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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 8 - Mathematics
2.2 Gain or Loss Percent Word Problems



Directions: Solve the following problems. Also write at least 5 examples of your own.
Q 1: Harry purchased some fruits and sold 1/2 of them at gain of 60% and 1/4 of them at a gain of 20%, the rest are spoiled. Find his gain or loss percent on the whole.
10% Loss
11% Loss
11% Profit
10% Profit

Q 2: 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.
21.5% Profit
21.5% Loss
21.05% Loss
21.05% Profit

Q 3: 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.
$28,200
$37,500
$26,500
35,200

Q 4: A mechanic sells two bikes each at $10,976 gains 12% on the first and loses 2% on the second. Find his gain or loss percent on the whole.
4.53% Profit
3.56% Profit
3.56% Profit
4.53% Loss

Q 5: Matt purchased a book for $96 and sold it to Jacob at a profit of 8 1/3%. If Jacob sold it at loss of 5%, what is Jacob's selling price?
$93.82
$96.56
$98.82
$95.6

Q 6: 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.
2% Profit
1% Profit
2% Loss
1% Loss

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!


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