the money you have left after paying for business expenses.
Profit and loss

Quiz
•
English
•
University
•
Medium
Nilufar Azimova
Used 7+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
loss
price
profit
cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
to make something better
improve
margin
expense
increase
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It refers to the direct costs of producing the goods sold by a company. This amount includes the cost of the materials and labor directly used to create the good
Fixed costs
Cost of goods sold (COGS)
Variable costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
neither make a profit nor lose money
loss
make profit
break even
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maria sold a bicycle for $ 24900 at a profit of $ 600. Find the price at which she bought it.
$ 24300
$ 600
$ 24900
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ron has a cycle worth $ 1800 and he wants to sell it at a profit of $ 220. What should cycles selling price be?
$ 1800
$ 2020
$ 900
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of money your business earns after deducting all operating, interest, and tax expenses over a given period of time.
variable costs
overhead costs
net profit
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nora bought her home in 2002 for $310,000. She sold her home in 2012 for $650,000. What profit did she make?
$300,000
$330,000
$340,000
Similar Resources on Quizizz
10 questions
7th Grade Quiz: Calculate Percent Increase & Decrease

Quiz
•
7th Grade - University
10 questions
Mastering Percent Increase and Decrease Challenges

Quiz
•
5th Grade - University
10 questions
Percentage Puzzles: Calculate Discounts & Increases

Quiz
•
5th Grade - University
10 questions
Profit & Break-Even Analysis: Business Algebra Challenge

Quiz
•
11th Grade - University
10 questions
Mastering Real-Life Percent Problems for Grade 6

Quiz
•
6th Grade - University
10 questions
Real-Life Percentages: Fun Financial Word Problems for 5th Graders

Quiz
•
5th Grade - University
10 questions
Real-Life Percentages: Increase, Decrease & Application

Quiz
•
5th Grade - University
10 questions
7th Grade Proportions: Percent Increase & Decrease Quiz

Quiz
•
7th Grade - University
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade