1.

Find gain or Loss per cent when:

(a) Cost Price = $ 350 and Selling Price = $ 400
(b) Cost Price = $ 250 and Selling Price = $ 235
(c) Cost Price = $ 300 and Profit = $ 75
(b) Cost Price = $ 720 and Loss = $ 63
(e) Selling Price =$ 1518 and Loss = $ 132
(f) Selling price = $ 540 and Gain = $ 60
2. Find cost price when:
(a) Selling Price = $ 795 and Gain % = 6%
(b) Selling Price = $ 980 and Loss % = 12%
(c) Selling Price = $ 66.95 and Gain % = 15.25%
(d) Selling Price = $ 2640 and Loss = $ 196
(e) Selling Price = $ 216 and Loss % = 4%
(f) Selling Price = $ 504 and Gain % = 12%
3. Find selling price when
(a) Cost Price = $ 875 and Gain % = 5%
(b) Cost Price = $ 750 and Loss % = 15%
(c) Cost Price = $ 480 and Gain % = 12 1/2%
(e) Cost Price = $ 675 and Loss % = 92%
(f) Cost Price = $ 1020 and Loss = $ 109
4. Andy purchased 120 pencils at the rate of $2 per pencil. He sold 72 of them at the rate of
$2.5 per pencil and the remaining at the rate of $2 per pencil. Find his profit or loss per cent.
5. Mike sold two horses for $18000 each. On one he gained 20% and on the other he lost 20%.
Find his total gain or loss.
6. A television set was bought for $3900. $200 was spent on transportation and $900 on repair.
It was sold at a loss of 10%. Find the S.P. of television.

7. A bed sheet was sold for $483 thereby gaining 15%. Find the C.P. of the bed sheet.
8. Aaron bought an almirah for $1520 and sold it at a profit of 12 1/2 %. Find the selling price of
the almirah.
9. By selling a camera for $2400, Ron loses 4%. At what price must he sell it to gain 12 %.
10. By selling a stool for $240 a carpenter loses 20%. How much per cent would he gain or lose
by selling it for $360?
11. The selling price of 12 eggs is equal to the cost price of 15 eggs. Find the gain per cent.
12. The cost price of 10 bananas is equal to the S.P. of 12 bananas. Find the loss per cent.
Word Problems on Profit and Loss.
1. Tim bought a box of chocolates for $ 650 and sold it to Tom at a profit of $ 75. Find the
selling price.
2. David bought 2 dozen eggs for $ 56. Since 6 of them broke, he incurred a loss of $ 20 on
selling them. What was the selling price of one egg?
3. A TV was bought for $ 18,950 and old at a loss of $ 4780. Find the selling price.
4. A second hand car was sold for $ 190000, at a loss of $ 85. Find the CP of the car.
5. Jane sold her genset for $ 20000 at a profit of $ 1737. Find the CP of genset.
6. Abraham bought a music system for $ 6375.00 and spent $ 75.00 on its transportation He
sold it for $ 6400.00. Find his profit or loss percent.
7. Joy bought pens at $ 120 a dozen. He sold it for $ 15 each. What is his profit percent?
8. Simi bought a study table for $ 9000. She sold it at a profit of 20%. How much profit did she
make? What is the selling price?
9. Find the selling price if the cost price is $ 1200 and loss percent is 25.
10. Marshall bought 20 refills and sold them at $ 4 each. If it had cost $ 50 for the refills, what
was his profit or loss percent?

11. Mr. Smith buys pencils at $ 250 per hundred and sells each at $ 1.75. Find his loss or profit.
12. Davis bought a second hand cycle for $ 500. He spent $ 80 in repairs and $ 175 in
repainting. He then sold it to John for $ 900. How much did he gain or lose?
13. A fruit vendor bought 600 apples for $ 4800. He spent $ 400 on transportation. How much
should he sell each to get a profit of $ 1000?