Consumer Arithmetic PDF
Consumer Arithmetic PDF
$12,500- $12,000
1. The cost of a washing machine is $12,500 and the selling price is $12,000. -$500
(a) Was there a profit or a loss? Answer= Loss
(b) What was the profit/loss? Answer= $500.00 12500/500 = 25
(c) What is the profit/loss percentage? Answer= 4% 500= 4%
5. Harry sells his calculator for a profit of 20%. If he bought it for $290, for
how much did he sell it? =$348 $290/5= 58
$290+58= $348