Profit and Loss

Profit and Loss

7th Grade

9 Qs

quiz-placeholder

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Profit and Loss

Profit and Loss

Assessment

Quiz

Mathematics

7th Grade

Medium

Created by

Sujan Gurung

Used 54+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If S.P > C.P then we will have

profit

Loss

Discount

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What will occur if S.P = Rs 700 and C.P = Rs 800

Loss = 100

Profit = 100

Discount = 100

None of them

3.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If S.P = Rs 650 and M.P = Rs 800 then what will occur

Discount = 150

Profit = 150

Loss = 150

None of them

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What does S.P refers in profit and Loss?

Selling Price

Short Price

Both of them

None of them

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the formula to calculate Discount

M.P - S.P

M.P - C.P

S.P - C.P

None of them

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If the selling price is Rs 100 , Cost Price is Rs 150 and Marked Price is Rs 200 then

M.P is Rs 200

M.P is Rs 100

M.P is Rs 150

None of them

7.

FILL IN THE BLANK QUESTION

1 min • 3 pts

If C.P > S.P then there will be always

8.

FILL IN THE BLANK QUESTION

1 min • 3 pts

When we buy for the 1st time from any one it will be always

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The another name of profit is

S.P> C.p

S.P - C.P

Both of them

None of them