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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 8 - Mathematics
2.13 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.
Q 1: By what fraction the cost price should be multiplied to get selling price, if profit is 6%.
53/50
None of these
50/53

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

Q 3: By what fraction the cost price should be multiplied to get selling price, if profit is 15%.
None of these
23/20
19/17
18/21

Q 4: By what fraction the cost price should be multiplied to get selling price, if profit is 10%.
11/10
None of these
10/11
9/7

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

Q 6: By what fraction the cost price should be multiplied to get selling price, if profit is 30%.
None of these
14/11
13/10
10/13

Q 7: By what fraction the cost price should be multiplied to get selling price, if profit is 5%.
21/20
24/21
23/20
None of these

Q 8: By what fraction the cost price should be multiplied to get selling price, if profit is 40%.
9/7
7/6
7/5
5/7

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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