Consumer Math Flashcards

1
Q

Hire Purchase Price

A

Deposit+ Monthly Installments

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2
Q

Simple Interest

A

Principle* Time* Rate/100

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3
Q

Principal

A

Interest100/TimeRate

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4
Q

Time

A

Interest100/PrincipleRate

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5
Q

Rate

A

Interest100/PrincipleTime

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6
Q

Profit

A

Selling Price- Cost Price

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7
Q

Loss

A

Cost Price- Selling Price

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8
Q

Profit /Loss %

A

Profit/Loss/Selling Price*100

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