Calculate Profit and Loss

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

Tags

CCSS.6.RP.A.3B

If the cost price of an item is $10 and the selling price is $12, was a profit or a loss made?

• profit

• loss

• neither

Tags

CCSS.6.NS.C.5

Find the loss of an item that cost $190 and sold for $175.

• $25

• $15

• -$15

• $30

Tags

CCSS.7.NS.A.1C

Find the profit: CP = $120, SP = $180

• $80

• $20

• -$20

• $60

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

How we calculate Loss ?

• Loss = SP -CP

• Loss = CP -SP

Tags

CCSS.6.RP.A.3B

Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?

• $7

• $27

• $13

• $20

Tags

CCSS.3.OA.D.8

Jackie is making lemonade. She buys sugar, lemons, and cups for $17. She made $41 from selling the lemonade. What is her profit?

• $58

• $17

• $24

• $41

Tags

CCSS.3.OA.D.8

Tom helped his uncle move. He spent $50 for gas for his truck. His uncle paid him $200 for his help. What was Tom's profit?

• $50

• $150

• $250

• $30

Tags

CCSS.3.OA.D.8

A boy had a bike for $32000 and was sold for $45000. What was the boy's profit? 

• S17000

• S12500

• S23500

• don't know

Tags

CCSS.7.EE.B.3

find the loss: Sam bought a car for $34,000 and sold for $23,000

• S12000

• S11000

• S34000

• No correct answer

Tags

CCSS.7.EE.B.3