Percentage Profit and Loss

Percentage Profit and Loss

Secondary 1

A book costs \(\$5.70\).

  1. If the book is sold for \(\$12.90\), express the profit as a percentage of the cost price.
  2. If the book is sold for \(\$4.90\), express the loss as a percentage of the selling price.

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Answer:(i) \(126\dfrac{6}{19}\%\), (ii) \(16\dfrac{16}{49}\%\)

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