Email us to get an instant 20% discount on highly effective K-12 Math & English kwizNET Programs!

#### Online Quiz (WorksheetABCD)

Questions Per Quiz = 2 4 6 8 10

### Grade 6 - Mathematics8.9 Profit and Loss Word Problems - I

 Directions: Answer the following qustions. Also write at least five examples of your own.
 Q 1: A vendor bought 500 eggs at \$4 per 10 eggs. Of these, 50 eggs were found to be broken. If he sold the remaining eggs at \$0.55 per egg, how much did he gain or lose?23 3/4% profit21 3/4% profit31 1/2% loss23 3/4% loss Q 2: Harry purchased a computer for \$1500 and after using it for a year, he sold it for \$1150. What is his percentage of loss or gain?23 1/3% loss23 1/3% gain19 7/8% loss25 1/4% gain Q 3: A vegetable vendor purchased 100 lbs of onions for \$200 and sold them at \$1.75 per lb. Did he make profit or loss?insufficient informationlossprofitbroke even Q 4: Kate purchased a bicycle for \$1150. After using it for a year, she sold it for \$950, what was her percentage gain or loss ?35 3/4% loss17 9/23% gain17 9/23% loss50% loss Q 5: By selling video game for \$18, a store owner gains \$2.70. What is the cost price of the video game?\$15.30\$14.70\$16.30\$20.70 Q 6: A store owner purchased a ream of paper for \$50 and sold it in retail at \$5.50 per quire. How much profit or loss did she make? (Hint: one ream = 20 quire)\$50 loss\$50 profit\$60 profit\$60 loss Question 7: This question is available to subscribers only! Question 8: This question is available to subscribers only!