Percentages — O/L Mathematics

How do I practise Percentages?

1 question with a worked solution

1. A trader buys a television for Rs. 50,000 and sells it at a profit of 15%. What is the selling price of the television?
   1. A) Rs. 55,000
   2. B) Rs. 57,500
   3. C) Rs. 60,000
   4. D) Rs. 58,000
   Check my answer

   Correct answer: B) Rs. 57,500

   Profit amount = 15% of 50,000 = (15/100) × 50,000 = Rs. 7,500. Selling Price = Cost Price + Profit = 50,000 + 7,500 = Rs. 57,500.

   Show worked solution

   Step 1: Calculate profit percentage on cost: Profit = 50,000 × 0.15 = Rs. 7,500. Step 2: Add profit to cost: Selling Price = 50,000 + 7,500 = Rs. 57,500. (Alternatively: Selling Price = 50,000 × 1.15 = Rs. 57,500). Answer: Rs. 57,500.
   Modelled on: the O/L Mathematics examination pattern

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Where does Percentages fit in the syllabus?

Grade 10 · Term 2 · Grade 11 · Term 1