Question Paper
Class / Subject: Class 6 (SSC) · Mathematics (गणित)
Chapter: Chapter 13 — Chapter 13: Profit-Loss
Time Allowed: 32 minutes
Max Marks: 16
1. When does profit occur? [1]
(A) When selling price is higher than cost price
(B) When selling price equals cost price
(C) When selling price is lower than cost price
(D) Never
2. How is profit calculated? [1]
(A) Selling Price - Cost Price
(B) Cost Price - Selling Price
(C) Selling Price + Cost Price
(D) Selling Price ÷ Cost Price
3. When does loss occur? [1]
(A) When selling price is lower than cost price
(B) When selling price is higher
(C) When they are equal
(D) Never
4. How is loss calculated? [1]
(A) Cost Price - Selling Price
(B) Selling Price - Cost Price
(C) Cost Price + Selling Price
(D) Cost Price ÷ Selling Price
5. How is profit percentage calculated? [1]
(A) (Profit ÷ Cost Price) × 100
(B) (Profit ÷ Selling Price) × 100
(C) Profit × 100
(D) Profit ÷ 100
6. If cost price is ₹100 and selling price is ₹120, what is the profit? [1]
(A) ₹20
(B) ₹120
(C) ₹100
(D) ₹220
7. What is the profit percentage in the above example? [1]
(A) 20%
(B) 12%
(C) 100%
(D) 220%
8. Why learn about profit and loss? [1]
(A) For understanding business and shopping transactions
(B) No reason
(C) It's not useful
(D) Only for tests
9. When does profit occur? [1]
(A) When selling price is higher than cost price
(B) When selling price equals cost price
(C) When selling price is lower than cost price
(D) Never
10. How is profit calculated? [1]
(A) Selling Price - Cost Price
(B) Cost Price - Selling Price
(C) Selling Price + Cost Price
(D) Selling Price ÷ Cost Price
11. When does loss occur? [1]
(A) When selling price is lower than cost price
(B) When selling price is higher
(C) When they are equal
(D) Never
12. How is loss calculated? [1]
(A) Cost Price - Selling Price
(B) Selling Price - Cost Price
(C) Cost Price + Selling Price
(D) Cost Price ÷ Selling Price
13. How is profit percentage calculated? [1]
(A) (Profit ÷ Cost Price) × 100
(B) (Profit ÷ Selling Price) × 100
(C) Profit × 100
(D) Profit ÷ 100
14. If cost price is ₹100 and selling price is ₹120, what is the profit? [1]
(A) ₹20
(B) ₹120
(C) ₹100
(D) ₹220
15. What is the profit percentage in the above example? [1]
(A) 20%
(B) 12%
(C) 100%
(D) 220%
16. Why learn about profit and loss? [1]
(A) For understanding business and shopping transactions
(B) No reason
(C) It's not useful
(D) Only for tests