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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the Cost Price if a pen is bought for $15?
💡 Hint: Think about what you paid for the pen.
Question 2
Easy
If a shirt's Selling Price is $40 and Cost Price is $25, what is the profit?
💡 Hint: Subtract C.P. from S.P.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the formula for calculating Profit?
- S.P. - C.P.
- C.P. - S.P.
- M.P. - S.P.
💡 Hint: Remember, profit is the amount we earn.
Question 2
True or False: Loss is calculated as Selling Price minus Cost Price.
- True
- False
💡 Hint: Think about what it means when you lose money.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A store has a marked price of $100 on a table. They give successive discounts of 10% and 20%. What is the final selling price?
💡 Hint: Calculate each discount sequentially.
Question 2
If the Cost Price of a laptop is $800 and after selling it the Selling Price is $640, what is the loss percentage?
💡 Hint: Use the formula for loss percentage.
Challenge and get performance evaluation