INR Profit & Loss: Real-Life ScenariosOnline version Real-life P&L problems in INR. by Arnab Biswas 1 A shop buys an item for ₹1200 and sells for ₹1500. What is the profit? a ₹300 b ₹400 c ₹200 d ₹600 2 An item costs ₹800 and is sold for ₹600. What is the loss? a ₹300 b ₹200 c ₹100 d ₹400 3 An item costs ₹3500; sold in two batches for ₹2000 and ₹2100. What is total profit? a ₹1000 b ₹1500 c ₹600 d ₹100 4 A retailer buys 5 gadgets at ₹900 each and sells all at ₹1000 each. What is total profit? a ₹1000 b ₹500 c ₹50 d ₹150 5 A vendor buys a sari for ₹1500 and resells at ₹1800. What is the profit? a ₹100 b ₹300 c ₹1500 d ₹500 6 Cost price ₹2200, selling price ₹1800. What is the loss? a ₹600 b ₹400 c ₹800 d ₹200 7 Two items: cost ₹1200 each; sell each for ₹1700. Total profit? a ₹1500 b ₹1000 c ₹2000 d ₹500 8 Wholesale buy ₹750, sell ₹1250. What is the profit? a ₹750 b ₹500 c ₹1000 d ₹250 9 An item costing ₹990 and sold for ₹1200. Profit? a ₹220 b ₹120 c ₹300 d ₹210 10 Shop buys 3 items each ₹450; sells total ₹1800. Profit? a ₹150 b ₹450 c ₹900 d ₹1000