profit and loss

Quiz
•
Mathematics
•
8th - 9th Grade
•
Medium
Standards-aligned
Bhawani Joshi
Used 75+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How profit is calculated?
Profit = C.P. - S. P.
Profit = S.P. - C. P.
Profit = M.P. - S. P.
None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meaning of loss?
Difference between marked price and selling price
Difference between cost price and marked price
Difference between selling price and cost price
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is formulae to calculate profit percentage?
Profit% =
Profit% =
Profit% =
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is condition of loss?
M.P. > S.P.
S.P. > C.P.
C.P. > S.P.
S.P. > M.P.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Meaning of profit is..
Total money obtained by selling goods
Difference of fixed price and selling price
Value remaining after subtracting expenses from earnings
Total expenses in transaction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If there is profit.....
M.P.>S.P.
S.P.>C.P.
C.P.>S.P.
S.P.>M.P.
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is formulae to calculate loss percentage?
Loss Percent =
Loss Percent =
Loss Percent =
Loss Percent =
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What formula to find loss?
Loss = S.P. - C.P.
Loss = M.P. - C.P.
Loss = C.P. - M.P.
Loss = C.P. - S.P.
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