Mathematics (US) - 0444 CIE

Percentages, Interest And Profit

Akopọ

Percentages are the language money speaks. A discount in a sale, the interest on a loan, a profit on a sale, the tax on a receipt: all of them are percentages, and being quick with them is one of the most useful everyday skills mathematics gives you.

In this lesson you will find percentages of quantities, handle percentage increase and decrease, and tackle the two ideas examiners love: the difference between simple and compound interest, and profit and loss as percentages. Master these and a whole class of exam questions becomes routine.

Awọn Afojusun

  1. Calculate percentages of quantities, percentage increase and decrease, simple and compound interest, and profit and loss.

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Akọ̀wé Ẹ̀kọ́

Every price drop, bank statement and business report uses percentages. Because a percentage is a number out of 100, it lets you compare things fairly even when the totals differ. Getting fluent here pays off across the whole syllabus and far beyond the exam, in any decision involving money.

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Oriire fun ipari ẹkọ lori Percentages, Interest And Profit. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

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  1. Increase $50 by 30%. A. $15 B. $65 C. $80 D. $150 Answer: B
  2. A trader buys for $40 and sells for $50. What is the percentage profit? A. 10% B. 20% C. 25% D. 80% Answer: C
  3. $2000 is invested at 5% per year compound interest. What is the value after 2 years? A. $2100.00 B. $2200.00 C. $2205.00 D. $2210.00 Answer: C
  4. What is the simple interest on $500 at 4% per year for 3 years? A. $20 B. $40 C. $60 D. $600 Answer: C
  5. A coat costing $80 is reduced by 15%. What is the sale price? A. $12 B. $65 C. $68 D. $92 Answer: C

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