Class 8: Chapter 14 - Profit & Loss -

Execise-14B
Q. 1 Find the selling price when:
i. C.P. = Rs. 7640 Gain=15%
15
𝑆. 𝑃. = (1 + ) × 7640 = 8786 𝑅𝑠.
100
ii. C.P. = Rs.4850, Loss=12%
12
𝑆. 𝑃. = (1 − ) × 4850 = 4268 𝑅𝑠.
100
3
iii. C.P. = Rs.720, Loss=8 %%
4
3
8
𝑆. 𝑃. = (1 − 4 ) × 720 = 657 𝑅𝑠.
100

2
iv. C.P. = Rs.2652, Gain=16 %%
3
2
16
𝑆. 𝑃. = (1 + 3) × 2652 = 3094 𝑅𝑠.
100

Q.2 Find the Cost Price, When;

i. S.P. = Rs.207, Gain 15%

100
𝐶. 𝑃. = ( ) × 207 = 180 𝑅𝑠.
100 + 15
ii. S.P. = Rs.448.20, Loss 17%
100
𝐶. 𝑃. = ( ) × 448.20 = 540 𝑅𝑠.
100 − 17
1
iii. S.P. = Rs.1479, Gain 6 %%
4

100
𝐶. 𝑃. = ( ) × 1479 = 1392 𝑅𝑠.
1
100 + 6
4
iv. S.P. = Rs.611.80, Loss 8%

For more information please go to: https://icsemath.com/

 100
𝐶. 𝑃. = ( ) × 611.80 = 665 𝑅𝑠.
100 − 8

Q.3 A Sells a cycle to B at a Profit of 20% and B Sells it to C at a Profit of 5%. If C pays
Rs.3780, What did A Pay for it?
Answer:
Let C.P. of A = x
Then, S.P. of A = C.P. of B = 1.2 x
S.P. of B = (1.2x) × (1.05) =1.26x
Therefore
1.26 x = 3780
x = 3000
Hence A Paid Rs. 3000 for the cycle.

Q.4 A Sold a watch to B at 12% gain and B had to sell if it Manu at a loss of 5%. If C Paid Rs.
5320 then how much did A Pay?
Answer:
Let C.P. of A = x
C.P. of B =1.12x
Then, S.P. of A = C.P. of B = 1.2 x
S.P. of B = (1.12x)× (0.95) =1.064x
Therefore
1.064 x = 5320
x = 5000
Hence A Paid Rs.5000 for the Watch

Q.5 A Grocer Purchase 80 kg of Rice at Rs.27/Kg and mixed it with 120 kg of rice purchased at
Rs. 32/kg. At what rate per kg should he sell the mixture to gain 16%?
Answer:
Let Total C.P. = 80×27 + 120×32 = 6000
100+16
For 16% gain Total S.P. = ( ) × 6000 = 6960
100

Total Quantity = 80 + 120 = 200 kg

6960
Hence S.P. per kg = = 34.8 𝑅𝑠./𝑘𝑔
200

For more information please go to: https://icsemath.com/

 Q.6 A Bought two bags for Rs. 1150 each. A the sold one of them at a gain of 6% and the other
at a loss of 2%. How much did A Gain?
Answer:
Total C.P. = 1150 x 2 = 2300 Rs.
100 + 6 100 − 2
𝑇𝑜𝑡𝑎𝑙 𝑆. 𝑃. = ( ) × 1150 + ( ) × 1150
100 100
= 1219 + 1127 = 2346 Rs.
2346−2300
Gain % = ( ) × 100 = 2%
2300

Q.7 A trader purchased a wall clock and a watch for a sum of Rs.5070. He sold them making a
profit of 10% on the wall clock and 15% on the watch he earns Rs.699.50. Find the cost price of
the wall clock and that of the watch.
Answer:
Let the C.P. of wall clock = x
Let the C.P. of Watch = y
Therefore
x + y = 5070
Also 1.1x + 1.15y = 5070 + 669.5
= 5739.5
Solving for x and y we get
x =1820 Rs. & y = 3250 Rs.
Hence Cost of Wall Clock=1820 Rs. and Cost of Watch = 3250 Rs.

