
Profit and Loss Quiz
Authored by Arlene Pascua
Mathematics
12th Grade
CCSS covered
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Cost Price is Rs. 85 and Selling Price is 105, then what is the profit?
Rs. 15
Rs. 20
Rs. 25
Rs. 30
Tags
CCSS.6.NS.C.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
John bought an old motorbike for $5675 and spent $453 on its repair. Then he sold it for $7265. Find out the profit he made.
$1173
$1371
$1137
None of these
Tags
CCSS.7.NS.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If SP > CP, then profit is made from the transaction. Mark True / False.
True
False
Tags
CCSS.7.NS.A.2A
CCSS.7.NS.A.2B
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bob bought a cycle for Rs. 3725. After using it for a few months, he sold it for a loss of Rs. 589. Find the selling price of the cycle.
Rs. 3163
Rs. 3136
Rs. 3236
None of these
Tags
CCSS.6.NS.B.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Merry bought a house for Rs. 2756723. She stayed in that house for a few years and then sold it for a profit of Rs. 152780. Find the selling price of the house.
Rs. 2999503
Rs. 2099503
Rs. 2909503
None of these
Tags
CCSS.6.NS.B.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If CP > SP, then profit is made from the transaction. Mark True / False.
True
False
Tags
CCSS.7.NS.A.2A
CCSS.7.NS.A.2B
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage ratio between profit and CP is called the profit percent. Mark True / False.
True
False
Tags
CCSS.6.RP.A.3C
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