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 Charges

Worksheet on Calculating Discount

Worksheet on Discount Percent

Worksheet on Calculating Discount on Marked Price





6th Grade Math Practice

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.



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.

Share this page: What’s this?

Recent Articles

  1. Estimating Sum and Difference | Reasonable Estimate | Procedure | Math

    May 22, 24 06:21 PM

    The procedure of estimating sum and difference are in the following examples. Example 1: Estimate the sum 5290 + 17986 by estimating the numbers to their nearest (i) hundreds (ii) thousands.

    Read More

  2. Round off to Nearest 1000 |Rounding Numbers to Nearest Thousand| Rules

    May 22, 24 06:14 PM

    Round off to Nearest 1000
    While rounding off to the nearest thousand, if the digit in the hundreds place is between 0 – 4 i.e., < 5, then the hundreds place is replaced by ‘0’. If the digit in the hundreds place is = to or > 5…

    Read More

  3. Round off to Nearest 100 | Rounding Numbers To Nearest Hundred | Rules

    May 22, 24 05:17 PM

    Round off to Nearest 100
    While rounding off to the nearest hundred, if the digit in the tens place is between 0 – 4 i.e. < 5, then the tens place is replaced by ‘0’. If the digit in the units place is equal to or >5, then the…

    Read More

  4. Round off to Nearest 10 |How To Round off to Nearest 10?|Rounding Rule

    May 22, 24 03:49 PM

    Rounding to the Nearest 10
    Round off to nearest 10 is discussed here. Rounding can be done for every place-value of number. To round off a number to the nearest tens, we round off to the nearest multiple of ten. A large number…

    Read More

  5. Rounding Numbers | How do you Round Numbers?|Nearest Hundred, Thousand

    May 22, 24 02:33 PM

    rounding off numbers
    Rounding numbers is required when we deal with large numbers, for example, suppose the population of a district is 5834237, it is difficult to remember the seven digits and their order

    Read More

Profit And Loss

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

Examples on Profit and Loss

Calculate Profit Percent

Calculate Loss Percent

Calculate Profit or Loss Percent

Calculate Profit and Selling Price

Calculate Loss and Selling Price

Overhead Charges

Discount and Discount Percent