Profit and Loss

If the cost price of an item is $10 and the selling price is $12, was a profit or a loss made?

• profit

• loss

• neither

Tags

CCSS.6.NS.C.7C

Find the loss of an item that cost $190 and sold for $175.

• $25

• $15

• -$15

• $30

Tags

CCSS.7.NS.A.1D

Find the profit: CP = $120, SP = $180

• $80

• $20

• -$20

• $60

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

Find the percentage profit: CP = $50, SP = $60

• 110%

• 10%

• 20%

• 16.7%

Tags

CCSS.6.RP.A.3C

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

Tags

CCSS.6.RP.A.3B

If the CP is less than the SP, then there will be a loss.

• True

• False

Tags

CCSS.7.RP.A.3

You sell T-shirts. If they cost you 2.00 each and can sell them for 10.00 how much PROFIT can you make if you sell 10 T-shirts?

• 30.00

• 20.00

• 50.00

• 10.00

Tags

CCSS.7.EE.B.3

Jennifer makes and sells bracelets.  It costs her $3 in materials for each bracelet she makes.  If she makes and sells 20 bracelets for $14 each, what is her profit?

• $280
• $60
• $220
• Not Here

Tags

CCSS.3.OA.D.8

Tony makes doghouses.  His expenses for each doghouse are $40 for wood, $15 for paint, and $10 for nails.  If Tony sells each doghouse for $125, what is his profit if he sells 7 doghouses?

• $420
• $60
• $65
• $402

Tags

CCSS.7.EE.B.3

Sandy makes and sells wedding cakes.  To make one wedding cake, it costs her $18.36.  If she sells each wedding cake for $75, how much profit will she make if she sells two wedding cakes?

• $56.64
• $113.28
• $93.36
• She had a loss

Tags

CCSS.7.NS.A.3