Profit and Loss
Authored by Terrence Coppin
Mathematics
7th Grade
CCSS covered
Used 1K+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The term used to describe money gained after a sale.
Tags
CCSS.6.RP.A.3B
2.
MULTIPLE CHOICE QUESTION
30 sec • 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
Tags
CCSS.6.NS.C.7C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the loss of an item that cost $190 and sold for $175.
$25
$15
-$15
$30
Tags
CCSS.7.NS.A.1D
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the profit: CP = $120, SP = $180
$80
$20
-$20
$60
Tags
CCSS.7.NS.A.2A
CCSS.7.NS.A.2B
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The term used to describe money gained after a sale.
Tags
CCSS.6.RP.A.3B
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the CP is less than the SP, then there will be a loss.
True
False
Tags
CCSS.7.RP.A.3
7.
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
Tags
CCSS.6.RP.A.3B
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