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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

MEAP Preparation - Grade 7 Mathematics
1.110 Cost Price, Selling Price, and Loss

Loss: If the selling price of an item is less than its cost price, then the vendor has a loss.

Loss = Cost Price - Selling Price
Cost Price = Selling Price + Loss
Selling Price = Cost Price - Loss


Directions: Answer the following qustions. Also write at least ten examples of your own.
Q 1: Cost price = $390 and selling price = $370, find the loss.
$10
$20
$30

Q 2: Selling price = $4233 and loss = $329, find the cost price.
$4565
$4532
$4562

Q 3: Cost price = $10261 and loss = $500, find selling price.
$9761
$9751
$9771

Q 4: Cost price = $3921 and selling price = $3750, find the loss.
$170
$151
$171

Q 5: Cost price = $4131 and loss = $371, find the selling price.
$3750
$3770
$3760

Q 6: If cost price = $270 and selling price = $260, what is the loss?
$10
$20
$30

Q 7: Cost price = $2761 and selling price = $2500, find the loss.
$241
$251
$261

Q 8: Selling price = $2461 and loss = $300, find the cost price.
$2751
$2761
$2771

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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