Unit 8 Lesson 5: Exercise 1

1) Terry was doing a makeover on his house. He sold most of his furniture for an amount of £115,000. He made a loss of £44,000. How much did he buy his furniture?

2) Lisa sold her mountain bike for £369.20 and made a profit of £55.00. How much did she buy the mountain bike?

3) Hannah bought a dinner dress for £105 and sold it after the dinner to her friend for £99. Find her loss from the sale of the dress.

4) A carton of milk costs £6.60. If I sell the carton of milk for £7.90, what is my profit per cent?

5) The cost price of an item is $15 the selling price is $24, calculate:

a) the profit. b) the percentage profit.

6) The cost price of an item was $35. Find the selling price if the profit was 20%.

7) A retailer made a loss of 15% on a machine costing $480. Find the selling price of the machine.

8) White woods’ store offers a fridge originally worth $1320 for $1200 on sale. What reduction percentage is being offered on sale?

9) By selling an article for $28.50, a trader made a loss of $5 on the cost price. Find: a) The cost price. b) The percentage loss.

10) Jane paid $369 for a dress. After graduation, she sold it back to the dressmaker for $199. Find:

a) Her loss from the sale.

b) Her loss as a percentage of the cost price.