CHAPTER 26: MONEY - INCOME AND PROFIT
Hello and welcome to the Supplementary Quiz for CHAPTER 26 MONEY: INCOME AND PROFIT. This quiz has 10 questions with 4 options each and only one correct answer. We hope you enjoy the quiz!
Ryan had a Rs. 500 watch. He sold it for Rs.750. How much profit did he make?
Saina buys 3 pairs of coffee-colored sunglasses for Rs 150 each and 2 pairs of violet-hued sunglasses for Rs 150. How much money did the shopkeeper get from her?
Velma purchased 1 paint brush for Rs 32.5 from Peter. Peter, the shopkeeper, purchased this paint brush from the wholesale market for Rs 25. How much profit did he make?
Rob paid Rs 6,500 for a bicycle. He used it for three days but did not like it much. He decided to sell it Rs 5,000. Was it profit or loss for him?
If a person sells a product at a price lower than what he purchased it for, it is called a profit. True or false?
Varaa spent a total of Rs 5,600 on her purchases, which included a dress, hat and shoes. How much did the dress cost if the hat cost Rs 1,400 and the pair of shoes cost Rs 2,600?
At a young age, Zaid started selling vegetables in the market. He would visit the market with his father and buy vegetables in stock. Currently, he buys brinjal for Rs 15/kg and sells it at Rs 25/kg, also he buys tomatoes for Rs 10/kg and sells it for Rs 15/kg. If a customer bought 1 kg brinjals and 1 kg of tomatoes, how much profit did Zaid make?
David possesses 5 Rs 5 coins, 8 Rs 10 notes, and 2 Rs 50 notes. He spent Rs. 200 on a radio. How much cash does he still have?
Niall purchased 5 dozen mangoes for Rs 100 each and then sold them for Rs 80 each. How much did he lose?
Pearl bought a dozen eggs for Rs 50 as a whole. Then, she sold each one of the eggs for Rs 6. How much profit did she make in total?
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