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CBSE Worksheet for chapter-4 Profit And Loss class 8

Worksheets For class 8

Summary

  • Gain = S.P –C.P, If S.P>C.P
  • Loss = C.P-S.P, If S.P<C.P

Exercise

Q1. The C.P of 21 articles is equal to the S.P of 18 articles. Find the gain or loss percent.

Q2. A vendor bought bananas at 6 for Rs. 10 and sold them for 4 for Rs. 6. Find his gain or loss percent.

Q3. At what percentage above the C.P must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

Q4. The single discount equivalent to the series discount of 20%, 10% and 5%.

Q5. A man bought a horse and a carriage for Rs. 3000. He sold the horse at a gain of 20% and the carriage at a loss of 10%, there by gaining 2% in the whole. Find the cost of the horse.

Q6. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

  1. 50.6%
  2. 5.6%
  3. 4.6%
  4. 6.5%

Q7. A shopkeeper expects a gain of 45/2 % on his cost price. If in a week, his sale was of Rs.392, what was his profit?

  1. Rs. 28
  2. RS. 70
  3. Rs. 72
  4. Rs.88.25

Q8. If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:

  1. 200/3 %
  2. 100/3 %
  3. 50%
  4. 25%

Q9. If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:

  1. 20% loss
  2. 20% gain
  3. 25% loss
  4. 25% gain

Q10. Find a single discount equivalent to the series of two discounts of 15% and 4%

  1. 20%
  2. 21.6%
  3. 25%
  4. 18.4%

Q11. By selling am umbrella for Rs. 300, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the market price. His gain percent during sale is:

  1. 7
  2. 7.5
  3. 8
  4. 9

Q12. Varun got 30% concession on the labeled price of an article and sold it for Rs.8750 with 25% profit on the price he bought. What was the labeled price?

  1. Rs.10, 000
  2. Rs. 12,000
  3. Rs.16, 000
  4. Data inadequate

Q13. A fruit seller losses 10% by selling 26 oranges for Rs. 25. The number of oranges he should sell for Rs. 5 each to gain 17% is:

  1. 4
  2. 5
  3. 6
  4. 8

Q14. If the selling price of 5 articles is same as the cost price of 6 articles then the gain percentage is:

  1. 1%
  2. 5%
  3. 10%
  4. 20%

Q15. A man sells an article at a loss of 10%. If he had bought it at 20% less and sold it for Rs. 44 more, he would have gained 40%. The cost price of the article is:

  1. Rs. 150
  2. Rs.200
  3. Rs. 250
  4. Rs. 400

Solutions

  1. Gain 50/3 %
  2. Loss 10%
  3. 40%
  4. 31.6%
  5. Rs. 1200
  6. 2
  7. 3
  8. 3
  9. 1
  10. 4
  11. 3
  12. 1
  13. 1
  14. 4
  15. 2

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