Math 1

If the selling price is greater than the cost price, then the difference between them is called

• Selling Price

• Profit

• Loss

• Cost Price

What is the formula of Profit?

• P = Selling Price - Cost Price

• P = Selling Price + Cost Price

• P = Cost Price + Selling Price

• P = Cost Price - Selling Price

The price at which a product is sold is called.

• Cost Price

• Price sale

• Selling Price

• Purching Price

If an item is bought at ₱35 and sold at ₱50. What is the profit of an item?

• 15

• 30

• 35

• 40

State true or false:

The formula of loss percentage is; (Loss/Cost Price) x 100

• True

• False

It used to calculate the profit or loss that has been incurred by selling a particular product.

• Loss and Income Formula

• Profit and Loss Formula

• Profit Formula

• Loss Formula

If mary buy a dress at ₱280 and sold at 150. Find the loss of Mary.

• 20

• 30

• 40

• 50

State true or false:

Profit = Selling Price(s.p) - Cost Price(c.p)

• True

• False

• Both Options

• Can't tell

State true or false:

Loss = Selling Price(S.P) - Cost Price(C.P)

• true

• false

A girl bought 50 shirts, each at a price of ₱180. She sold each of them for ₱250. Find her percentage profit.

• 22.2%

• 33.3%

• 44.4%

• 55.5%