Card: 5 / 34 |
If an umbrella is bought for Rs. 100 and sold for Rs. 120, what is the profit made on the umbrella? |
Card: 7 / 34 |
What do we call the difference when the selling price is less than the cost price? |
Card: 9 / 34 |
Fill in the blanks: The selling price is the amount at which something is ____, while the cost price is what we ____ to buy something. |
Card: 11 / 34 |
Riddle: I am the result when you sell for more than you paid, but when I am negative, it means you have made a trade. What am I? |
Card: 13 / 34 |
Which of the following statements is correct? A) Selling price is always greater than cost price. B) Selling price can be less than cost price. C) Cost price is always greater than selling price. D) Profit occurs when cost price exceeds selling price. |
Card: 23 / 34 |
True or False: If the selling price is less than the cost price, a profit is made. |
Card: 25 / 34 |
If a dress has a tagged price of ₹120 and is sold at a 50% discount, what is the selling price? |
Card: 28 / 34 |
Profit is made, calculated as the difference between the selling price and cost price. |
Card: 29 / 34 |
Fill in the blank: The amount at which an item is sold after applying a discount is called the ___ price. |
Card: 31 / 34 |
If a seller marks up an item from ₹100 to ₹120, what is the profit if the item is sold at the marked price? |
Card: 33 / 34 |
What is the relationship between cost price and selling price when a loss is incurred? |