Profit and loss questions

Profit and Loss

Sample Questions

1. A shirt has a cost price of $25, and the seller wants to make a profit of $10. What will be the selling price of the shirt?

2. A phone costs $400. If it is sold at a loss of $50, what is the selling price of the phone?

3. A jacket is sold for $80 with a profit of $20. What was the cost price of the jacket?

4. A book is sold for $15 at a loss of $5. What was the cost of the book?

5. A pair of shoes has a cost price of $50, and the seller wants to make a profit of $15. What will be the selling price of the shoes?

Your turn!

1. A laptop costs $900. If it is sold at a loss of $100, what is the selling price of the laptop?

2. A coat is sold for $120 with a profit of $30. What was the cost price of the coat?

3. A toy is sold for $25 at a loss of $10. What was the cost of the toy?

4. A bag has a cost price of $35, and the seller aims to make a profit of $20. What will be the selling price of the bag?

5. A camera costs $700. If it is sold at a loss of $150, what is the selling price of the camera?

6. A watch is sold for $200 with a profit of $50. What was the cost price of the watch?

7. A video game is sold for $40 at a loss of $5. What was the cost of the video game?

Percentage Profit & Loss

Sample Questions

1. A shirt costs $20 and is sold for $30. What is the profit percentage?

2. A laptop is bought for $800 and sold for $1,000. What is the profit percentage?

3. If a bicycle costs $150 and is sold for $180, calculate the profit percentage.

Your turn!

1. A store purchases a video game for $40 and sells it for $60. What is the profit percentage?

2. A watch is purchased for $120 but sold for $90. What is the loss percentage?

3. A refrigerator costs $800 and is sold for $600. What is the loss percentage?

4. A dining table is bought for $400 and sold for $300. What is the loss percentage?

5. A camera is purchased for $500 and sold at a loss for $350. What is the loss percentage?

6. A laptop is bought for $1,200 but sold for $900. What is the loss percentage?

7. A bicycle costs $200 and is sold for $150. What is the loss percentage?

All Done!

Open Ended

Reflect on today's lesson. What are you thoughts?