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Mathematics

8th Grade

PROFIT AND LOSS
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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formula to find profit % is :

SP−CPSP×100%\frac{SP-CP}{SP}×100\%

SP−CPCP×100%\frac{SP-CP}{CP}×100\%

CP−SPCP×100%\frac{CP-SP}{CP}×100\%

None

2.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

If an article was sold by gaining Rs. 800 for Rs. 2700, at what price it was bought?

(a)  

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ramesh bought a pen drive for Rs. 500 and sold it for Rs. 560. What his profit percent?

12%

10%

8%

15%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shopkeeper sold an article at a loss ot 10%. Had it been sold for Rs.60 more, there would have profit of 10%, what is the cost price of the article?

Rs.500

Rs.400

Rs.300

Rs.200

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The profit percent is found based on...

Profit

Selling Price

Cost Price

Sale Price

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A grocer bought 300 eggs at Rs. 8 each. 25 eggs were broken and he/she sold the remaining eggs at Rs. 9.60 each. Find his/her Profit or Loss Percent.

11%

12%

10%

25%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Shakya purchased a gold item for Rs. 32,400. If the gold is slightly devaluated and he sold it at 5% loss, find the selling price of the item.

Rs. 30,780

Rs. 31,000

Rs. 32,100

Rs. 30,900

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