Profit and Loss Quiz
Authored by Faust-Mihai Deaconu
Mathematics
6th - 8th Grade
Used 4+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a shop buys a pair of shoes for £40 and sells them for £60, what is the profit?
£20
£10
£30
£50
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A book costs £15 and is sold for £12. What is the loss on the book?
£4
£2
£5
£3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a jacket is sold for £70 after a £30 loss, what was the original price?
£70
£90
£80
£100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A phone is bought for £300 and sold for £360. What is the profit in pounds?
£60
£160
£70
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A pair of jeans is bought for £25 and sold for £30. What is the profit?
£5
£10
£15
£20
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a seller marks up the price of a watch from £50 to £75, what is the profit amount?
£25
£20
£30
£15
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A restaurant meal costs £45, but after a discount of £5, what is the new price?
£40
£35
£50
£45
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