Profit and Loss

Another name for buying price is:

• Selling Price

• Cost Price

• Profit

Tags

CCSS.6.RP.A.3B

If an item is sold for more more than what it was bought for, the seller make a/an:

• Loss

• Interest

• Profit

• Tax

Tags

CCSS.6.RP.A.3B

Cost price - Selling Price =

• Interest

• Profit

• Loss

• GCT

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

Profit = Selling Price - Cost Price

• True

• False

Mr. Green bought a stove for $25 000. If he sells it for

$30 000, calculate his profit or loss.