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Grade 8
Profit and Loss
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Choose correct answer(s) from the given choices

(1) A shopkeeper provides two successive discounts of 25% and 20% on selling an article. If the
selling price is ₨120, find the marked price of the article.
a. ₨160 b. ₨220
c. ₨200 d. ₨180

(2) If the cost price of 11 notebooks is equal to the selling price of 12 notebooks, find the loss percent.
a. 8.33% b. 13.33%
c. 10.33% d. 16.33%

(3) A man purchased some pens at 13 for ₨9 and sold them at 15 for ₨15. Thus, he gained ₨100
in all. How many pens did he purchase?
a. 325 b. 3240
c. 425 d. 335

(4) Ridhima buys 138 cupboards from a wholesale market for ₨1932000, and then she sells all of
them at a loss of 11%. At what price did she sell each cupboard at?
a. ₨15540 b. ₨12600
c. ₨12460 d. ₨14700

Fill in the blanks

(5) Neha bought a house for ₨1950000. She spent ₨120000 for renovation of the house when she
bought it. Each year she spends ₨10500 on maintenance of the house. After 3 years, she sells

the house for ₨2316000 . She made a profit of ₨ .

(6) Akshiti bought a bicycle in Washington, where the sales tax rate was 5.3% of the purchase price. If
the purchase price of the bicycle was ₨361 then the sales tax and the total cost of a bicycle was

₨ and ₨ respectively.

Answer the questions

(7) Shyam spent ₨50 on food and ₨90 on non-food products in the supermarket. There's a sales
tax of 10% on non-food products only. How much did Shyam spend in total at the supermarket?

(8) Find the single discount equivalent to three successive discounts of 30%, 10% and 20%.

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(9) A railway company makes the profit of ₨630 on every business class ticket and loses ₨170 on
every economy class ticket. The company sold 4400 tickets of business class and 20000 tickets of
economy class in the month of September. Find the total profit or loss made by the company in
September.

(10) 2000 pens are bought at the rate of ₨20 each. Out of them only 1800 are sold at rate of ₨25 each
and the remaining are left unsold. Find the overall profit/loss percent.

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