Profit and loss balance

Refer to the table

Which item has the greatest loss?

• Item 3

• Item 5

• Item 8

• Item 9

Answer explanation

1. Look at the 'Loss' heading

2. Select the largest value.

What was the total profit?

• $5100

• $5000

• $5200

• $5150

Answer explanation

Add all the values in the profit.

Refer to the table

What is the total loss?

• $4450

• $4400

• $4550

• $4500

Answer explanation

Add all the values in under heading 'Loss'.

What is the difference between profit and loss?

The value you get is call balance.

• $650

• $625

• $600

• $655

Do you think the company makes profit or suffer a loss?

• Profit

• Loss

Refer to the table.

Which item has the greatest profit?

• Item 2

• Item 7

• Item 4

• Item 6

Answer explanation

Look at the heading 'Profit'.

Then look for the largest value.