Q.8 Toffees are bought at 15 for Rs.20. How many toffees would be sold for Rs.20 so as to gain
25%?
Answer:
C.P. of 15 Toffees = Rs.20
20
Therefore, C.P. of 1 Toffee = Rs.
15
20 25
For 25% gain, S.P. of 1 Toffee = × 1.25 = 𝑅𝑠.
15 15

Therefore number of toffees that you can sell in 20 Rs

20 20×15
= = = 12 𝑇𝑜𝑓𝑓𝑒𝑒𝑠
25/15 25

Q.9 Two-thirds of a consignment was sold at a profit of 5% and the remaining at a loss of 2%. If
the total profit was Rs.4000, Find the value at which the consignment was purchase?
Answer:

For more information please go to: https://icsemath.com/

 Let the C.P. of Consignment = x
Therefore
2 1
𝑥 × 1.05 + 𝑥 × 0.98 = 𝑥 + 4000
3 3
70 98
𝑥+ 𝑥 = 𝑥 + 4000
100 300
8
𝑥 = 4000 𝑜𝑟 𝑥 = 150000 𝑅𝑠
300
Q.10 A Grocer bought sugar worth Rs. 4500. He sold 1/3 of it at 10% Gain. At what gain % the
remaining sugar be sold to have a 12% gain on the whole?
Answer:
C.P. of sugar = 4500 Rs.
Let the Gain % of on the remaining sugar = x %
Therefore
1 2 𝑥
× 4500 × 1.1 + × 4500 × (1 + ) = 4500 × 1.12
3 3 100
1 2 𝑥
× 4500 × 1.1 + × 4500 × (1 + ) = 4500 × 1.12
3 3 100
1650 + 3000 + 30𝑥 = 5040 𝑜𝑟 𝑥 = 13%

Q.11 A Man buys a piece of land for Rs.38400. He sells 2/5 of at a loss of 6%. At what Gain %,
the remaining piece of land be sold to gain 10% on the whole?
Answer:
C.P. of land = 38400 Rs.
2/5 the of land sold at a loss of 6%
Let’s the remainder be sold at x % gain
Therefore
2 3 𝑥
× 38400 × 0.94 + × 38400 × (1 + ) = 38400 × 1.1
5 5 100
14438.4 + 23040(1 + 0.01𝑥) = 42240
2
Solving for x we get x =20 %
3

Q.12 By Selling a car for Rs.10416, a man gain 12%. What will be his gain or loss percent if it is
sold for Rs.9114.
Answer:
Let the cost of the car = x
Therefore,
4

For more information please go to: https://icsemath.com/

 12
(1 + ) 𝑥 = 10416 𝑜𝑟 𝑥 = 9300 𝑅𝑠.
100
x = 9300Rs.
If S.P = Rs.9114
9300 − 9114
𝐿𝑜𝑠𝑠 % = ( ) × 100 = 2%
9300

Q.13 A Chair sold for Rs.2142 at a Gain at 5% At what price should it be sold to gain 10%
Answer:
Let The C.P. of chair = x
5
Then, (1 + ) 𝑥 = 2142 𝑜𝑟 𝑥 = 2040 𝑅𝑠.
100

For 10% Gain

10
𝑆. 𝑃. = (1 + ) × 2040 = 2244 𝑅𝑠.
100

Q.14 A television is sold for Rs. 9360 at a loss of 4%. For how much it should have been sold be
gain 4%?
Answer:
Let the C.P. of Television = x
Therefore,
4
(1 − ) 𝑥 = 9360 𝑜𝑟 𝑥 = 9750 𝑅𝑠
100
To gain 4%,
4
𝑆. 𝑃. = (1 + ) × 9750 = 10140 𝑅𝑠.
100

