Quiz 3

1. If a profit ofGHC2 is made on an item which costs GHC40, what is the profit percent?

2. A loss of GHC5 was made on an item which costs GHC200. Find the loss percent.

3. If Rita buys a text book for GHC28 and sells it for it for GH¢35,what will be her profit percent?

4. If an item costing GHC30,000 was sold for GHC21,000, what is the loss percent?

5. If a man bought a phone for GHC125 and sold it for a profit of 20%, what was his selling price?

6. A table which cost GHC2400 to manufacture was sold for GHC3000. Find the profit percent.

7. A woman bought 210 oranges for GHC650. She sold 3 of them for GHC20. How much profit does she make?

8. A trader sold 90 oranges at 3 for GHC50. how much did she get from selling the oranges?

9. A Man bought a car for GHC5.5 million and sold it for GHC6.5 million. Find the percentage gain.

10. A Shop increased all its prices by 10%. Calculate the new price for the article which previously sold for GHC7500.