Profit and Loss Worksheet for Grade 8 contains 14 MCQ questions. Answers to Profit and Loss Worksheet for Grade 8 are available after clicking on the answer. Maths Worksheets for Class 8Â help to check the concept you have learnt from detailed classroom sessions and application of your knowledge.
| Category | Maths Worksheets for Class 8 |
| Subject | Maths |
| Chapter | Profit and Loss |
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 %
Answer
Answer: a. Gain % = 20 %
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 %
Answer
Answer: a. 25 %
Q.3) Find Gain% if C.P = ₹ 1400 and S.P = ₹ 1750 ?
a) Gain% = 25 %
b) Gain% = 30 %
c) Gain% = 41 %
Answer
Answer: a. Gain% = 25 %
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 %
Answer
Answer: a. 20 %
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 %
Answer
Answer: 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 %
Answer
Answer: a. 35 %
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 %
Answer
Answer: a. 15 %
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
Answer
Answer: b. ₹ 7875
Q.9) Rohit bought a microwave for ₹ 114688 including 28 % GST . Find the original price of the microwave ?
a) ₹ 89525
b) ₹ 89000
c) ₹ 89600
Answer
Answer: 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
Answer
Answer: a. ₹ 16536
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
Answer
Answer: a. ₹ 715
Q.12) Find the selling price when the C.P ₹ 23500 and Loss% is 12 % ?
a) ₹ 20680
b) ₹ 20180
c) ₹ 20560
Answer
Answer: a. ₹ 20680
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
Answer
Answer: a. ₹ 1175
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
Answer
Answer: a. ₹ 468
Maths Worksheets for Class 8
- Rational Numbers Class 8 Worksheet
- Playing with numbers Class 8 Worksheet
- Percentage Worksheets Grade 8
- Understanding Quadrilaterals Class 8 Worksheet
- Compound Interest Worksheet for Class 8
- Profit and Loss Worksheet for Grade 8
- Direct and Inverse Proportion Class 8 Worksheets
- Squares and Square Roots Class 8 Worksheet
- Cubes and Cube Roots Worksheets for Class 8
- Factorisation of Algebraic Expressions Worksheet Class 8
- Exponents and Powers Class 8 Worksheets
- Data Handling Class 8 Worksheets
- Linear equations in one variable Class 8 Worksheets