Profit and Loss

Selling price is greater than cost price.

• Profit

• Loss

If the cost price is greater than selling price, it is profit.

• True

• False

Hari purchased a bag on Rs 1500 and sold it to his friend on Rs 1800.What is his profit or loss?

• Profit :Rs 500

• Profit: Rs 300

• Loss: Rs 500

• Loss: Rs 300

If the cost of a jacket is Rs 2500, what is the cost of 4 jackets?

• Rs 25000

• Rs 15000

• Rs 10000

If the cost price is greater than cost price then there will be………..

• Profit

• Loss

The cost of 1 packet of milk is Rs 40. Find the cost of 8 packets of milk.

• Rs 300

• Rs 320

• Rs 500

• Rs 240

The cost of 5 kg apple is Rs 600. Find the cost of 1 kg of apple.

• Rs 100

• Rs 200

• Rs 210

• Rs 120

In 1km, there is 1000m, then in 5 km there are 5000m.

• True

• False

The buying price is called cost price.

• True

• False

Binayak buys a toy car for Rs 250. He sells it to Ravi for Rs 300. Does Binayak make profit or loss?

• Loss

• Profit