Class 8 CP and SP

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

If an object is bought for Rs.90 and then sold for a loss of 15%. How much was it sold for?

• Rs.103.50

• Rs.80

• Rs.75

• Rs.76.50

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

• true

• false

• both options

• can't tell

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

Calculate S.P if C.P is rupees 3,400 and profit is rupees 400.

• 3800
• 3000
• 2600
• 4200

What is the 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

What is the formulae to calculate profit percentage?

What is the condition of loss?

• M.P. > S.P.

• S.P. > C.P.

• C.P. > S.P.

• S.P. > M.P.

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

If there is profit.....

• M.P.>S.P.

• S.P.>C.P.

• C.P.>S.P.

• S.P.>M.P.