kwizNET Subscribers, please login to turn off the Ads!
Email us to get an instant 20% discount on highly effective K-12 Math & English kwizNET Programs!

Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 8 - Mathematics
2.2 Gain or Loss Percent Word Problems



Directions: Solve the following problems. Also write at least 5 examples of your own.
Q 1: Matt purchased a book for $96 and sold it to Jacob at a profit of 8 1/3%. If Jacob sold it at loss of 5%, what is Jacob's selling price?
$95.6
$96.56
$98.82
$93.82

Q 2: George bought a house for $70,500 and a site for $16,500. He sold the house at a gain of 12% and the site at a loss of 20%. Find his gain or loss percent on the whole.
5.93% Loss
5.93% Profit
5.5% Loss
5.5% Profit

Q 3: By selling note books at the rate of $6 each a trader gained 20%. Find the cost of 100 note books.
$500
$530
$400
$450

Q 4: A mechanic sells two bikes each at $10,976 gains 12% on the first and loses 2% on the second. Find his gain or loss percent on the whole.
4.53% Profit
3.56% Profit
3.56% Profit
4.53% Loss

Q 5: Harry purchased some fruits and sold 1/2 of them at gain of 60% and 1/4 of them at a gain of 20%, the rest are spoiled. Find his gain or loss percent on the whole.
10% Loss
10% Profit
11% Profit
11% Loss

Q 6: Matt sells two cars at $1188 each and gains 10% on the first and loses 10% on the second. Find his profit or loss percent on the whole.
1% Loss
2% Loss
1% Profit
2% Profit

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!


Subscription to kwizNET Learning System offers the following benefits:

  • Unrestricted access to grade appropriate lessons, quizzes, & printable worksheets
  • Instant scoring of online quizzes
  • Progress tracking and award certificates to keep your student motivated
  • Unlimited practice with auto-generated 'WIZ MATH' quizzes
  • Child-friendly website with no advertisements
  • Choice of Math, English, Science, & Social Studies Curriculums
  • Excellent value for K-12 and ACT, SAT, & TOEFL Test Preparation
  • Get discount offers by sending an email to discounts@kwiznet.com

Quiz Timer