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Date:___________________

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Grade 8 - Mathematics
2.4 Profit and Loss Word Problems

Example:
By what fraction the cost price should be multiplied to get selling price, if profit is 20%.

Solution:
Formula : S.P = C.P*(100+g)/100
Where S.P = selling price, C.P = cost price and g = gain.
The fraction is (100+g)/100
(100+20)/100 = 120/100 = 6/5
Therefore, the fraction is 6/5.


Directions: Solve the following questions. Also write at least 5 examples of your own.

Name: ___________________

Date:___________________

Grade 8 - Mathematics
2.4 Profit and Loss Word Problems

Q 1: By what fraction the cost price should be multiplied to get selling price, if profit is 15%.
None of these
19/17
18/21
23/20

Q 2: By what fraction the cost price should be multiplied to get selling price, if profit is 5%.
23/20
24/21
21/20
None of these

Q 3: By what fraction the cost price should be multiplied to get selling price, if profit is 7%.
None of these
100/107
107/100

Q 4: By what fraction the cost price should be multiplied to get selling price, if profit is 25%.
4/5
None of these
13/11
5/4

Q 5: By what fraction the cost price should be multiplied to get selling price, if profit is 30%.
10/13
13/10
None of these
14/11

Q 6: By what fraction the cost price should be multiplied to get selling price, if profit is 50%.
3/2
4/3
5/2
None of these

Q 7: By what fraction the cost price should be multiplied to get selling price, if profit is 40%.
7/6
7/5
5/7
9/7

Q 8: By what fraction the cost price should be multiplied to get selling price, if profit is 4%.
26/25
25/26
None of these
24/25

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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