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In word problems on profit and loss worksheet you will get different types of problems on cost price and selling price, profit and loss, calculating profit o loss, calculating selling price and cost price, calculating profit or loss percent.
Solve the following Word Problems on Profit and Loss:
1. Mr. Christopher sold his car for $ 45,700 and earned a profit of $ 2570. What was the cost price of the car?
2. Nairitee bought a old car for $2350. She sold it to Nitheeya at the loss of $415. What is the selling price of the car?
3. Jennifer bought a music system for $1800. She sold it to Jessica for $2125. Calculate her profit or loss.
4. Samuel bought 1050 dozens of eggs for $880. He earned a profit of $180 by selling them. What is the selling price?
5. Alexander sold his motor-cycle for $26043 and suffered a loss of $2800. What is the cost price of the motor-cycle?
6. Nairitee bought a sewing machine for $3600. She sold it to Nitheeya and earned a profit of $525. What is the selling price of the sewing machine?
7. 15 trays of eggs each containing 30 eggs were bought for $736. Out of them 30 eggs were rotten. The remaining eggs were sold at the rate of $2 per egg. Calculate the profit or loss.
8. Ashley purchased 75 m of cloth for $13550. She sold it at the rate of $195 per metre. What profit did she earn?
9. Ronald sold 430 kg of rice at the rate of $11 per kg. If the cost price of the rice is $9 per kg, find the total profit or loss.
10. Alexander bought 32 dozens of oranges for $600 and sold them at the rate of $22 per dozen. Find the profit or loss.
11. Christina bought a Necklace for $4320. She sold it to Gloria for $4405. Calculate the profit she earned.
12. Aaron sold his luxury apartment for $458695 and earned a profit of $112300. What was the cost price of the luxury apartment?
13. Ronald bought 52 toys for $5054. He sold the toys at the rate of $85 per toy. Calculate his profit or loss.
14. Ashley sold her laptop for $12863 and suffered a loss of $3510. What was its cost price?
1. $43130
2. $1935
3. Profit $325
4. $1060
5. $23243
6. $4125
7. Profit $104
8. $1075
9. Profit $860
10. Profit $104
11. $85
12. $346395
13. Loss $634
14. $16373
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