Profit and Loss

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

• true

• false

• both options

• can't tell

Tags

CCSS.6.RP.A.3B

What is the formula of profit?

• c.p-s.p

• s.p-c.p

• both options

Tags

CCSS.6.RP.A.3B

Suppose, a shopkeeper buys an article for $60 and sells it for $70. What is his profit?

• $70

• $60

• $50

• $10

Tags

CCSS.7.EE.B.3

A vendor buys lemons at $30 per dozen. What is the CP per lemon?

• $2

• $2.5

• $3

• $12

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

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

• $25

• $15

• -$15

• $30

Tags

CCSS.7.NS.A.1C

Find the profit: CP = $120, SP = $180

• $80

• $20

• -$20

• $60

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

If Selling price > Cost price, it will be

• Profit

• Loss

Tags

CCSS.6.RP.A.3C

Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?

• $7

• $27

• $13

• $20

Tags

CCSS.3.OA.D.8

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.5

Nathalia purchased a book for $18.50 and sold it for $20.00. Nathalia's profit was (a)   .

Tags

CCSS.7.EE.B.3