# Mathematics World - Home

• Docx File13.10KByte

• ### How to calculate profit

• Docx File 13.10KByte

﻿

Percentage Profit and Percentage LossCalculate the percentage loss:Cost price of an article= \$28Selling price of the article = \$21Albert bought his bicycle for \$275. He sold it for \$350.What was the amount of profit?What was the amount of his percentage profit?A dealer buys 50 apples for \$40 and sells them for \$1.20 each. Calculate his percentage profit.Mrs. Jones bought 25 mangoes for \$7.50. She sold 12 mangoes for 60 cents each and the remainder for 55 cents each. Calculate her percentage profit or loss. State whether she made a profit or loss.Mr. Roberts bought a gas cooker for \$945. He sold it to a customer for \$803.25 due to damage.Calculate:The loss(b) the percentage lossA shopkeeper buys a stove from a manufacturer for \$860.Calculate:The selling price if he makes a profit of 15%The selling price if he incurs a loss of 15%A businessman bought a personal computer for \$10,768.Calculate the selling price of the personal computer if he made a profit of 12%The computer’s casing was damaged in transporting it to the customer. Determine the selling price of the personal computer if he incurred a loss of 2% on the cost price.An entrepreneur buys a computer game from a manufacturer for \$975. Calculate the selling price if he makes a profit of 25%(b) 12.5%An entrepreneur buys a compact disc from a manufacturer for \$1,245. Calculate the selling price if he makes a profit of30%(b) 15%A businesswoman bought a refrigerator from a manufacturer for \$1,378. Calculate:The selling price if she makes a profit of 17.5%The selling price if she incurs a loss of 3.5% ................
................