Question

1. Albert bought his bicycle for $3567. He sold it for $4190.
a. What was the amount of his profit?
b. What was his percentage profit?

2. Mrs. Pryce bought a Washing Machine for $23, 309 and sold it for $29, 200.
a. What amount of profit did she make?
b. What was her profit percentage?

3. Mrs. Watson is a vendor at the Falmouth Market. She bought 5 dozen some
june plums from another vendor for $10 each. She sold her june plums for a
total of $800.
a. Did she make a profit or a loss?
b. What was the amount of profit or loss for Mrs. Watson?
c. What was her profit or loss percentage?

4. Carla bought a wristwatch for $3204 and sold it for $3000.
a. What was the amount of loss she incurred?
b. What was the loss percentage?

5. A businessman bought a personal computer for $98,400 and sold it for
$92,345.
a. What was the loss he incurred?
b. What was the loss percentage he incurred?

6. A dealer bought 60 apples for $50 each and sold them for a total of $2500.
a. Did the dealer make a profit or loss?
b. What was the amount of profit or loss for the dealer?
c. What was the dealer’s profit or loss percentage?

Answer 1

Answer:

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