Profit or Loss Scenarios

Profit or Loss Scenarios

2nd Grade

10 Qs

quiz-placeholder

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Profit or Loss Scenarios

Profit or Loss Scenarios

Assessment

Quiz

Others

2nd Grade

Hard

Created by

Rhea Khurrana

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bakery sold a cupcake for ₹300. The ingredients used to make the cupcake cost ₹350. Did the bakery make a profit or loss?

profit

loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A toy store sold a teddy bear for ₹2000. The teddy bear was bought from the supplier for ₹1500. Did the toy store make a profit or loss?

profit

loss

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A lemonade stand sold a glass of lemonade for ₹150. The cost of making the lemonade was ₹75. Did the lemonade stand make a profit or loss?

profit

Loss

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A farmer sold a dozen eggs for ₹400. The cost of feeding the chickens to produce the eggs was ₹350. Did the farmer make a profit or loss?

loss

profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bookstore sold a novel for ₹1200. The bookstore bought the novel from the publisher for ₹1000. Did the bookstore make a profit or loss?

profit

loss

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A clothing store sold a t-shirt for ₹1500. The t-shirt was bought from the manufacturer for ₹1200. Did the clothing store make a profit or loss?

profit

loss

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ingredients for a whole pizza is ₹100. The whole pizza was cut into 10 slices and one slice was sold for ₹50. Did the pizza restaurant make a profit or loss?

loss

profit

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