ICSE Worksheet for Chapter  3 Profit Loss and Discount Class 8
Worksheets For class 8
Find ICSE Worksheet for chapter3 Profit Loss and Discount class 8
 CLASS8
 BOARD: ICSE
 Mathematic Worksheet  3
 TOPIC: Profit Loss and Discount

For other ICSE Worksheet for class 8 Mathematic check out main page of Physics Wallah.
SUMMARY
Definition
 Cost price (C.P): The amount for which an article is bought is called its cost price, abbreviated to CP.
 Selling Price (S.P): The amount for which an article is sold is called its selling price, abbreviated as SP.
 Gain: When S.P>C.P, then there is a gain. Gain=S.P –C.P
 Loss: When S.P<C.P, then there is a loss. Loss=C.PS.P
Some important Formulae:
EXERCISE:
 If the selling price of 20 articles is the same as the cost price of 23 articles, find the profit or loss percent in the transaction.
 A man buys an article and sells it at a profit of 20%. If he would buy it at 20% less and sell it for Rs.75 less, he would have gained 25%. What is the cost price of the article?
 The marked price of a woolen coat is Rs.2000. It is sold at a discount of 15%. The shopkeeper has allowed a further discount of 5% due to off season. Find the selling price of the coat.
 Find a single discount equivalent to the discount series 25%, 20% and 10%.

A shopkeeper sells 25 articles at Rs.45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is:
 60%
 182/3 %
 66%
 190/3 %

The C.P of 21 articles is equal to S.P of 18 articles. Find the gain or loss percent.
 16%
 8%
 10%
 12%

If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:
 20%gain
 20%loss
 25%loss
 25% gain

A trader mixes three varieties of groundnuts costing Rs50, Rs20 and Rs30 per kg in the ratio 2:4:3 in terms of weight, and sells the mixture at Rs33 per kg. What % of profit does he make?
 8%
 9%
 10%
 None of these

Garima purchased a briefcase with an additional 10% discount on the reduced price after deducting 20% on the labeled price. If the labeled price was Rs. 1400, at what price did she purchase the briefcase?
 Rs. 980
 Rs. 1008
 Rs.1056
 Rs. 1120

A shopkeeper sells a badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His C.P per racket is:
 Rs. 19.75
 Rs. 20
 Rs. 21
 Rs. 21.25
Solutions: to worksheet3 Topic Profit Loss and Discount
 Profit 15%
 Rs.375
 Rs.1615
 46%
 (d)
 (a)
 (b)
 (c)
 (b)
 (b)
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