Profit and Loss
Quiz
•
Mathematics
•
8th Grade
•
Practice Problem
•
Medium
+3
Standards-aligned
Kevin St. Hill
Used 49+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If an item is purchased for $10 and sold $15 it as has a
profit of $25
loss of $25
profit of $5
loss of $5
Tags
CCSS.7.NS.A.2A
CCSS.7.NS.A.2B
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If an item is purchased for $120 and sold for $100, it has a
loss of $220
profit of $220
loss of $20
profit of $20
Tags
CCSS.6.RP.A.3B
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An item purchased for $200 and sold at a profit of $20 has a selling price of ...
$180
$220
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An item purchased for $50 and sold at a loss of $15 has a selling price of
$35
$65
Tags
CCSS.7.NS.A.1C
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An item sold for $230 at a profit of $25 had a cost price of
$255
$205
Tags
CCSS.6.NS.B.3
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An item sold for $400 at a loss of $40 had a cost price of
$440
$360
Tags
CCSS.7.NS.A.2A
CCSS.7.NS.A.2B
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An item that cost 100 and was sold at a profit of 25% now costs ..
$125
$75
Tags
CCSS.6.RP.A.3C
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