Mathematics Worksheet/Social Arithmetic/Loss and Profit

Do the following story problems carefully and round to the nearest cent if applicable. (6 questions)  {A television is sold at a price of $960. If you get a 25% profit, determine the buying price. { $768|768_7 }
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{Mr. Bayu buys a car at a price of $5000. Because the car is broken he sells it, getting a price of $8000. Does he suffer a profit or a loss? Determine the percentage of his profit or loss. { +60%|60%|60_7 }
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{Mrs. Katie buys a calculator with a price of $86. She sells it for a profit of 18.5%. Determine the sale price for the calculator. { $101.91|101.91_7 }
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{Mrs. Grace sells a necklace priced $360. She get a profit of 15%. How much did Mrs. Grace buy the necklace? { $313.04|313.04_7 }
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{Mr. Gani buys a horse for $180. Because the horse is sick, he sells it at a price of $135. Determine the percentage of his loss. { -25%|-25|25%|25_7 }
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{Shrill Investments buy 100 shares at $40. A day later they sell half of them at $50. The remainder are sold today at a price of $35. What profit do they make? { +$250|$250|250_7 }
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