Search Header Logo

Profit Quiz

Authored by Layla Prado

Other

4th Grade

Used 4+ times

Profit Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is profit?

The difference between revenue and expenses.

The total amount of money a company makes in a year.

Loss incurred when expenses exceed revenue.

Financial gain or benefit obtained when revenue exceeds expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is profit calculated?

Total revenue - Total expenses

Total revenue x Total expenses.

Total revenue + Total expenses.

Total revenue / Total expenses.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $50 and the selling price is $70, what is the profit?

$40

$20

$30

$10

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $80 and the selling price is $100, what is the profit?

$15

$20

$10

$25

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $120 and the selling price is $150, what is the profit?

$40

$20

$30

$10

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $200 and the selling price is $180, what is the profit or loss?

Profit of $20.

Loss of $10.

Loss of $20

Profit of $10.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $90 and the selling price is $90, is there any profit or loss?

Yes, there is a profit.

Yes, there is a loss.

It cannot be determined.

No

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?