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Percentage
Exercise 4 (Page 1, 2 & 3) - Example 		Home
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In a shop, the shopkeeper sells the items to us at a price, which is called SELLING PRICE.
The shopkeeper purchases these items at a price, which is called COST PRICE.

The shopkeeper may sell an item at a price (markup price) more than the cost price, then he gets a PROFIT.
Selling price - Cost Price = Profit

Sometimes the shopkeeper may sell an item at a price (discount) lower than the cost price, then he incur LOSS.
Cost price - Selling Price = Loss

1. In shop-A regular price of a candy is 80 cents, it has 25% off of its regular price. Find the price of the candy after discount?

Discount = regular price x rate of discount

        = 80 x 25/100 = 20 cents

Sale price = regular price - discount

Sale price of a candy: 80 - 20 = 60 cents

2. A shop paid 80 cents for a candy, but they sold it for a markup of 5%. Find the selling price of the candy in the shop?

Markup price = cost price x markup

        = 80 x 5/100 = 4 cents

Selling price = cost price + markup price

        = 80 + 4 = 84 cents

3. Cost price of a candy for the shop is 80 cents and they sold it for 85 cents. Find the profit percent for the shop?

Profit = 85 - 80 = 5 cents

        = 5/80 x 100

   Profit = 6.25%



4. Cost price of a candy for the shop is 90 cents and they sold it for 85 cents. Find the loss percentage for the shop?

Loss = 90 - 85 = 5 cents

        = 5/90 x 100

   Loss = 5.56%




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