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Math Quiz
For Grade 8

Answer the below-given Math Questions.
To unlock a special gift at the end!!

SELECT THE TOPIC
Profit and Loss

Feeling the Money Crunch? Test Your Profit & Loss IQ!

Hey there, number whizzes! Ever wondered how businesses stay afloat? It’s all about Profit and Loss, the secret sauce that keeps the financial wheels spinning. But just like baking a cake, you need the right ingredients – and that’s where math comes in!

Profit and Loss is basically a way to measure how much moolah you’re making (or losing) in the world of buying and selling. Think of it like a treasure map, guiding you towards financial success.

This Grade 8 Profit & Loss Quiz is your chance to discover if you’ve got the treasure-hunting skills! We’ll be testing your knowledge on:

1. Cost Price vs. Selling Price: Are you a master of figuring out how much you spent vs. how much you can charge?

2. Percentage Puzzles: Can you unlock the mysteries of discounts and markups, turning those confusing percentages into your allies?

3. Real-World Scenarios: From lemonade stands to online shops, we’ll throw fun and relatable situations at you to see if you can apply your math muscle.

So, are you ready to prove you’re not just a math champ, but a Profit & Loss prodigy? Dive into the quiz, crack the code, and see if you’ve got the financial smarts to conquer the business world!

P.S. Don’t worry if you get a little lost – we’ll provide helpful hints and explanations along the way. After all, this is an adventure, not a math dungeon!

Get ready, set, calculate! Let’s make Profit & Loss your playground!

But let’s read a fun story first before Profit & Loss Quiz:

Dive into the Numbers: Cracking the Code of Profit and Loss!

Hey there, number ninjas! Ready to sharpen your math skills and conquer the world of business? Buckle up, because we’re about to embark on a thrilling journey into the realm of Profit and Loss!

Picture this: you’re a budding entrepreneur, selling the coolest gadgets in town. But how do you know if you’re actually making money? That’s where Profit and Loss comes in, like a trusty sidekick deciphering the financial code.

Think of Profit as your treasure chest overflowing with gold coins – the reward for selling your awesome stuff for more than it cost you. Loss, on the other hand, is like a pesky goblin sneaking away with your coins – when things don’t quite go your way.

Learn More
  • Q-1
  • Zayn bought concert tickets for $1700 and wants to make 22% profit. What’s the selling price?

  • Q-2
  • A store buys a camera for $1200 and spends $40 on costs. They sell it for $1550. How much profit did they make?

     

     

  • Q-3
  • A shop has 100 items. They sell 70 for the cost of 45. Did they make a profit, lose money, or break even?

     

  • Q-4
  • A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.

     

  • Q-5
  • The CP of 11 articles is equal to the SP of 9 articles. Find the gain or loss percent.

  • Q-6
  • Garima purchased a briefcase with an additional 10% discount on the reduced price after deducting 20% on the labeled price. If the labeled price was $1400, at what price did she purchase the briefcase?

  • Q-7
  • You are a judge in SHARK TANK with $1 million in your pocket. You have these two people with similar business. Whose business will you invest in?

    Rob : CP = $15, profit = $3

    Sam : CP = $24, profit = $6

  • Q-8
  •  Someone makes a 25% profit on a product sold for $300. How much did it cost?

  • Q-9
  • A shopkeeper sells a badminton racket, whose marked price is $30, at a discount of 15% and gives a shuttlecock costing $1.50 free with each racket. Even then he makes a profit of 20%. His CP per racket is:

  • Q-10
  • 50 items sell for the cost of 40. Did they make a profit, lose money ?

LEARN MORE ABOUT Profit and Loss

But don’t worry, with the right tools and a dash of math magic, you’ll be calculating profits and losses like a pro in no time! We’ll be exploring:

  • Secret formulas: Unlocking the mysteries of cost price, selling price, and the magical Profit & Loss equation.
  • Percentage puzzles: Mastering the art of discounts and markups, turning those percentages into your allies.
  • Real-world scenarios: From lemonade stands to bake sales, we’ll put your skills to the test in fun and relatable situations.

So, are you ready to transform from math newbie to a Profit & Loss mastermind? Get ready to crunch some numbers, solve some mysteries, and become the ruler of your financial kingdom! Let’s go!

P.S. Stay tuned for awesome tips, tricks, and brain-teasing challenges to keep your math muscles flexing!

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    FOR OTHER GRADES

    ABOUT THIS GRADE 6 MATH QUIZ

    Moonpreneur has curated a set of quiz questions, especially for 6th Graders. It gets more interesting as we have a special prize at the end for everyone whether you answer all questions correctly or not. This quiz covers the topics such as addition, multiplication, word problem, measurement, decimals, and much more.

    Take the Math quiz and unleash the hidden Mathematician in you!!