Profit and Loss

Profit = Selling Price - Cost Price

• True

• False

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

The term used to describe money gained after a sale.

• Revenue

• Expenses

• Profit

• Loss

Tags

CCSS.6.RP.A.3B

A watch was bought for RM190 and sold for RM175. Find the profit or loss.

• Profit = RM25

• Profit = RM15

• Loss = RM15

• Loss = RM25

Tags

CCSS.6.RP.A.3B

If the cost price of a bag is RM10 and the selling price is RM12, was a profit or a loss made?

• Profit

• Loss

• Neither

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

Find the loss of a watch that cost RM190 and sold for RM175.

• RM25

• RM15

• -RM15

• RM30

Tags

CCSS.7.NS.A.1C

If a business's costs exceeds it sales revenue, it will experience a ........?

• loan

• profit

• loss

• debt

Tags

CCSS.6.NS.C.7C

Ben bought a skateboard for RM450 and sold it for RM340. Is it a profit or a loss?

• Profit

• Loss

• I don't know.

Tags

CCSS.7.EE.B.3

Mrs. Bill sold her handbag for RM1,020.00 and lost RM80. Find the cost price of the bag.

• RM1,100

• RM940

• RM1,200

• RM990

Tags

CCSS.6.NS.B.3

By selling a bag of Gucci for RM1,750 a trader gained RM350. How much was her cost price?

• RM1,600

• RM1,400

• RM2,100

• RM1,900

Tags

CCSS.6.RP.A.3B

Reena sold a carpet for RM10,000 , cost price of the carpet was RM8000, find the profit or loss.

• Profit = RM2000

• Profit = RM8000

• Loss = RM2000

• Loss = RM8000

Tags

CCSS.6.RP.A.3B