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The City School

Academic Year 2020-21


Class 8-Term 2
Subject: Mathematics
Topic: Percentages
Worksheet # 06-C

Student’s Name: ___________________ Date: ___________

Objective:
By completing this worksheet, you will be able to:

 Solve problems on profit and loss.


Complete the given table by converting fractions to percentages & decimals and
vice versa:

Fraction Percentage Decimal

𝟒
𝟓
𝟗𝟐%

𝟎. 𝟎𝟐𝟓

Complete the given table by calculating the percentages:

Calculate 25% of $540 Find 0.46% of 1000grams

Increase Rs. 5252 by 20%. Decrease 210kg by 16%.

 A manufacturer produces goods at a certain price.

o If the goods are sold at a price higher than the cost


price, the manufacturer makes a profit or gain.
𝑷𝒓𝒐𝒇𝒊𝒕 = 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆 – 𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
o If the manufacturer sells the goods at a price lower than the cost price, then he
suffers a loss.
𝑳𝒐𝒔𝒔 = 𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆 – 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆
 To express the profit or loss as a percentage of the cost price, we use:

𝑃𝑟𝑜𝑓𝑖𝑡 𝐿𝑜𝑠𝑠
× 100% 𝑜𝑟 × 100%
𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒

 Learn more about profit and loss from pages 113-114 of D3 7th Edition.

 Watch the video using the given link for a better understanding of the topic.
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/v/intro-to-profit-and-loss-
comparing-quantities-class-7-india-math-khan-academy

https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/v/finding-profit-percent-
comparing-quantities-class-7-india-math-khan-academy

Q1. Complete the table.

Profit/Loss
Cost Price Selling Price Profit/Loss as percentage of the
cost price
(a) $50 $ 120

(b) $6000 $2500

(c) Rs. 25000 Profit of 14%

(d) $ 10250 Loss of 5.5%

Working:
Q2. The profit on which is 15% of the cost price. If the profit is %150, find
(i) the cost price,
(ii) the selling price of the watch.

Q3. A company bought 15 iPads at a total of $10 000. If the company sold them at
$900 each, express the profit on the iPads as a percentage of
(i) the cost price
(ii) the selling price

Q4. A man buys a dozen cameras for $1800. He sells them at a profit of $36 each.
Express his profit as a percentage of his selling price.
2
Q5. Alia buys a calculator for $720 and sells it at a loss of 6 %. For how much does
3
she sell it?

Q6. A shopkeeper mixes 30kg of Brand A tea which costs #32 per kg with 20 kg of
Brand B tea which costs $35 per kg. He sells the mixture at $40 per kg. Find his loss or
profit as a percentage of his costs.

D3 – 7th Edition
Chapter 5 – Page 115
Exercise 5A Q 1- 7

Master your skills of calculating profit and loss by practicing more using the give
link.
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/e/profit-and-loss-percentages

https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/e/profit-and-loss-word-problems-in

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