Profit and Loss

•Product Name: 

• •Lamborghini Revuelto

• 1. Tesla Model S Plaid

• 1. Ford Mustang Mach-E

• Hyundai Ioniq

The tagline of the car was

• "We Make the Future Real"

• "The Future of Driving"

• "The Future of Driving"

• "Unleash the Future of Performance."

What is the formula for calculation of profit

• profit = selling price / cost price

• profit= cost price* selling price

• Profit = Selling Price – Cost price

• Profit = Cost price - Selling Price

Formula for profit%:

• profit%: cost price/profit*100

• Profit%: profit / cost price * 100

• profit%: cost price/100*profit

• profit%: profit/100*cost price

A boy had a bike for  ₹ 32000 and was sold for ₹ 45000. What was the boy's profit? 

• ₹13000 

• ₹12500

• ₹23500

• don't know

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

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

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

Tags

CCSS.7.RP.A.3

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

What is condition of loss?

• M.P. > S.P.

• S.P. > C.P.

• C.P. > S.P.

• S.P. > M.P.

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.3

CCSS.HSA.REI.B.3

Profit or Loss is calculated on the

• SP

• CP

• Tax

• MP

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3