Class V Profit and Loss

Class V Profit and Loss

5th Grade

10 Qs

quiz-placeholder

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Class V Profit and Loss

Class V Profit and Loss

Assessment

Quiz

Mathematics

5th Grade

Practice Problem

Easy

CCSS
6.RP.A.3B, 6.RP.A.3C, 7.RP.A.3

+4

Standards-aligned

Created by

Meena Bhatia

Used 401+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is selling price?

Price at which we buy the things.

Price at which we sell the things.

Tags

CCSS.6.RP.A.3B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Selling price > Cost price, it will be

Profit

Loss

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the Cost price of 1 pen is Rs. 50 and Selling price is Rs. 70, then what is the profit ?

Rs. 20

Rs. 50

Rs. 70

Rs. 120

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If CP > SP, then profit is made from this transaction.

True

False

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the selling price of table is Rs 400 and Cost price is Rs 800, then

Profit = Rs. 400

Loss = Rs 400

Tags

CCSS.7.NS.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How we calculate profit?

Profit = SP - CP

Profit = CP- SP

Tags

CCSS.6.RP.A.3B

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dia bought rice bag rupees 500 per bag. Due to spoilage, she had to sold them for rupees 450 per bag. Find Profit or Loss

Loss = Rs 50

Profit = Rs 50

Loss = Rs 500

Profit = Rs 950

Tags

CCSS.7.RP.A.3

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