Profit and Loss Challenge
Authored by MeandMath Edu
Mathematics
7th Grade
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Calculate the profit if the cost price is $50 and the selling price is $70.
$10
$20
$15
$25
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Determine the selling price if the cost price is $80 and the profit is $20.
$90
$100
$110
$70
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If the selling price is $120 and the profit is $30, calculate the cost price.
$100
$90
$110
$125
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A product was sold for $90 with a loss of $10. Calculate the cost price.
$100
$95
$80
$105
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If the cost price is $40 and the selling price is $30, calculate the loss.
$15
$10
$5
$20
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Determine the selling price to earn a profit of $50 on a cost price of $150.
$200
$175
$180
$160
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Determine the cost price if the selling price is $160 and the loss is $20.
$150
$140
$170
$180
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