Understanding Profit and Loss

If you sell a toy for $15 and bought it for $10, what is your profit?

• $7

• $5

• $3

• $10

You spent $20 on supplies but sold your crafts for $15. What is your loss?

• $15

• $0

• $5

• $10

If a book costs $8 and you sell it for $12, what is the selling price?

• $12

• $10

• $5

• $15

You bought a game for $25 and sold it for $30. How much profit did you make?

• $20

• $5

• $10

• $15

If you have a cost price of $50 and sell it for $40, what is your loss?

• $10

• $15

• $5

• $20

A shirt costs $20 and is sold for $25. What is the profit?

• $10

• $15

• $3

• $5

If you buy a bicycle for $100 and sell it for $90, what is your loss?

• $20

• $10

• $15

• $5

You sold cookies for $10 but spent $6 on ingredients. What is your profit?

• $4

• $8

• $6

• $2

If a toy costs $15 and you sell it for $20, what is the selling price?

• $20

• $10

• $25

• $15

You spent $30 on a project and earned $25. What is your loss?

• $10

• $0

• $15

• $5