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Grade 10 Business Math Worksheet

This worksheet covers fundamental concepts in business math for Grade 10 students, including profit, loss, percentages, and simple interest.

Grade 10 Math Financial LiteracyBusiness Math
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Includes

Multiple ChoiceFill in the BlanksShort AnswerTrue / False

Standards

CCSS.MATH.CONTENT.7.RP.A.3CCSS.MATH.CONTENT.HSN.Q.A.1

Topics

business mathfinancial literacygrade 10percentagesinterestprofitloss
6 sections · Free to use · Printable
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Grade 10 Business Math Worksheet

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Date:

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Read each question carefully and answer to the best of your ability. Show all your work for full credit.

1. A business buys an item for $50 and sells it for $75. What is the percentage profit?

a

25%

b

33.3%

c

50%

d

75%

2. If a product that originally cost $120 is sold at a 15% discount, what is the new selling price?

a

$18

b

$102

c

$115

d

$138

3. The money gained from a business activity is called  .

4. When expenses are greater than revenue, a business experiences a  .

5. Simple interest is calculated on the original   amount only.

6. A bank offers a simple interest rate of 4% per year. If you deposit $1500, how much interest will you earn in 3 years?

7. A small bakery sells cupcakes for $3.50 each. If the cost to make one cupcake is $1.25, and they sell 100 cupcakes in a day, what is their total profit for the day?

8. Gross profit is calculated by subtracting operating expenses from revenue.

T

True

F

False

9. A markup is the amount by which the cost of a product is increased to determine the selling price.

T

True

F

False