Podcast
Questions and Answers
Calculate the profit percentage if the selling price is $1200 and the cost price is $1000?
Calculate the profit percentage if the selling price is $1200 and the cost price is $1000?
20%
Convert the fraction 3/5 to a decimal and then to a percentage.
Convert the fraction 3/5 to a decimal and then to a percentage.
0.6, 60%
If an item originally costs $80 but is on sale at a 25% discount, what is the sale price?
If an item originally costs $80 but is on sale at a 25% discount, what is the sale price?
$60
What is the profit percentage if the selling price is $1500 and the cost price is $1200?
What is the profit percentage if the selling price is $1500 and the cost price is $1200?
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If an item originally costs $200 but is on sale at a 40% discount, what is the sale price?
If an item originally costs $200 but is on sale at a 40% discount, what is the sale price?
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Convert the fraction 7/8 to a decimal and then to a percentage.
Convert the fraction 7/8 to a decimal and then to a percentage.
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Study Notes
Profit Percentage Calculations
- To calculate profit percentage, use the formula: (Selling Price - Cost Price) / Cost Price × 100
- Example: Selling Price = $1200, Cost Price = $1000, Profit Percentage = ($1200 - $1000) / $1000 × 100 = 20%
Converting Fractions to Decimals and Percentages
- To convert a fraction to a decimal, divide the numerator by the denominator
- Example: 3/5 = 3 ÷ 5 = 0.6
- To convert a decimal to a percentage, multiply by 100
- Example: 0.6 × 100 = 60%
Discounts and Sale Prices
- To calculate sale price, subtract discount amount from original price
- Example: Original Price = $80, Discount = 25%
- Discount Amount = $80 × 0.25 = $20
- Sale Price = $80 - $20 = $60
More Profit Percentage Calculations
- Example: Selling Price = $1500, Cost Price = $1200, Profit Percentage = ($1500 - $1200) / $1200 × 100 = 25%
More Discounts and Sale Prices
- Example: Original Price = $200, Discount = 40%
- Discount Amount = $200 × 0.4 = $80
- Sale Price = $200 - $80 = $120
More Conversions
- Example: Convert 7/8 to a decimal: 7 ÷ 8 = 0.875
- Convert 0.875 to a percentage: 0.875 × 100 = 87.5%
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Description
Test your skills in converting between fractions, decimals, and percentages in various contexts. Practice calculating profit percentage, loss percentage, and percentage discount. Strengthen your abilities in adding, subtracting, and dividing decimal numbers for problem-solving scenarios.