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MEAP Preparation - Grade 7 Mathematics1.111 Finding Profit Percentage

 Percentage of profit = (20/250) x 100 = 0.08 = 8% Directions: Answer the following questions. Also write at least ten examples of your own.
 Q 1: Cost price = \$5500 and selling price = \$7000, what is the profit percentage?3 11/27%27 3/11%11 3/27% Q 2: Cost price = \$2500 and selling price = \$3000, what is the profit percentage?25%15%20% Q 3: Cost price = \$3500 and selling price = \$3700, what is the profit percentage?6 5/7%7 5/7%5 5/7% Q 4: Cost price = \$290 and selling price = \$300, what is the profit percentage?3 13/29%29 3/13%13 3/29% Q 5: Cost price = \$3000 and selling price = \$3300, what is the profit percentage?10%30%15% Q 6: Cost price = \$6500 and selling price = \$9000, what is the profit percentage?38 6/13%6 13/38%13 6/38% Q 7: Cost price = \$6000 and selling price = \$8000, what is the profit percentage?33 1/3%5 1/33%1 3/33% Q 8: Cost price = \$5000 and selling price = \$6000, what is the profit percentage?20%15%30% Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!