PROFIT AND LOSS

If the cost price is ₦250 and the selling price is ₦ 540. What is the profit?

• ₦290
• ₦400
• ₦200
• ₦310

If the cost price is ₦150 and the selling price is ₦ 300. What is the profit?

• ₦150

• ₦200

• ₦100

• ₦250

If the cost price is ₦180 and the selling price is ₦ 240. What is the profit?

• ₦60

• ₦80

• ₦40

• ₦20

If the cost price is ₦300 and the selling price is ₦ 450. What is the profit?

• ₦150

• ₦200

• ₦100

• ₦250

A man bought an ice-cream for $10 and sold it for $8. Did the man make a profit or loss?

• Profit
• Break-even
• Double the investment
• Loss

If S.P < C.P, then there is a?

• Profit
• Loss
• Break-even
• Revenue

Coffee mugs cost ₦2.50 each. How much do 5 coffee mugs cost?

• ₦10.00
• ₦12.50
• ₦15.00
• ₦20.00

A place where people keep their money, can withdraw or deposit it is called a_______?

• bank
• store
• restaurant
• library

A man bought a tin of cocoa drink ₦ 450, sugar ₦ 320 and margarine ₦360. How much did he spend altogether?

• ₦1130
• ₦1200
• ₦1000
• ₦850

A school charges ₦12500 per term as school fees. How much does the school collect from 9 pupils?

• ₦130000

• ₦120000

• ₦112500

• ₦100000