Profit & loss

What is formula of loss ?

• C.P - S.P

• S.P - C.P

• S.P + C.P

• None of the above

The term used to describe money gained after a sale.

• Cost price

• Selling price

• Profit

• Loss

Find the profit if CP = Rs 120 & SP = Rs 170

• Rs 60

• Rs 50

• Rs 30

• - Rs 50

CP = Rs.2000

SP = Rs.5000

Find whether its profit or loss

• 3000 loss

• 3000 profit

• 7000 profit

• 7000 loss

State true or false : Loss = SP - CP

• True

• False

If CP is more than S.P there will be profit.

• True

• False

Calculate SP if CP is Rs 3,400 and profit is Rs 400 .

• 3000

• 3800

• 2600

• 4200

A calculator that costs ₹517 is sold out at ₹575. What is the profit that is made ?

• ₹ 58

• ₹ 53

• ₹ 55

• ₹ 57

Mayank bought a table for Rs.3750 and spent Rs.650 as transport charges. She sold the table for Rs.5000 .Did he make a profit or a loss and by how much ?

• Profit of Rs.60

• loss of Rs.1600

• Profit of Rs.600

• Loss of Rs.600

Raman bought a second- hand car for Rs. 5,40,000 and spent Rs. 20,000 on repairing. He sold it for Rs. 5,87,250. Find his loss or gain.

• Gain of Rs.47,250

• Loss of Rs.27,250

• Gain of Rs.27,250

• Loss of Rs.47,250