The term used to describe money gained after a sale.
Profit and Loss

Flashcard
•
Mathematics
•
7th Grade
•
Hard
Ms Si
FREE Resource
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20 questions
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1.
FLASHCARD QUESTION
Front
Back
profit
2.
FLASHCARD QUESTION
Front
If the cost price of an item is $10 and the selling price is $12, was a profit or a loss made?
Back
profit
3.
FLASHCARD QUESTION
Front
Find the loss of an item that cost $190 and sold for $175.
Back
$15
4.
FLASHCARD QUESTION
Front
Find the profit: CP = $120, SP = $180
Back
$60
5.
FLASHCARD QUESTION
Front
The term used to describe money gained after a sale.
Back
profit
6.
FLASHCARD QUESTION
Front
If the CP is less than the SP, then there will be a loss.
Back
False
7.
FLASHCARD QUESTION
Front
Loss
Back
Difference between selling price and cost price
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