Profit and Loss: Worksheet 2 - Beginner Practice
Profit and LossBEGINNER
Ready to master Profit and Loss? This entry level practice worksheet (2/10) presents 20 beginner-level challenges. Focus area: pattern recognition. Learn to solve profit and loss reasoning questions, handle profit and loss practice, and perfect profit and loss for competitive exams with our step-by-step solutions.
Understand the logic behind profit and loss practice
Learn step-by-step approaches to pattern recognition
Practice basic problem types with clear explanations
Develop systematic problem-solving habits
Master profit and loss reasoning questions through focused practice
Your progress through Profit and Loss
Worksheet 2 of 10 (11% complete)
Question 1
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 2
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 5
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 9
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 12
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 14
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 15
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 16
Question: What is the cost price of the article?
Statement (1): Selling price is Rs. 1200 with a profit of 20%.
Statement (2): If sold at Rs. 900, the loss would be 10%.
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 18
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 19
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
Question 20
Question: What is the marked price of the article?
Statement (1): After a 10% discount, selling price is Rs. 900.
Statement (2): Profit earned is 20% on cost price of Rs. 750.
Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.
📝 Continue your Profit and Loss practice. Worksheet 2 focuses on pattern recognition.