FINANCIAL MATHEMATICS

PERCANTAGE, PROFIT AND LOSS

Percentage

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Percentage
 Examples
1. Mary wants to buy some new gym shoes in the latest colours. They
are marked at $210 but she is given a discount of 20%. How much is
the discount worth and how much will she pay if she decides to buy
them?

2. Symo sold an old pair of joggers on ebay for $160. He originally paid
$120 for them. What percentage profit did he make?
What is a profit? When does one
experience a profit?

Profit made is the amount gained

on a transaction e.g. Frankie
bought a bicycle pump for $15 and
sold it for $25. How much profit
did he make?
What is a loss? When does one experience a loss?

A loss made is the amount lost

on a transaction.

 E.g. Steve bought a bike helmet

for $60 and sold it for $45. Did he
make a profit or loss? How much
was this?
More
examples
QUESTIONS
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