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Mathematics
8th
grade
Profit and Loss | Comparing Quantities | Assessment | English | Grade 8
7 questions
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- 1. Multiple Choice
Which of the following is always true? Statement I: Selling Price > Cost Price Statement II: Cost Price > Profit
Statement I
Statement II
Statement I and II both
None of these
- 2. Multiple Choice
If the cost price of the article is ₹ 200 and selling price is ₹ 210 then the profit percent is
5%
4.76%
95.24%
105%
- 3. Multiple Choice
A shopkeeper offers a discount of 20% while selling a table fan and incurred a loss of 10%. What is the cost price of the table fan if its marked price is ₹ 3500?
₹ 1050
₹ 3111.11
₹ 2800
₹ 2545.45
- 4. Multiple Choice
If the cost price of 10 articles is equal to selling price of 12 articles then which of the following is true for the transaction?
Loss of 83.33%
Profit of 83.33%
Loss of 16.67%
Profit of 16.67%
- 5. Multiple Choice
Manish bought a home theater and sold it to Neeta. Neeta in turn sold it to Deepesh, each earning profit of 25%. Which of the following is true?
Manish and Neeta earned same profit
Manish earned more profit than Neeta
Neeta earned more profit than Manish
Can not be decided
- 6. Multiple Choice
Mansi bought an umbrella for ₹320 and a raincoat for ₹600. She sold the umbrella at a profit of 5% and raincoat at a loss of 5%. What is the ratio of selling price of umbrella to the selling price of raincoat?
103:56:00
57:35:00
51:28:00
28:51:00
- 7. Multiple Choice
Apples were bought at ₹ 90 a dozen and sold at the rate ₹ 85 for 10 apples. What is the profit or loss percent in this transaction?
Loss of 21.29%
Profit of 13.33%
Profit of 15%
Can not be determined
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