profit and loss quiz grade 6

? = Cost price - Selling price

• Profit

• Profit %

• Loss

• Loss %

Find profit if CP = Rs. 790 and SP = Rs.1000

• Rs.790

• Rs.210

• Rs.120

• Rs.970

A shopkeeper bought a bicycle for ` 3000 and sold the same for ` 3400. How much was his profit?

• 3000

• 3400

• 400

• 3040

Sambhajirao bought a machine from a factory for ` 80000. He paid the octroi tax of ` 1600 and spent ` 800 on transport besides ` 300 on porterage. What is his total expenses while buying the machine.

• Total expenses while buying the machine = Cost of machine + Octroi + Transport + Porterage = 80000 + 1600 + 800 + 300 = ` 82700

• Total expenses while buying the machine = Cost of machine + Octroi + Transport + Porterage = 80000 + 1600 + 800 + 300 = ` 28700

• Total expenses while buying the machine = Cost of machine + Octroi + Transport + Porterage = 80000 + 1600 + 800 + 300 = ` 90700

• Total expenses while buying the machine = Cost of machine + Octroi + Transport + Porterage = 80000 + 1600 + 800 + 300 = ` 83400

Saritaben bought 18 chairs each at ` 700 and sold them all for ` 18900. What was the percentage of her profit or loss?

• Profit was 50%.

• Profit was 40%.

• Profit was 55%.

• Profit was 25%.