CONSUMER ARITHMETIC - QUIZ 1

state true or false:profit=selling price[s.p]-cost price[c.p]

• true

• false

• both options

• can't tell

Tags

CCSS.7.RP.A.3

what is the formula of loss?

• c.p-s.p

• s.p-c.p

• Don't know

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.5

CCSS.6.EE.B.6

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

Reena sold a carpet for rupees 10,000 , cost price of the carpet was 8000, find the profit or lose

• 2000 profit
• 8000 profit
• 2000 lose
• 8000LOSS

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A boy had a bike for S32000 and was sold for S45000. What was the boy's profit? 

• S17000

• S12500

• S23500

• don't know

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

find the loss:Sam bought a car for S34000 and sold for S23000

• S12000

• S11000

• S34000

• No correct answer

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Ben bought a hoverboard for S45000 and sold it for S34000. Is it a profit or a loss?

• profit

• loss

• don't know

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

What is the profit percent if a shopkeeper buys a football for $12 and sells it for $15?

• 80%

• 25%

• 20%

• 50%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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

If James sells his car for $1,000 and bought it for $2500. What is the percentage loss made on the car.

• 15%
• 10%
• 60%
• 150%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3