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2 marksPercentage Profit and Loss

CSEC Mathematics · May/June 2016 · Paper 2 · Question 1(b)(ii)

Paul bought and sold a computer. The cost price was 1064, marked price was 1399, and a 5% discount was given on the marked price if paid by cash.

Calculate the profit or loss as a percentage of the cost price.

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Other parts of this question

  1. 1(a)(i)Calculate 3 3/8 - 2 1/4 / 1 1/2, giving your answer as a fraction in its lowest terms.[2 marks]
  2. 1(a)(ii)Calculate (2.86 + 0.75) + 0.481^2 giving your answer correct to 2 decimal places.[2 marks]
  3. 1(b)(i)Calculate the selling price (paid cash).[2 marks]
  4. 1(c)Which size of orange juice is the most cost-effective buy? Justify your answer.[3 marks]

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