Exercises: Applications - Percentages, Profit, Loss, and Interest

Work through each section in order. Give money amounts in shillings and show the
percentage or formula used at each step.

Grade 7·24 problems·~28 min·Uganda NCDC Primary 7 Mathematics·lesson·fractions-04

Work through problems with immediate feedback

Fluency Practice

A radio has a cost price of 5,000 shillings and a selling price of 6,500 shillings. Find the percentage profit.

$23\%$ , computed as $\frac{1500}{6500} \times 100$ (dividing by the selling price)

$130\%$ , computed as $\frac{6500}{5000} \times 100$

$15\%$ , computed as $\frac{1500}{10000} \times 100$

$30\%$ , computed as $\frac{1500}{5000} \times 100$ (dividing by the cost price)