Profit and Loss Challenge

If the cost price of a toy is $20 and the selling price is $30, what is the profit made?

• $10

• $25

• $15

• $5

A book was bought for $15 and sold for $10. What is the loss incurred?

• $3

• $5

• $7

• $2

If the selling price of a shirt is $50 and the profit made is $10, what is the cost price?

• $40

• $55

• $45

• $30

Mary bought a dress for $80 and sold it for $100. What is the profit percentage?

• 25%

• 30%

• 15%

• 20%

A shopkeeper bought 10 pens for $5 each and sold them for $8 each. What is the total profit?

• $30

• $15

• $25

• $20

Tom bought a video game for $40 and sold it for $60. What is the profit made?

• $20

• $25

• $15

• $10

A store bought 50 notebooks for $2 each and sold them for $3 each. What is the total profit?

• $75

• $50

• $100

• $25