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4J

Calculating percentage change, profit and loss

255

Exercise 4J

UNDERSTANDING AND FLUENCY

1–4, 5(½), 6, 7 3, 4, 5(½), 6, 7

6, 7

1 Calculate the profit made in each of the following situations.

a Cost price = $14, Sale price = $21

b Cost price = $75, Sale price = $103

c Cost price = $25.50, Sale price = $28.95

d Cost price = $499, Sale price = $935

2 Calculate the loss made in each of the following situations.

a Cost price = $22, Sale price = $9

b Cost price = $92, Sale price = $47

c Cost price = $71.10, Sale price = $45.20

d Cost price = $1121, Sale price = $874

3 Which of the following is the correct formula for working out percentage change?

change

original value

A % Change =

B % Change =

original value

change

C % Change = change × 100% D % Change =

4 The formula used for calculating percentage loss is: % Loss =

× 100%

change

original value × 100%

loss

cost price × 100% .

Which of the following would therefore be the formula for calculating the percentage discount?

A % Discount = discount

cost price × 100%

C % Discount = discount × 100%

cost price

B % Discount = × 100%

discount

D % Discount = discount × cost price

100%

Example 30

5 Find the percentage change (profit or loss) when:

a $20 becomes $36

b $10 becomes $13

c $40 becomes $30

d $25 becomes $21

e $12 becomes $20

f $8 becomes $11

g $6 becomes $4

h $150 becomes $117

6 Find the percentage change (increase or decrease) when:

a 15°C becomes 18°C

b 18°C becomes 15°C

c 4°C becomes 24°C

d 12°C becomes 30°C

7 Find the percentage change in population when:

a a town of 4000 becomes a town of 5000

b a city of 750 000 becomes a city of 900 000

c a country of 5 000 000 becomes a country of 12 000 000

Cambridge Maths NSW

Stage 4 Year 8 Second edition

ISBN 978-1-108-46627-1 © Palmer et al. 2018

Cambridge University Press

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