Profit and Loss

Profit and Loss

8th Grade

10 Qs

quiz-placeholder

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Assessment

Quiz

Mathematics

8th Grade

Hard

Created by

Beena Singh

Used 486+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to find out Profit?

C.P - S.P

S.P - C.P

M.P - Discount

S.P + VAT

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to find out Loss?

S.P - C.P

M.P - S.P

C.P - S.P

All of above

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

If C.P = Rs. 200 and S.P = Rs. 240 then profit = __________

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formula of S.P when C.P and Profit is given.

S.P - Profit

C.P - Profit

C.P -Loss

C.P + Profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If S.P is more than C.P then what will be the result?

Loss

Profit

Expenses

None

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formula of Profit % = _______

C.P/Profit x 100

C.P/M.P x100

Profit/C.Px100

Profit/S.Px100

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shopkeeper bought a watch for Rs. 1,250 and sold it for Rs. 1,500. Find his/her profit percent.

50%

90%

10%

20%

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