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Profit & Loss Challenge

Authored by bwxt8pc4zc apple_user

Mathematics

6th Grade

CCSS covered

Used 3+ times

Profit & Loss Challenge
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $50 and the selling price is $70, what is the profit percentage?

50%

30%

25%

40%

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shopkeeper bought a shirt for $25 and sold it for $40. What is the profit made?

$10

$5

$15

$20

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the selling price of a book is $120 and the profit made is $20, what is the cost price?

$130

$110

$100

$80

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of a toy is $15 and the selling price is $10, what is the loss percentage?

33.33%

25%

10%

20%

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bike was bought for $500 and sold for $600. What is the profit percentage?

20%

30%

25%

15%

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of a watch is $80 and the selling price is $100, what is the profit earned?

$25

$20

$10

$15

Tags

CCSS.6.RP.A.3B

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A store bought a phone for $300 and sold it for $250. What is the loss incurred?

$200

$150

$100

$50

Tags

CCSS.7.EE.B.3

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