We need to write the loss as a fraction of the cost price: 2700
______ 18000 = 3
__ 20 and 3
__ 20 as % = 15%
1. Find the loss and the percentage loss of each of these. Bicycle Motorbike Scooter €240 €160
Cost price Selling price
€3500 €2800
€2900 €2030
Car
€15000 €11250
2. Calculate the selling price for each of these. a) A bracelet bought for €25 and sold at a loss of 20% b) A violin bought for €750 and sold at a loss of 46% c) A kitchen table bought for €225 and sold at a loss of 16% d) A pair of rollerblades bought for €120 and sold at loss of 15%
3. A supermarket bought wine at a cost of €6 per bottle but had to sell it at €4.50 per bottle, as the labels were damaged. Calculate the percentage loss per bottle.
4. Calculate the percentage profi t or loss made on each of these items. a) A dining room suite bought for €1200 and sold for €960 b) A TV bought for €600 and sold for €732 c) A washing machine bought for €320 and sold for €224 d) A boat bought for €21000 and sold for €26460
Van
€24000 €14400
Homework 1. Express these fractions as percentages. a) 49 f)
___ 100
___ 100
73 b) 8
___ 100
g) 89 ___
100
c) 27 ___
h) 67 ___
– 5 = ___
100 = % b) 9 __
100 100 10 c) 3
– 4
d) 13 ___
i)
100 55
___ 100
2. Convert the fractions to hundredths and then percentages. a) 3