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Math-Profit-Loss-Q001

Total questions: 15

Worksheet time: 36mins

Name
Class
Date
1.

Cedric started a landscaping business. In July, he earned $3,000 and spent $943 on equipment. What is Cedric’s profit for the month of July?

a)

$943

b)

$2,057

c)

$2,056

d)

$1,056

2.

Amber makes extra income baking wedding cakes. This month, she earned $980 and spent $125 on ingredients and supplies. How much was Amber’s profit?

a)

$865

b)

$855

c)

$854

d)

$864

3.

Tanner sold decorative masks at a flea market. The cost of the materials for creating the masks was $48. Tanner received $330 from selling the masks. What was Tanner’s profit?

a)

$291

b)

$283

c)

$281

d)

$282

4.

Ms. Campa bought a DVD holder for $15 she later sold the same DVD holder for $18. What was her profit?

(a)  

5.

Mrs. Boles made a silver necklace. Her materials cost her $23. She later sold the necklace for $45. What was Mrs. Boles's profit?

(a)  

6.

Mr. Gamez sold popcorn at Achziger Elementary. The cost of preparing the popcorn was $12. The money he received from the sale of the popcorn was 24. What was Mr. Gamez’s profit?

(a)  

7.

Ms. Singsaas made lemonade to sell. Her costs to make the lemonade is listed below:

Sugar - $4

Lemons - $5

Cups - $3

Water and Ice free

She sold all her lemonade for $26. What was Ms. Singsaas’s profit?

(a)  

8.

Mrs. McDaniel sold snow cones at the park. Mrs. Daniel’s expenses were $14. Mrs. McDaniel sold 12 snow cones for $2 each. What was Mrs. Sanchez’s profit?

(a)  

9.

Ms. Balderas bought an old bicycle. She repaired it and painted it until it looked new. Then she sold the bicycle. Ms. Balderas made this list about what she did.

Price paid for old bicycle: $16

Cost to repair: $20

Cost to paint: $7

Selling price: $50

What was Ms. Balderas's profit from selling the bicycle?

a)

$43

b)

$13

c)

$7

d)

Not Here

10.

Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?

a)

$7

b)

$27

c)

$13

d)

$20

11.

Simon sells hamburgers. He buys the buns and meat for $15. He sells the hamburgers for $3 each. He sells 12 hamburgers.

What is Simon's profit?

a)

$12

b)

$21

c)

$36

d)

$3

12.

Ava paid $10 for 14 pencil sharpeners and paid $2.00 for shipping. She sold them for $2 each. How much profit did Ava make when she sold all of the pencil sharpeners?

a)

$16.00

b)

$28.00

c)

$10.00

d)

$14.00

13.

Latrell bought an old rocking chair at a yard sale for $12. He spent a total of $4 on supplies to repair and paint it. He sold it for $38. How much profit did he earn?

a)

$16

b)

$22

c)

$33

d)

$30

14.

Ben bought three LG washing machines from the manufacturer at the price of QR 2000 per washing machine. He sold it at the price of QR 2250 each washing machine. How much profit did he get after selling 3 washing machines?

a)

QR 750

b)

QR 650

c)

QR 1000

d)

QR 850

15.

Salim is a carpenter. He sold a chair for Rs. 900 making a profit of Rs. 250. Find the cost price of the chair.

a)

Rs 1150

b)

Rs 900

c)

Rs 650

d)

Rs 750