Profit and Loss

Profit and Loss

3rd - 6th Grade

25 Qs

quiz-placeholder

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Assessment

Quiz

Mathematics

3rd - 6th Grade

Hard

CCSS
7.RP.A.3, 7.EE.B.3, 7.NS.A.1

+6

Standards-aligned

Created by

Mr. EVELYN

Used 66+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the loss of an item that cost $190 and sold for $175.

$25

$15

-$15

$30

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost price of an item is $10 and the selling price is $12, was a profit or a loss made?

profit

loss

neither

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the profit: CP = $120, SP = $180

$80

$20

-$20

$60

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term used to describe money gained after a sale.
cost price
selling price
profit 
loss

Tags

CCSS.6.RP.A.3B

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You sell T-shirts. If they cost you 2.00 each and can sell them for 10.00 how much PROFIT can you make if you sell 10 T-shirts?

30.00

20.00

50.00

10.00

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.2

CCSS.7.NS.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the percentage profit: CP = $50, SP = $60

110%

10%

20%

16.7%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the percentage profit if Tony buys a watch for $50 and sells it for $60?
20%
25%
16.6%
16.7%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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