percentage , profit or loss

Ben bought a hoverboard for S45000 and sold it for S34000. Is it a profit or a loss?

• Profit

• Loss

• Don't know

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

• Profit

• Loss

• None

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

• 25

• 15

• 35

• 10

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

• $80

• $20

• -$20

• $60

CP = Rs. 45, Profit = Rs. 15. Find the SP

• Rs. 60

• Rs. 30

• Rs. 55

• Rs. 2

How much Profit was made?

You sold 2 Mangoes for Rs. 50 each. They cost you Rs. 40 each.

• 50

• 100

• 20

• 10

The simple interest formula is I=Prt. What does the t represent?

• Principle

• Interest

• Time

• percent Rate

Starting money = $350.

Interest rate = 2.5%

TIme = 3 years.

How much interest do you pay?

• $7.50

• $26.25

• $87.5

• $262.50

The simple interest formula is I=Prt.

The P represents the principle.

The principle means ___________________.

• the amount of money borrowed or deposited

• the percent interest for his year

• Mr. Koller

• the amount the bank owes you for being a customer at their bank

AJ borrowed $4,000 for 5 years at 6% simple interest rate. How much interest did he pay?

• $800

• $1,000

• $1,200

• $1,500