Profit & Loss

The price at which any article is sold

• Cost Price

• Selling Price

• Profit

• Loss

If you sell something for less than you bought it for, you make a

• Cost Price

• Selling Price

• Profit

• Loss

Zeanna bought the following pair of shoes for $85 and sold it for $100.

What is the cost price of the shoes?

• $15

• $85

• $100

Zeanna bought the following pair of shoes for $85 and sold it for $100.

She made a profit.

• True

• False

Xander bought the sofa set below for $865 and sold it for $785.

How much was Xander's loss?

• $785

• $120

• $80

Mia sold her sound system for $2000 at a profit of $350. Find the cost price of the sound system.

• $2000

• $2350

• $1650

Amy bought cushions at $120 a dozen. She sold them for $15 each. What is her profit?

• $150

• $75

• $60

Morgan bought a bicycle for $250 and sold it to Peyton at a profit of $75. Find the selling price.

• $75

• $325

• $175

Hemang bought a truck for $9000. He sold it at a profit of 20%. How much profit did he make?

• $1000

• $1800

• $10,800

25% of 300 is

• 80

• 75

• 40