WorksheetsTrade, Profit and Loss
Total questions: 8
Worksheet time: 2mins
Is Trading Always Beneficial?
Always
Never
Not Necessarily
Profit = CP - SP. True or False?
True
False
Trading is a basic ________ concept.
Agricultural
Economic
Scientific
None of These
If Shopkeeper gives 10% discount on an item worth Rs. 2700, how much one has to pay him?
2430
2340
3420
2700
Which of the following are measures that can be taken to make trading profitable?
Avoid Overtrading
Stick with the approach that works best
Not keeping track of losses
Doing Overtrading
If Aman bought 5 lightbulbs for Rs. 5, and he sold them all for a combined Rs. 40, how much profit did he make per bulb?
Rs. 15
Rs. 3
Rs. 1
He did not make any profit
Radha buys cookies from a bakery at a price of Rs 3 each, she buys 10 cookies but 7 cookies got spoiled due to the rain. How much money did she lose?
Rs. 21
Rs 3
Rs. 30
None of These
The basic concept of buying and selling of _____ and _______ is called Trading. Choose the correct answer.
Goods, Services
Corn, Wheat
Cars, Trucks
Bricks, Cement
