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BUSINESS MATH QUIZ

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  • What is a profit?
    Gained money
  • A product was sold at ₱2,500, resulting in a 25% profit.
    Let Cost Price = x Selling Price = x + 0.25x = 1.25x = ₱2,500 x = ₱2,500 ÷ 1.25 =₱2,000
  • A sari-sari store sold a bundle of canned goods for ₱5,000, which originally cost ₱4,000. Calculate the profit.
    ₱1,000
  • A vendor marked up an item by 15% and sold it for ₱1,725. What was the original cost price?
    ₱1,500
  • A vendor purchased mangoes for ₱800 and sold them for ₱700. Was this a profit or a loss?
    Loss
  • A business earned a profit of ₱600 on a product originally worth ₱2,400. What is the profit percentage?
    25%
  • A company bought 100 calculators at ₱450 each and sold all for ₱500 each. What is the total profit?
    ₱5,000
  • What is a loss?
    Lose money
  • A seller had a ₱400 loss after selling an item for ₱3,200. What was the original cost price?
    ₱3,600
  • A bookstore bought 10 books for ₱300 each and sold them for ₱350 each. What is the total profit?
    ₱500
  • A seller incurred a 10% loss on an item sold for ₱2,700.What was the original cost price?
    ₱3,000
  • A seller buys a bag for ₱1,200 and sells it for ₱1,500. How much is the profit or a loss?
    ₱300
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