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QR Challenge: Yr 8 Profit & Loss Trail

QuestionAnswer
1. Car cost $42,000 and is later sold for $36,000. What is the % loss?14.3%
2. Profit is to be 20%. If the original was $500 what is the ticket price?$600
3. Cost price is $720, loss of 30% $504
4. Cost price of $27, profit of 20%$34.40
5. Cost price is $400, selling price is $600 what is the %v profit?50%
6. Jai buys a bed for $2700 and later sells it for $1500. What is the % loss?44.4%
7. If an item is $70 before 10% gst is added, what is the ticket price?$77
8. if an item is $600 before gst is added, what is the ticket price?$660
9. a TV costs $2500 and is sold for $3000. what is the profit?$500
10 a TV costs $2500 and is sold for $3000. what is the % profit?20%
11. the cost after gst is $792 what is the pre gst cost?$720
12. The ticket price including GST is $34.64. What is the pre gst cost?$31.49
13. The cost of a box of chocolates is $18.70 after GST. What is it before GST?$17
14.A house was brought in 2001 for $465,000. I was sold in 2020 for $1,800,000. What was the % profit?287%
15. Cost price is $50 loss of 15%?$42.5
16. What is the GST that must be applied to a plumber bill of $450?$45
17. Selling price is $80, discount of 12%. New price is ?$70.40
18. Selling price is $120 increase by 12%. what is the new price?$134.40
19. Bike cost $120. There is a 15% markdown applied and then a 10% Loyalty card discount applied. What is the final price?$91.80
20. What is the final cost on an item what was $60 when GST is to be added?$66

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