Profit and Loss: Worksheet 6 - Intermediate-Advanced Practice Profit and Loss INTERMEDIATE ADVANCED

Ready to master Profit and Loss? This timed practice ⚡ worksheet (6/10) presents 20 intermediate-advanced-level challenges. Focus area: speed building. Learn to solve profit and loss tricks, handle profit and loss shortcut methods, and perfect profit and loss bank exam questions with our step-by-step solutions.

📝 Worksheet 6 of 10 • 20 questions • ⏱️ Estimated time: 20 minutes • 🎯 Intermediate Advanced level

What you'll learn in this worksheet:

Understand the logic behind profit and loss shortcut methods
Learn step-by-step approaches to speed building
Handle multi-step problems systematically
Master complex problem variations and edge cases
Master profit and loss tricks through focused practice

Your progress through Profit and Loss

Worksheet 6 of 10 (55% 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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 3

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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 4

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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 6

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 7

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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 8

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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 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 11

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 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 13

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 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%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 16

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 17

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.

🏆 Halfway champion! 55% through Profit and Loss. Keep the momentum!

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