profit and loss

When the selling price is higher than the cost price, we make .......

• profit

• loss

• discount

The listed price of an item is called .......

• discount

• selling price

• marked price

The correct formula for discount is ...........

• Discount = SP - MP

• Discount = MP - SP

• Discount = SP - CP

What is the formula to find profit ?

• Profit = SP - CP

• Profit = CP - SP

• Profit = MP - SP

The formula to find Loss is ........

• Loss = SP =- CP

• Loss = CP - SP

• Loss = MP - Discount

Find Profit or Loss when CP = Rs.70, SP = Rs.95

• Profit Rs. 15

• Loss Rs. 25

• Profit Rs.25

Find the Discount when MP = Rs 300, SP = Rs 250

• Discount = RS 150

• Discount = Rs 100

• Discount = Rs 50

Mr. Rai bought a mobile for Rs 35000 and sold for Rs 45000. Find his profit.

• Rs 10000

• Rs 20000

• Rs 15000

Manasvi bought a lehenga for Rs 25000 and sold at a profit of Rs 3000. At what price did she sell the lehenga?

• Rs 20000

• Rs 22000

• Rs 28000

Find the SP when MP = Rs 200, Discount = Rs 20

• Rs 220

• Rs 180

• Rs 2200