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### Grade 8 - Mathematics2.4 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.

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### Grade 8 - Mathematics2.4 Profit and Loss Word Problems

 Q 1: By what fraction the cost price should be multiplied to get selling price, if profit is 50%.4/3None of these3/25/2 Q 2: By what fraction the cost price should be multiplied to get selling price, if profit is 6%.50/53None of these53/50 Q 3: By what fraction the cost price should be multiplied to get selling price, if profit is 30%.13/1010/13None of these14/11 Q 4: By what fraction the cost price should be multiplied to get selling price, if profit is 5%.23/20None of these21/2024/21 Q 5: By what fraction the cost price should be multiplied to get selling price, if profit is 25%.None of these13/115/44/5 Q 6: By what fraction the cost price should be multiplied to get selling price, if profit is 4%.26/25None of these25/2624/25 Q 7: By what fraction the cost price should be multiplied to get selling price, if profit is 10%.9/7None of these10/1111/10 Q 8: By what fraction the cost price should be multiplied to get selling price, if profit is 40%.5/79/77/67/5 Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!