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Grade 6 - Mathematics
8.17 Cost Price, Selling Price, and Profit

Cost Price: The money paid by a store owner to buy goods is called the cost price(C.P.) of the store owner.

Selling Price: The price at which a store sells the goods is called the selling price (S.P.).

Profit: If the selling price (S.P.) is greater than the cost price (C.P.), then the store owner make a profit.

Formulae:
Profit = Selling Price - Cost Price
Selling Price = Cost Price + Profit
Cost Price = Selling Price - Profit


Directions: Answer the following qustions. Also write at least ten examples of your own.
Q 1: Selling price = $2792 and profit = $300, find the cost price.
$2692
$2592
$2492

Q 2: Cost price = $75 and selling price = $79, find the profit.
$4
$8
$6

Q 3: Cost price = $2932 and profit = $270, find the selling price.
$3200
$3002
$3202

Q 4: Cost price = $161 and selling price = $170, find the profit.
$9
$7
$8

Q 5: Cost price = $350 and profit = $20, find the selling price.
$350
$330
$370

Q 6: Cost price = $2770 and selling price = $2772, find the profit.
$2
$4
$6

Q 7: Cost price = $3761 and profit = $500, find the selling price.
$4261
$4260
$4620

Q 8: Cost price = $2962 selling price = $3000, find the profit.
$40
$55
$38

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Question 10: This question is available to subscribers only!


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