Grade 8  ProfitLossandDiscounts
(Sample Online worksheet)
Choose correct answer(s) from given choice
1)  Due to 10% discount offered by a shop, price of a shirt reduces by $ 480. Find the original price of shirt.

2)  If 2000 tubelights are bought at the rate of $ 40 each, and 1600 are sold at rate of 50 each. Find the overall profit/loss.

3)  Ronald purchased 300 CDs for his shop at $ 12 each. During transportation 60 CDs got damaged, and he sold remaining CDs at price of $ 15 each. Find overall profit/loss in %.

4)  A shopkeeper mixes two variants of sugars in ratio 2:3. The first variety costs 50 per kg, while other costs 40 per kg. If the mixed sugar is sold at price of 52.8 per kg. Find the profit/loss incurred by shopkeeper.

5)  William sells his two cycless at the rate of $ 4 hundreds each. On one cycles he gains 6% while on other cycles he incurs a loss of 6%. Find his total loss/gain in whole transaction.

6)  A shopkeeper sells two quality of wheat at rate of $ 42 per kg. and $ 44 per kg, gaining 20% and 10% profit respectively. If he mixes the two variants in the ratio 2:3 and sells the mixture at $ 43.7 per kg., what is his gain or loss?

Fill in the blanks
7)  A shopkeeper provides two successive discount of 25% and 20% on selling an article. If the selling price is $ 360, the marked price of the article = $ . 
8)  A shopkeeper sold a bat at a loss of 22%. Had he sold it for $ 208 more, he would have gained 30%. The cost price of bat is $ . 
9)  A shopkeeper buys 10 sofas for $ 150000. If he sells them for a profit of 20%, the selling price of one sofa = $ . 
10)  A shopkeeper gives 20% discount on all items. If discounted price of a bed is $ 12000, the original price of bed = $ . 