7th Grade - Earnings, profit and loss. Simple and Comp Interest

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

Tags

CCSS.6.RP.A.3B

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

• 2000 profit

• 8000 profit

• 2000 lose

• 8000 loss

Tags

CCSS.7.NS.A.1C

What is meaning of loss?

• Difference between marked price and selling price

• Difference between cost price and marked price

• Difference between selling price and cost price

• All of the above

Tags

CCSS.6.RP.A.3B

Meaning of profit is..

• Total money obtained by selling goods

• Difference of fixed price and selling price

• Value remaining after subtracting expenses from earnings

• Total expenses in transaction

Tags

CCSS.7.EE.B.3

Jackie is making lemonade. She buys sugar, lemons, and cups for $17. She made $41 from selling the lemonade. What is her profit?

• $58

• $17

• $24

• $41

Tags

CCSS.3.OA.D.8

Tom helped his uncle move. He spent $30 for gas for his truck, and $20 for work gloves. His uncle paid him $200 for his help. What was Tom's profit?

• $50

• $150

• $250

• $30

Tags

CCSS.3.OA.D.8

Calculate the percentage profit if an item is bought for $175 and sold for $236.25.

• 33%
• 25.9%
• 74%
• 35%

Tags

CCSS.6.EE.B.6

Find the loss: Sam bought a car for $634000 and sold it for $623000

• $110000

• $11000

• $1257000

Tags

CCSS.7.EE.B.3

If the cost price of 15 pens is equal to the selling price of 20 pens, then the loss percent is

• 12%

• 18%

• 20%

• 25%

Tags

CCSS.6.RP.A.3C

Naresh bought 4 dozen pencils at Rs 10.80 a dozen and sold them for 80 paise each. Find his gain or loss percent.

• L% = 11%

• L% =11.11%

• G% =12%

• G% =3 %

Tags

CCSS.6.RP.A.3C