Q.15 A shop keeper sold two fans at Rs. 1980 each. On one he gained 10%, while other he cost
10%. Calculate the gain or loan percent on whole transaction?
Answer:
Let C.P. of 1st fan = x Rs.
Let C.P. of 2nd fan= y Rs.
Therefore,
10
(1 + ) 𝑥 = 1980 𝑜𝑟 𝑥 = 1800
100
Similarly
10
(1 − ) 𝑦 = 1980 𝑜𝑟 𝑦 = 2200
100

For more information please go to: https://icsemath.com/

 Hence, Total C.P. = 1800 + 2200 = 4000 Rs.
Total S.P. = 2×1980 = 3960 Rs.
4000 − 3960
𝐿𝑜𝑠𝑠 % = ( ) × 100 = 1%
4000

Q.16 Shanti sold two cameras for Rs. 6555 each. On one she lost 5%, while on the other she
gained 15%. Find the gain or loss percentage in whole transaction.
Answer:
Let, C.P. of 1st Camera = x
Let C.P. of 2nd Camera = y
Therefore,
5
(1 − ) 𝑥 = 6555 𝑜𝑟 𝑥 = 6900
100
Similarly
15
(1 + ) 𝑦 = 6555 𝑜𝑟 𝑦 = 5700
100
Total C.P. = 6900 + 5700 = 12600 Rs.
Total S.P. = 2×6555 = 13110 Rs.
13110 − 12600 1
𝐺𝑎𝑖𝑛 % = ( ) × 100 = 4 %
12600 21

Q.17 By selling 45 lemons for Rs. 40, a man loses 20% how many should he sell for Rs. 24 to
gain 20% on the transaction.
Answer:
Let C.P. of a lemon = x Rs.
40
S.P. of one Lemon = 𝑅𝑠.
45

Therefore
20 40 10
(1 − )𝑥 = 𝑜𝑟 𝑥 = 𝑅𝑠.
100 50 9
To gain 20% on the transaction,
20 10 4
𝑆. 𝑃. 𝑜𝑓 𝑜𝑛𝑒 𝐿𝑒𝑚𝑜𝑛 = (1 + )× = 𝑅𝑠
100 9 3
24
Need to be sold for 24Rs. = = 18 𝐿𝑒𝑚𝑜𝑛𝑠
4/3

For more information please go to: https://icsemath.com/

 Q.18 A sold a pressure cooker at a loss of 8%. Had she bought it at 10% less and sold for Rs.176
more, she would have gained 20%. Find the cost price of the pressure cooker.
Answer:
Let the cost of pressure cooker = x
S.P. = 0.92x
New C.P. = 0.9x
New S.P. = 0.92x + 176
Therefore Gain %
0.92𝑥 + 176 − 0.9𝑥 20
=
0.9𝑥 100
0.2𝑥 + 176 20
=
0.9𝑥 100
2𝑥 + 17600 = 8𝑥 𝑜𝑟 𝑥 = 1100 𝑅𝑠.
Cost of the cooker = 1100 Rs.
Q.19 A Man sold a toaster at a profit of 10%. Had he purchased of for 5% less and sold it for
56Rs. more, he would have gained 25%. How much did he buy for?
Answer
Let, C.P. of Toaster = x
S.P. of Toaster = 1.1x
New C.P. = 0.95x
New S.P. 1.1x + 56
Gain = 25%
Therefore:
1.1𝑥 + 56 − 0.95𝑥 25
=
0.95𝑥 100
0.15𝑥 + 56 25
=
0.95𝑥 100
15𝑥 + 5600 = 23.75𝑥 𝑜𝑟 𝑥 = 640 𝑅𝑠.
The man bought the toaster for Rs.640

1
Q.20 A shopkeeper sells each of his goods at a gain of 22 %. If on any day, his total sell was
2
Rs. 9408, what was?
i. The total cost of all goods sold on that day
ii. His profit of that day
Answer
i. Let the total C.P. of goods = x

For more information please go to: https://icsemath.com/

 Therefore,
22.5
(1 + ) 𝑥 = 9408 𝑜𝑟 𝑥 = 7680 𝑅𝑠.
100

ii. Profit for day = 9408-7680 =1728 Rs.

For more information please go to: https://icsemath.com/