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profit and loss quiz

Authored by neha agarwal

Mathematics

5th Grade

CCSS covered

Used 1K+ times

profit and loss quiz
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

₹25

₹15

-₹15

₹30

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the profit: CP = ₹120, SP = ₹180

₹80

₹20

-₹20

₹60

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The term used to describe money gained after a sale.

cost price
selling price
profit 
loss

Tags

CCSS.6.RP.A.3B

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A watch was bought for Rs. 190 and sold for Rs. 175. Find the profit or loss.

Profit = Rs.25

Profit = Rs. 15

Loss = Rs.15

Loss = Rs. 25

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

How much Profit was made?

You sold 2 Mangoes for ₹100. They cost you ₹80 .

₹ 50

₹ 100

₹ 20

₹ 90

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the formula of profit?

c.p-s.p

s.p-c.p

both options

Tags

CCSS.7.NS.A.3

CCSS.7.EE.B.4

CCSS.7.NS.A.1

CCSS.7.RP.A.3

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