Profit And Loss Quiz

1. Anna buys a basketball for $20 and sells it for $25. What is the profit?
A $45
B $5
C $500
2. Ben buys a football for $35 and sells it for $50. What is the profit?
A $85
B $175
C $15
3. Coco buys boxing gloves for $50 and sells them for $40. What is the loss?
A $10
B $200
C $2000
4. How much is a profit of 10% of $50?
A $5
B $60
C $10
5. How much is a profit of 5% of $60?
A $5
B $12
C $3
6. How much is a profit of 25% of $80?
A $2000
B $20
C $25
7. How much is a profit of 15% of $200?
A $15
B $30
C $20
8. Ram buys a baseball bat for $50. He adds a profit of 20%. What is the new selling price?
A $60
B $70
C $65
9. Sam buys gym weights for $300. She adds a profit of 10%. What is the new selling price?
A $330
B $310
C $290
10. Teresa buys golf clubs for $500. She adds a profit of 35%. What is the new selling price?
A $535
B $675
C $465

 

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