Using Percentage Worksheets With Answer Key - S1 Topic 15 Page 13

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In business, when the selling price is greater than the cost price, we are making a
__________.
When the selling price is less than the cost price, we are making a _______________.
profit
Profit rate =
100
%
cost
price
Selling price = Cost price + profit
= Cost price × (1+ profit rate)
loss
Loss rate =
100
%
cost
price
Selling price = Cost price – loss
= Cost price × (1- loss rate)
i) Fill in the missing information in the following dialogues.
ii) Practise the following dialogues with your partner. Take turns to play the role of A and B.
For Dress A
Student A: What is the selling price of dress A?
Student B: The selling price of dress A is ______________.
Student A: What is the discount per cent of dress A?
Student B: The discount per cent of dress A is ______________________.
Student A: Comparing with the cost price, could you tell me whether the department store is
having a profit or a loss?
Student B: The department store is making ________________________.
The profit / loss is $___________ and the profit / loss percentage is _______.
 
  13 
S1 Topic 15: Percentages

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