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### Grade 8 - Mathematics2.2 Gain or Loss Percent Word Problems

 Directions: Solve the following problems. Also write at least 5 examples of your own.
 Q 1: Matt sells two cars at \$1188 each and gains 10% on the first and loses 10% on the second. Find his profit or loss percent on the whole.1% Profit1% Loss2% Loss2% Profit Q 2: By selling note books at the rate of \$6 each a trader gained 20%. Find the cost of 100 note books.\$530\$450\$500\$400 Q 3: John gains 20% by selling 25 bikes at a rate of \$1,200 each, if the company reduces the price of bike by \$50. Find his gain or loss percent.21.05% Profit21.5% Profit21.5% Loss21.05% Loss Q 4: The cost of a motor bike is decreases every year by 20% to its previous value. Find its original cost if after three years its value is \$19,200.35,200\$37,500\$28,200\$26,500 Question 5: This question is available to subscribers only! Question 6: This question is available to subscribers only!

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