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256 Chapter 4 Fractions, decimals, percentages and financial mathematics

PROBLEM-SOLVING AND REASONING

8, 9, 13 8–11, 13, 14

10–12, 14, 15

Example 31

8 Gari buys a ticket to a concert for $90 , but is unable to go. She sells it to her friend for $72 .

Calculate the percentage loss Gari made.

9 Estelle purchased a piece of sporting memorabilia for $120 . Twenty years later she sells it for $900 .

Calculate the percentage profit Estelle has made.

10 Xavier purchased materials for $48 and made a dog kennel.

He later sold the dog kennel for $84 .

a Calculate the profit Xavier made.

b Calculate the percentage profit Xavier made.

11 Gemma purchased a $400 foal, which she later sold for $750 .

a Calculate the profit Gemma made.

b Calculate the percentage profit Gemma made.

12 Lee-Sen purchased a $5000 car, which she later sold for $2800 .

a Calculate Lee-Sen’s loss.

b Calculate Lee-Sen’s percentage loss.

13 Explain why an increase of 10% followed by a decrease of 10% on the new price gives an answer

that is less than the original amount.

14 Which of the following stores is offering a larger percentage discount?

Store A: Jeans originally selling for $60 , now on sale for $51

Store B: Jeans originally selling for $84 , now on sale for $73.50

15 The circulation of a student newspaper at Burrough

High School was 60 copies in Term 1, 120 copies

in Term 2, 200 copies in Term 3 and 360 copies in

Term 4 .

a Calculate the percentage growth in circulation

between:

i Term 1 and Term 2

ii Term 2 and Term 3

iii Term 3 and Term 4

b In which term was there the greatest percentage

growth in circulation?

c What was the overall percentage growth in circulation over the course of the year?

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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