| What to create | Quiz |
| Which subject | Mathematics |
| What age group | Year or Grade 11 |
| What topic | percentage profit loss |
| Question types | Open-ended |
| Number of questions | 5 |
| Number of answers | 4 |
| Correct answers | Exactly 1 |
| Show correct answers | |
| Use images (descriptions) | |
| Any other preferences |
Answer each of the following questions related to percentage profit and loss. Show your workings where necessary.
A retailer buys a shirt for $40 and sells it for $60. What is the percentage profit made on the shirt?
A laptop is purchased for $1,200 and sold at a loss of 15%. What is the selling price of the laptop?
If a product is marked up by 25% on its cost price of $80, what is the selling price of the product?
A business incurs a loss of 10% when selling a bicycle for $180. What was the original cost price of the bicycle?
A book is bought for $50 and the seller wants to achieve a profit of 20%. What should be the selling price of the book?