Profit Quiz - CBSE Class 6 Mathematics

Free practice quiz: Profit (CBSE Class 6 Mathematics). 11 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

Sample questions

1. If a book is sold for $150, which was bought for $120, what is the profit?

   1. $20
   2. $30
   3. $40
   4. $50
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   Answer: B. $30

   Profit is calculated by subtracting the cost price from the selling price. Here, profit = $150 - $120 = $30.

2. A shirt is bought for $40 and sold for $50. What is the profit percentage?

   1. 20%
   2. 25%
   3. 30%
   4. 15%
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   Answer: B. 25%

   Profit Percentage = (Profit/Cost Price) x 100. Here, Profit = $50 - $40 = $10. So, (10/40) x 100 = 25%.

3. John bought a laptop for $600 and sold it for $720. What is the profit?

   1. $80
   2. $100
   3. $120
   4. $150
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   Answer: C. $120

   Profit = Selling Price - Cost Price = $720 - $600 = $120.

4. Peter bought a guitar for $150 and then sold it for $180. What is his profit?

   1. $20
   2. $30
   3. $40
   4. $50
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   Answer: B. $30

   Profit = Selling Price - Cost Price = $180 - $150 = $30.

5. A bicycle was purchased for $150 and sold for $200. Calculate the profit and profit percentage.

   1. Profit: $50, Profit Percentage: 33.33%
   2. Profit: $60, Profit Percentage: 40%
   3. Profit: $70, Profit Percentage: 30%
   4. Profit: $65, Profit Percentage: 20%
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   Answer: A. Profit: $50, Profit Percentage: 33.33%

   Profit = $200 - $150 = $50; Profit Percentage = (50/150) x 100 = 33.33%.

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