Fractions, Decimals And Percentages Worksheet - Level 2 Page 8
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14We’re on the way
Here’s a possible solution:
Extract the relevant
R
information from the question
£15 3 £5
– the weight of ingredients is
A 50% price reduction means Julie saves
information you do not need
£2.50 when she buys this week’ s ingredients.
Find both the normal
A
cost and the reduced cost of
fl our
Normal profi t 5 £5.50 £27.50 £15 £12.50
£12.50
Normal percentage profi t 12.50 15 100 83.3%
83.3%
To fi nd percentage
A
profi t, calculate the profi t fi rst.
Then divide the profi t by the
cost price
New profi t = £27.50 − £12.50 £15
Find the change in
New percentage profi t 15 12.50 100 120%
A
percentage profi t
Julie’ s percentage profi t increases by
approximately 37%.
Explain your fi ndings
I
Have a go
11 A supermarket sells fi sh fi ngers in two sizes of box.
Regular size
Box of 8
£3.99
Box of 16
£5.99
Jumbo size
The supermarket has a special offer.
Mrs Nahit needs 50 fi sh fi ngers.
What is the cheapest way to buy fi sh fi ngers?
12 Mike buys 24 keyrings for £9.20
He sells the keyrings to the members of the maths club for 60p each.
The price of packs of 24 keyrings increases to £10.60
Mike needs to decide how much to sell each keyring for now.
He wants to keep the same percentage profi t. He does not want to
charge a price where he has to give change using 1p or 2p coins.
How much should Mike sell each keyring for now?
25
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