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Simple interest and Profit and Loss

Authored by DEVADATTAN S NAIR

Mathematics

6th Grade

CCSS covered

Used 2+ times

Simple interest and Profit and Loss
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21 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for 22050 rupees. How much profit

7050

8050

9050

6050

Tags

CCSS.7.EE.B.3

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoilt. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much?

40

60

70

50

Tags

CCSS.6.NS.B.3

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Profit = Selling Price - Cost Price

True

False

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If C.P is more there will be a profit

False
True

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The term used to describe money gained after a sale.

cost price
selling price
profit 
loss

Tags

CCSS.6.RP.A.3B

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A watch was bought for Rs. 190 and sold for Rs. 175. Find the profit or loss.

Profit = Rs.25

Profit = Rs. 15

Loss = Rs.15

Loss = Rs. 25

Tags

CCSS.7.EE.B.3

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the formula of profit?

c.p - s.p

s.p - c.p

both options

Tags

CCSS.6.RP.A.3B

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