8th Grade Risk & Return Quizzes , Questions & Answers
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How much can you score in the profit and loss test? Did you know that profit is a math variable used to express financial gain? Do you know it is time you spend operating, buying, or producing something, and did you know that...
Questions: 30 | Attempts: 3035 | Last updated: Jan 6, 2025
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Sample Question 1Shyam buys 10 apples for Rs 1. At what price should he sell a dozen apples if he wishes to make a profit of 25%?
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Sample Question 2Sonia bought a machine for Rs. 80,000 and spent Rs.5000 on repair and Rs.1000 on transport and sold it with 25% profit. At what price did he sell the machine?
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Sample Question 3What is the maximum percentage discount that a merchant can offer on her Marked Price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%?
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