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 ICSE Worksheet for Chapter  3 Profit Loss and Discount Class 8
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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