Profit and Loss Worksheet for Grade 8

Download Profit and Loss Worksheet for Grade 8

Q.1) 8 Oranges are bought for ₹ 80 and sold 3 oranges for ₹ 36 . Find his gain or loss percent ?
a) Gain % = 20 %
b) Gain % = 30 %
c) Loss % = 15 %

Q.2) A man bought an article for ₹ 2000 and sold it for ₹ 2500 . Find the Gain% earned by him ?
a) 25 %
b) 35 %
c) 15 %




Q.3) Find Gain% if C.P = ₹ 1400 and S.P = ₹ 1750 ?
a) Gain% = 25 %
b) Gain% = 30 %
c) Gain% = 41 %

Q.4) Mohan purchased a T.V for ₹ 33000 . He paid ₹ 2000 as transportation charges . Thereafter, he sold to it Mukesh for ₹ 42000 . Find the gain percentage of Mohan ?
a) 20 %
b) 28 %
c) 15 %

Q.5) If the cost price of an article is ₹ 2200 and selling price of the article is ₹ 2090 . Find the loss% ?
a) 15 %
b) 8 %
c) 5 %

Q.6) If the cost price of an article is ₹ 12000 and selling price of the article is ₹ 7800 . Find the loss% ?
a) 35 %
b) 45 %
c) 38 %

Q.7) Navneet bought a Desingner sofa set costing ₹ 12800 and paid ₹ 1200 transportation charges . Then Navneet Sold it for ₹ 11900 . Find his loss percent ?
a) 15 %
b) 20 %
c) 10 %

Q.8) A radio is purchased for ₹ 6150 . If 18 % discount is allowed on its marked price and it still results in a gain of 5 % , find the marked price of the radio ?
a) ₹ 7675
b) ₹ 7875
c) ₹ 7975

Q.9) Rohit bought a microwave for ₹ 114688 including 28 % GST . Find the original price of the microwave ?
a) ₹ 89525
b) ₹ 89000
c) ₹ 89600

Q.10) If the price of a refrigerator is ₹ 15600 , and 6 % sales tax charged on such cost , find the total money charged from the customer for sale of refrigerator ?
a) ₹ 16536
b) ₹ 16636
c) ₹ 15536




Q.11) If the price of an umbrella is ₹ 650 , and 10 % sales tax charged on such cost , find the total money charged from the customer for sale of umbrella ?
a) ₹ 715
b) ₹ 515
c) ₹ 699

Q.12) Find the selling price when the C.P ₹ 23500 and Loss% is 12 % ?
a) ₹ 20680
b) ₹ 20180
c) ₹ 20560

Q.13) If the marked price of an article is ₹ 1250 and 6 % discount is allowed on its sales , find the selling price of the article ?
a) ₹ 1175
b) ₹ 1225
c) ₹ 1075

Q.14) If we sell a shirt for ₹ 405 , 10 % is lost . At what price must it be sold to gain 4 % ?
a) ₹ 468
b) ₹ 474
c) ₹ 458

Profit and Loss Worksheet for Grade 8 – Correct Answers –

Q.1) a. Gain % = 20 %
Q.2) a. 25 %
Q.3) a. Gain% = 25 %
Q.4) a. 20 %
Q.5) c. 5 %
Q.6) a. 35 %
Q.7) a. 15 %
Q.8) b. ₹ 7875
Q.9) c. ₹ 89600
Q.10) a. ₹ 16536
Q.11) a. ₹ 715
Q.12) a. ₹ 20680
Q.13) a. ₹ 1175
Q.14) a. ₹ 468

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