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Profit and loss

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About this activity

The activity understanf how profit and loss work in earning money

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Philippines

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Profit and loss
 

Profit and lossOnline version

The activity understanf how profit and loss work in earning money

by Rica Loma
1

1. A seller bought an item for ₱200 and sold it for ₱250. How much is the profit?

2

If you bought a bag for ₱500 and sold it for ₱450, what is the result?

3

What is the formula to calculate Profit?

4

What do you call the amount lost when the selling price is lower than the cost price?

5

A smartphone was bought for ₱8,500 and sold for ₱9,200. How much was earned?

6

A jacket costs ₱1,200 and is on sale for 25% off. How much is the discount?

7

Using the item in number 6, what is the final price you will pay?

8

If the Cost Price is ₱300 and the Selling Price is ₱350, which statement is correct?

9

A pair of headphones costs ₱2,000 with a 15% discount. What is the final price?

10

Why is it important to learn about profit and loss?

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