Profit and Loss

Profit and Loss

8th Grade

20 Qs

quiz-placeholder

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10. COMPARING QUANTITIES

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Profit and Loss

Profit and Loss

Assessment

Quiz

Mathematics

8th Grade

Hard

CCSS
7.RP.A.3, 7.RP.A.2, 7.EE.B.3

+4

Standards-aligned

Created by

Neelima Hb

Used 194+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the gain or loss per cent when:

C P = Rs 345 and S P = Rs 372.60

G% = 4%

G% = 8%

L% = 4%

L% = 8%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain percent.

100/9 %

110/9 %

111/9 %

99/9 %

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the cost price when:

SP = Rs 657.60 and loss% = 4%

C P = Rs. 657

C P = Rs. 685

C P = Rs. 678

C P = Rs. 675

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percentage.

110/9 %

101/9 %

100/9 %

901/9 %

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Coffee costing Rs 250 per kg was mixed with chicory costing Rs 75 per kg in the ratio 5 : 2 for a certain blend. If the mixture was sold at Rs 230 per kg, find the gain or loss per cent.

L% = 3 %

G% = 14 %

L% = 12 %

G% = 15 %

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A dealer buys a wrist watch for Rs. 225 and spends Rs.15 on its repairs. If he sells the same for Rs.300, find his profit percentage.

20 %

25 %

30 %

55 %

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If the selling price of 10 pens is equal to cost price of 14 pens, find the gain percent?

20 %

30 %

40 %

50 %

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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