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### MEAP Preparation - Grade 7 Mathematics1.110 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: If cost price = \$270 and selling price = \$260, what is the loss?\$10\$20\$30 Q 2: Cost price = \$4131 and loss = \$371, find the selling price.\$3750\$3770\$3760 Q 3: Selling price = \$2461 and loss = \$300, find the cost price.\$2771\$2751\$2761 Q 4: Cost price = \$10261 and loss = \$500, find selling price.\$9771\$9761\$9751 Q 5: Selling price = \$4233 and loss = \$329, find the cost price.\$4562\$4565\$4532 Q 6: Cost price = \$3921 and selling price = \$3750, find the loss.\$171\$151\$170 Q 7: Cost price = \$2761 and selling price = \$2500, find the loss.\$261\$241\$251 Q 8: Selling price = \$3548 and loss = \$251, find the cost price.\$3788\$3799\$3789 Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!