For each of the following transactions, find :
(i) The profit or loss
(ii) the percentage profit or loss.
Problem 1 :
I bought a CD set for $50 and then sold it for $30.
Problem 2 :
Jon bought a car for $5000 and then sold it for $6250.
Problem 3 :
Jodie bought a bicycle for $200 and then sold it for $315.
Problem 4 :
Hilda sold for $816 a refrigerator which cost her $680.
Problem 5 :
Frank sold for $422.50 a kitchen sink which cost him $325.
Problem 6 :
A second hand car dealer purchased a motor vehicle for $22500. It was sold one week later for $27000. Find the profit made on the sale of the car, then express this profit as a percentage of the cost price.
Problem 7 :
A retailer buys forty pairs of running shoes for a total price of $3400. He then sells the shoes for $123.25 per pair. Calculate the total profit and express this profit as a percentage of the cost price.
Problem 8 :
A newsagent buys 120 magazines for $1.20 each. If only 72 of the magazines are sold for $1.95 each, determine whether the newsagent made a profit or a loss. Express the profit or loss as a percentage of the cost price.
(1) Loss % = 40%
(2) Profit % = 25%
(3) Profit % = 57.5%
(4) Loss % = 16.6%
(5) Profit % = 30%
(6) profit % = 20%.
(7) Profit = 45%
(8) Loss % = = 2.5%
Apart from the stuff given above, if you need any other stuff in math, please use our google custom search here.
If you have any feedback about our math content, please mail us :
We always appreciate your feedback.
You can also visit the following web pages on different stuff in math.
Negative exponents rules
APTITUDE TESTS ONLINE
ACT MATH ONLINE TEST
TRANSFORMATIONS OF FUNCTIONS
ORDER OF OPERATIONS
MATH FOR KIDS
Word problems on linear equations
Trigonometry word problems
Word problems on mixed fractrions
Ratio and proportion shortcuts
Converting repeating decimals in to fractions