Profit and Loss Puzzles
1. A shopkeeper buys a book for ₹50 and sells it for ₹60. What is his profit?
Hint: Profit = SP - CP
Answer: Profit = ₹60 - ₹50 = ₹10
2. A toy is bought for ₹120 and sold for ₹100. What is the loss?
Hint: Loss = CP - SP
Answer: Loss = ₹120 - ₹100 = ₹20
3. A fruit seller sells an orange for ₹40 that costs him ₹30. Find the profit percentage.
Hint: Profit % = (Profit ÷ CP) × 100
Answer: Profit % = ((₹40 - ₹30)/₹30) × 100 = 33.33%
4. A pen is bought for ₹25 and sold for ₹30. What is the profit percentage?
Hint: Profit % = (Profit ÷ CP) × 100
Answer: Profit % = ((₹30 - ₹25)/₹25) × 100 = 20%
5. A man buys a chair for ₹800 and sells it for ₹1000. What is his profit percentage?
Hint: Profit % = (Profit ÷ CP) × 100
Answer: Profit % = ((₹1000 - ₹800)/₹800) × 100 = 25%
6. A TV is bought for ₹25,000 and sold for ₹20,000. What is the loss percentage?
Hint: Loss % = (Loss ÷ CP) × 100
Answer: Loss % = ((₹25,000 - ₹20,000)/₹25,000) × 100 = 20%
7. A table costs ₹500 and is sold at a loss of ₹50. What is the selling price?
Hint: SP = CP - Loss
Answer: SP = ₹500 - ₹50 = ₹450
8. A cycle is bought for ₹3,500 and sold at a profit of ₹700. What is the selling price?
Hint: SP = CP + Profit
Answer: SP = ₹3,500 + ₹700 = ₹4,200
9. A seller makes a profit of ₹90 on a watch sold for ₹450. Find the cost price.
Hint: CP = SP - Profit
Answer: CP = ₹450 - ₹90 = ₹360
10. A shirt costs ₹600 and is sold for ₹750. What is the profit percentage?
Hint: Profit % = (Profit ÷ CP) × 100
Answer: Profit % = ((₹750 - ₹600)/₹600) × 100 = 25%