2023-24 Mathematics Rationalised: Profit and Loss Scenarios

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14 Questions

What does a positive sign represent in the context of profit and loss?

Earnings

How are negative numbers represented in the context of temperature?

Temperature below 0°C

What happens when whole numbers and negative numbers are combined?

They form a new collection known as integers

Which collection of numbers includes 0, 1, 2, 3, 4, ..., -1, -2, -3, -4, -5, ...?

Integers

Which of the following best represents loss in the context of profit and loss?

What does a negative number represent in the context of height above sea level?

Below sea level

If earnings are denoted by '+', what would be the representation for spendings?

When whole numbers and negative numbers are combined, what is formed?

Integers

What is the new collection of numbers formed when zero is added to natural numbers?

Whole numbers

'1, 2, 3,...' are referred to as which type of integers in the collection of Integers?

Positive integers

What does a '–10°C' indicate in terms of temperature?

-10°C

'Height becomes lesser as we go lower and lower.' Indicates that lower heights are represented by which type of numbers?

-ve numbers

'Temperature above 0°C is denoted by ‘+’ sign.' What does this statement imply about representing temperature?

+ve sign indicates temperature above 0°C

'4, 5,..., –1, – 2, – 3, –4, –5,...' form which collection of numbers?

-ve integers

Explore scenarios of profit and loss in a shopkeeper's account. Learn how profit is represented by a positive sign and loss by a negative sign. Discover practical examples where these signs are used, such as measuring height above and below sea level.

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