
(iii) the gain or loss made by selling 1 kg pulses
(iv) the gain or loss made by selling 80 kg pulses
12. David buys three articles for $375, $580 and $428. He is able to sell these articles for $436, $635 and $350 respectively. Find the gain or loss to David on the whole.
13. Jack buys an old camera for $1250 and spends $350 on its repairs.
(i) find the total cost price of the camera to Jack.
(ii) find the profit or the loss made, if Jack is able to sell the repaired camera for $1540.
14. An old car is brought for $7800 and $1850 is spent on its repairing, denting, painting, etc.; find:
(i) the total cost-price of the car
(ii) if repaired car is sold for $10500; find the loss or the gain made.
Answers for the worksheet on calculating profit or loss are given below to check the exact answers of the above questions on profit and loss when the cost price and selling price is given.
Answers:
1. profit = $75
2. loss = $48.25
3. $6
4. $64.50
5. $471.50
6. $888
7. $3975
8. (i) $1.20
(ii) $1.50
(iii) $50
11. (i) $7
(ii) $9
(iii) gain = $2
(iv) $160
12. gain = $38
13. (i) $1600
(ii) Loss = $60
14. (i) $9650
(ii) gain = $850
● Profit And Loss - Worksheets
Worksheet on Calculating Profit or Loss
Worksheet on Calculating Cost Price
Worksheet on Calculating Selling Price
Worksheet on Cost Price and Selling Price
Worksheet on Calculating Profit or Loss Percent
Worksheet on Profit or Loss Percent
Worksheet on Calculating Overhead ChargesWorksheet on Calculating Discount
Worksheet on Calculating Discount on Marked Price
Math Home Work Sheets
From Worksheet on Calculating Profit or Loss to HOME PAGE
Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.
Recent Articles
-
2nd grade math Worksheets | Free Math Worksheets | By Grade and Topic
Nov 20, 24 01:00 PM
2nd grade math worksheets is carefully planned and thoughtfully presented on mathematics for the students. -
2nd Grade Measurement Worksheet | Measuring Length, Mass and Volume
Nov 20, 24 12:50 AM
In 2nd Grade Measurement Worksheet you will get different types of questions on measurement of length, measurement of weight (mass), measurement of capacity (volume), addition of length, addition of w… -
2nd Grade Fractions Worksheet | Basic Concept of Fractions | Answers
Nov 20, 24 12:16 AM
In 2nd Grade Fractions Worksheet we will solve different types of problems on fractions, one-whole, one-half, one-third, one-fourth, three-fourth or s quarter. In a fraction, it is important that the… -
2nd Grade Math Practice | Second Grade Math |2nd Grade Math Worksheets
Nov 18, 24 02:23 PM
In 2nd grade math practice you will get all types of examples on different topics along with the solutions. Second grade math games are arranged in such a way that students can learn math -
Worksheet on Addition of Length | Word Problems on Addition of Length
Nov 17, 24 10:29 PM
Practice the third grade math worksheet on addition of length. This sheet provides different types of questions where you need to arrange the values of length under different columns to find their sum
To find Profit or Loss when Cost Price and Selling Price are Given
To find Selling Price when Cost Price and Profit or Loss are Given
To find Cost Price when Selling Price and Profit or Loss are Given
Calculate Profit or Loss Percent
Calculate Profit and Selling Price
Calculate Loss and Selling Price
New! Comments
Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.