2nd Form Consumer Arithmetic

If I buy a shirt for $25 and sell it for $40, do I make a profit or a loss?

• Profit

• Loss

What is 25% of 400?

• 25

• 400

• 100

• 250

What is the selling price of a lamp marked at $80 after 15% VAT is added?

• $95

• $68

• $80

• $92

The regular price of a pair of shoes is $200. You bought them on the store keeper's birthday so she gave you a 5% discount. How much did you pay for the shoes?

• $190

• $195

• $500

• $100

You opened a savings account at NBD and deposit $5000. NBD promises 2% interest per annum. How much money will be in the account after 1 year?

• $100

• $5100

• $4900

• $5002

Mark bought a cake mixer for $500 and sold it for $450. Calculate his PERCENTAGE loss.

• 90%

• 50%

• 10%

• 5%

Cynthia bought a dress for $12 from Shein. She wants to make a 50% profit. How much should she sell the dress for?

• $100

• $62

• $6

• $18

Calculate the simple interest on a loan of $3300 at 11% per annum.

• $11

• $363

• $300

• $3000

Calculate the final price on a printer which is marked at $300 after the addition of 7% tax.

• $321

• $307

• $107

• $21

What is 10% of 200?

• 10

• 20

• 2000

• 15