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WorksheetsProfit and loss
Total questions: 7
Worksheet time: 21mins
State whether this statement is true or false: profit= selling price[S.P.] - cost price[C.P]
true
false
both options
can't tell
What is the formula for loss?
C.P - S.P
S.P - C.P
Don't know
Calculate the S.P if C.P of a bicycle is 3500 dollar and profit is 1000 dollar
4500
3000
2600
4200
If an item is sold for more more than what it was bought for, the seller make a/an:
Loss
Interest
Profit
Tax
The term used to describe money gained after a sale.
Revenue
Expenses
Profit
Loss
Carlos bought 30 jersey for $63,000, if he made a profit of $30,000, how much did he sell one of the jersey for?
$2100
$3100
$33000
$32,100
Rena bought 8 boom box for $78,000. If she sell 4 boom box for $35,000, 3 for $25,000 and 1 for $12,000. Would Rena make a profit or a loss?
Loss
Profit
None of the above.
