Profit and Loss

What is the amount at which the product is to be sold?

• Cost Price

• Selling Price

• Net Sale

• Profit

Tags

CCSS.6.RP.A.3B

A boy had a bike for Php 32,000 and was sold for Php 45,000. What was the boy's profit? 

• Php 13,000

• Php 12,500

• Php 23,500

• None of the Above

What is incurred in the creation of the product?

• Selling Price

• Fixed Cost

• Variable Cost

• Cost Price

The profit percent is found based on...

• Profit

• Selling Price

• Cost Price

• Sale Price

What is the profit percent if a shopkeeper buys a football for $12 and sells it for $15?

• 80%

• 25%

• 20%

• 50%

Tags

CCSS.6.RP.A.3C

What is the percentage profit if Tony buys a watch for $50 and sells it for $60?

• 20%
• 25%
• 16.6%
• 16.7%

Tags

CCSS.6.RP.A.3C

If James sells his car for $1,000 and bought it for $2500. What is the percentage loss made on the car.

• 15%
• 10%
• 60%
• 150%

Tags

CCSS.6.RP.A.3C

Calculate the percentage loss if an item is bought for $70 and sold for $49

• 42.9%
• 70%
• 30%
• 35%

Tags

CCSS.6.RP.A.3C

A computer has been discounted by 32%. The original cost was $900. What is the new price?

• $1188
• $288
• $612
• $600

Tags

CCSS.6.RP.A.3C

Business experiences a __________ when the cost price is greater than the selling price.

• Markdown

• Break-even

• Profit

• Loss