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Home › Grade8 › OLYMPIAD › Math Olympiad-Grade-8 › Profit & Loss › Profit & Loss Worksheet-9

Profit & Loss Worksheet-9

Profit & Loss Worksheet-9

 

  1. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

(a) 15                  (b) 16                  (c) 18                  (d) 25

 

  1. On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:

(a) 15%               (b)           (c)            (d) 20%

 

  1. A man sold 18 cots for Rs. 16,800, gaining thereby the cost price of 3 cots. The cost price of a cot is:

(a) Rs. 650        (b) Rs. 700        (c) Rs. 750         (d) Rs. 800

 

  1. If on selling 12 notebooks, a seller makes a profit equal to the selling price of 4 notebooks, what is his percent profit?

(a)               (b) 25                  (c) 50                  (d) Data inadequate

(e) None of these

 

  1. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

(a) Rs. 45           (b) Rs. 50          (c) Rs. 55           (d) Rs. 60

 

  1. A vendor loses the selling price of 4 oranges on selling 36 oranges. His loss percent is:

(a) 10%               (b)            (c)            (d) None of these

 

  1. A man buys 2 dozen bananas at Rs. 16 per dozen. After selling 18 bananas at the rate of Rs. 12 per dozen, the shopkeeper reduced the rate to Rs. 4 per dozen. The percent loss is:

(a) 25.2%           (b) 32.4%          (c) 36.5%           (d) 37.5%

 

  1. A man bought apples at the rate of 8 for Rs. 34 and sold them at the rate of 12 for Rs. 57. How many apples should be sold to earn a net profit of Rs. 45?

(a) 90                 (b) 100               (c) 135                (d) 150

 

  1. Oranges are bought at the rate of 10 for Rs. 25 and sold at the rate of 9 for Rs. 25. The profit is:

(a)            (b) 10%              (c)            (d)

 

  1. Some articles were bought at 6 for Rs. 5 and sold at 5 for Rs. 6. Gain percent is:

(a) 30%              (b)           (c) 35%               (d) 44%

 

  1. A man bought some fruits at the rate of 16 for Rs. 24 and sold them at the rate of 8 for Rs. 18. What is the profit percent?

(a) 25%              (b) 40%              (c) 50%              (d) 60%

(e) None of these

 

  1. A man purchased a box full of pencils at the rate of 7 for Rs. 9 and sold all of them at the rate of 8 for Rs. 11. In this transaction, he gained Rs. 10. How many pencils did the box contain?

(a) 100               (b) 112                (c) 114                 (d) 115

 

  1. A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20%?

(a) Rs. 4             (b) Rs. 5             (c) Rs. 6             (d) Rs. 7

 

  1. A man buys eggs at 2 for Re. 1 and an equal number at 3 for Rs 2 and sells the whole at 5 for Rs. 3. His gain or loss percent is:

(a) loss    (b) gain    (c) loss     (d) gain

 

  1. A man bought some oranges at Rs. 10 per dozen and bought the same number of oranges at Rs. 8 per dozen. He sold these oranges at Rs. 11 per dozen and gained Rs. 120. The total number of oranges bought by him was:

(a) 30 dozens    (b) 40 dozens    (c) 50 dozens    (d) 60 dozens

 

Answer Key:

(1)-b; (2)-c; (3)-d; (4)-c; (5)-d; (6)-a; (7)-d; (8)-a; (9)-c; (10)-d; (11)-c; (12)-b; (13)-c; (14)-d; (15)-d