Mastering Profit and Loss

A shopkeeper bought a shirt for $30 and sold it for $45. What is the profit?

• $10

• $20

• $25

• $15

If a book is sold for $80 and the cost price is $60, what is the percentage profit?

• 33.33%

• 50%

• 25%

• 20%

A bicycle is purchased for $200 and sold for $150. What is the loss incurred?

• $100

• $50

• $25

• $75

Calculate the selling price if the cost price is $50 and the profit is $20.

• $70

• $40

• $80

• $60

If a laptop is sold for $900 and the cost price is $750, what is the percentage increase in price?

• 15%

• 20%

• 25%

• 30%

A pair of shoes is bought for $120 and sold at a loss of 10%. What is the selling price?

• $110

• $115

• $100

• $108

If a product is marked at $200 and sold for $160, what is the percentage discount given?

• 20%

• 30%

• 25%

• 15%

A car was bought for $15,000 and sold for $12,000. What is the percentage loss?

• 15%

• 20%

• 30%

• 25%

If a jacket is sold for $90 after a 25% discount, what was its original price?

• $80

• $150

• $120

• $100

A store bought a television for $500 and sold it for $600. What is the profit percentage?

• 15%

• 20%

• 25%

• 10%