Consumer Arithmetic Quiz

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

• true

• false

• both options

• can't tell

A boy had a bike for  ₹ 32000 and was sold for ₹ 45000. What was the boy's profit? 

• ₹13000 

• ₹12500

• ₹23500

• don't know

If an item is sold for more more than what it was bought for, the seller make a/an:

• Loss

• Interest

• Profit

• Tax

Reena sold a carpet for rupees 10,000 , cost price of the carpet was 8000, find the profit or lose

• 2000 profit
• 8000 profit
• 2000 lose
• 8000LOSS

If C.P is more there will be a profit

• False
• True

Formula of Profit % = _______

• C.P/Profit x 100

• C.P/M.P x100

• Profit/C.Px100

• Profit/S.Px100

A shopkeeper bought a watch for Rs. 1,250 and sold it for Rs. 1,500. Find his/her profit percent.

• 50%

• 90%

• 10%

• 20%

A pair of boots are $94.99.  They are 25% off. With this discount, what is the sale price? Round to nearest cent if necessary.

• $71.24
• $118.74
• 23.7475
• $23.75

You want to buy a shirt.  The original price was $27, and the sale says 25% off.  How much will pay for the shirt?

• 0.25
• 33.75
• 6.75
• 20.25

Discount is ____________ from the price.

• added
• divided
• subtracted
• Ms. Golino is awesome