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Practice: buying and selling, profit and loss

Practice: buying and selling, profit and loss

1

Work out the price after the change.

a
450 ₪, a 20% discount

    / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

    / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

    b
    1200 ₪, a 15% discount

      / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

      / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

      c
      2000 ₪ before VAT – the price with VAT

        / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

        / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

        2

        Solve.

        a
          b
            c
              3

              A laptop costs 3540 ₪ with VAT.
              What is its price without VAT?
              How many shekels of the price are VAT?

                / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                4

                A café buys a sandwich for 18 ₪, and sells it for 27 ₪.
                What is the café’s profit percent on a sandwich?

                  / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                  / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                  5

                  A game that costs 250 ₪ has a 25% discount, and at the till another 20% off the price after the discount.
                  How much does the game cost after the two discounts?
                  What is the whole discount, in percent?

                    / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                    / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                      / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                      / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                      6

                      A bakery’s fixed costs are 3000 ₪ a month.
                      Baking a cake costs 20 ₪, and the bakery sells each cake for 50 ₪.

                      a
                      How many cakes a month are the break-even point?
                        b
                        How many cakes a month must be sold to make a profit of 1500 ₪?
                        7

                        A pottery class pays 2000 ₪ to rent the studio and the kiln.
                        The materials cost 20 ₪ for every participant, and every participant pays 60 ₪.
                        On the graph, x\displaystyle x is the number of participants; the revenue y=60x\displaystyle {y}={60x}, and the cost y=20x+2000\displaystyle {y}={20x+2000} (the dashed line).
                        Mark the break-even point on the graph.
                        How many participants must sign up so that the class makes no loss?

                        y=60x\displaystyle y=60x
                        y=20x+2000\displaystyle y=20x+2000

                          / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                          / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                          8

                          A trader sold two phones, each for 1200 ₪.
                          On the first phone he made a 20% profit, and on the second a 20% loss.
                          How much did each phone cost the trader?
                          Did the trader make a profit in all, or a loss? How many shekels?

                          The first phone

                            / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                            / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                            The second phone

                              / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                              / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power

                                / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power

                                / – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power