PERCENTAGE PROFIT AND LOSS

The markup rate is always based on a percentage of the _____________

• Profit

• Selling Price

• Cost Price

• Sale Price

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

The increase in price or profit on an item is known as the ____________

• Discount

• Cost Price

• Selling Price

• Markup

Tags

CCSS.7.RP.A.3

What is the percentage profit if Tony buys a watch for $50 and sells it for $60?

• 20%

• 83.3%

• 16.6%

• 16.7%

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CCSS.7.EE.B.3

CCSS.7.RP.A.3

If James sells his car for $1,000 and bought it for $2500. What is the percentage loss made on the car.

• 15%
• 10%
• 60%
• 150%

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CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Calculate the percentage profit if an item is bought for $75 and sold for $120.

• 75%

• 50%

• 200%

• 60%

Tags

CCSS.7.RP.A.3

Calculate the percentage loss if an item is bought for $70 and sold for $49

• 21%

• 119%

• 30%

• 49%

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

What is the actual loss if an item is bought for $400 and sold for $364

• $36

• 12%

• $40

• 36%

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

If an object is bought for $65 and sold for $78 how much was the profit percent or loss percent?

• 20% profit

• 20% loss

• 17% profit

• 17% loss

Tags

CCSS.7.RP.A.3

A shopkeeper buys a jewelry box for $150 and wants to make a 60% profit on it. At what price should he sell it?

• $90

• $210

• $240

• $300

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

You buy a computer for $240. The original price was $400. What is the percentage discount rate ?

• 60% discount

• 40% discount

• 67% markup

• 160% discount

Tags

CCSS.7.RP.A.3