CLASS 8 MATHS · COMPARING QUANTITIES

Profit and loss percentage

Profit % = profit ÷ cost price × 100. Always divide by the cost price.

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Worked examples

Example 1 · level 1

Priya bought cricket balls for ₹200 and sold them for ₹250. What is the profit percentage?

Show solution
  1. Profit = ₹50.
  2. Profit % = 50 ÷ 200 × 100 = 25%.

Answer: 25 %

Example 2 · level 2

Harpreet bought diyas for ₹1,000 and sold them for ₹1,050. What is the profit percentage?

Show solution
  1. Profit = ₹50.
  2. Profit % = 50 ÷ 1,000 × 100 = 5%.

Answer: 5 %

Example 3 · level 3

Lakshmi bought kites for ₹3,000 and sold them for ₹3,900. What is the profit percentage?

Show solution
  1. Profit = ₹900.
  2. Profit % = 900 ÷ 3,000 × 100 = 30%.

Answer: 30 %

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