Profit and Loss Percent

Profit and Loss Percent

Assessment

Assessment

Created by

Yonette Stoby

Mathematics

7th Grade

1K plays

Hard

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15 questions

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1.

Multiple Choice

30 sec

1 pt

The profit percent is found as a percent of

Profit

Selling Price

Cost Price

Sale Price

2.

Multiple Choice

2 mins

1 pt

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

80%

25%

20%

50%

3.

Multiple Choice

2 mins

1 pt

What is the percentage profit if Tony buys a watch for $50 and sells it for $60?

20%

25%

16.6%

16.7%

4.

Multiple Choice

2 mins

1 pt

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%

5.

Multiple Choice

2 mins

1 pt

Calculate the percentage profit if an item is bought for $42 and sold for $52.50

20%

25%

80%

22%

6.

Multiple Choice

2 mins

1 pt

Calculate the percentage profit if an item is bought for $175 and sold for $236.25.

33%

25.9%

74%

35%

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