Percentages 5F.1

Question 1

If a car is sold for $13,500 and sold again 3 days later for $18,000, find the percentage profit made on the car. (round to the nearest whole percent).

Answer 1

33%

Question 2

Find the percentage profit or loss on a board game that is bought for $38 and sold for $15. (Round to 1 decimal place)

Answer 2

60.5% loss

Question 3

If an apple is bought for $2 and sold for $5.50, find the profit made on the apple.

Answer 3

$3.50

Question 4

If a packet of chips cost $4.50 for a shopkeeper to buy and then was sold onto the customer for $6.50, find the percentage profit made by the shopkeeper. (Round your answer to one decimal place)

Answer 4

44.4%

Question 5

A pack of oranges are worth $12.00 at the supermarket but Joyce decides to sell them to her neighbour for $16.00. What is her profit as a percentage of the cost price?

Answer 5

33%

Question 6

I bought a tent for $1,000 but sold it for $849. What is the percentage loss? Round to a whole number.

Answer 6

15%

Question 7

I bought a Porsche for $234,000 and sold it for $320,000. What is the percentage loss or profit. Round to one decimal place.

Answer 7

36.8% profit

Question 8

I buy a TV for $500 and sell it for $300. Find the percentage profit or loss.

Answer 8

40% loss