profit and loss

profit and loss

4th - 7th Grade

15 Qs

quiz-placeholder

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profit and loss

profit and loss

Assessment

Quiz

Mathematics

4th - 7th Grade

Medium

CCSS
7.EE.B.3, 6.RP.A.3B, 7.RP.A.3

+7

Standards-aligned

Created by

Preeti 12

Used 1K+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

state true or false:profit=selling price[s.p]-cost price[c.p]

true

false

both options

can't tell

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the formula of loss?

c.p-s.p

s.p-c.p

Don't know

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.5

CCSS.6.EE.B.6

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A boy had a bike for  ₹ 32000 and was sold for ₹ 45000. What was the boy's profit? 

13000 

12500

23500

don't know

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the profit: CP = ₹120, SP = ₹180

₹80

₹20

-₹20

₹60

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term used to describe money gained after a sale.

cost price
selling price
profit 
loss

Tags

CCSS.6.RP.A.3B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If C.P is more there will be a profit

False
True

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.2

CCSS.7.NS.A.3

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

C P = 2000
S.P = 5000
FIND WHETHER ITS PROFIT OR LOSE

3000 PROFIT
7000 PROFIT
3000 LOSE
7000 LOSE

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

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