Profit & Loss: Mixed Review
Mathematics
GCSE Higher
12 questions
~24 mins
1 views0 downloads
About This Worksheet
A worksheet focused on Profit & Loss, covering key concepts and calculations related to percentage change, designed for GCSE Higher students.
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Full preview • 12 questions
Profit & Loss: Mixed Review
Subject: MathematicsGrade: GCSE Higher
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Untitled Worksheet
Grade GCSE Higher
A
Practice Questions
Answer all questions. Show your working in the grid spaces provided.
1.
A shop buys an item for £50 and sells it for £65. Calculate the percentage profit made on the item.
[3 marks]2.
A retailer makes a loss of 10% on a product that costs £80. What is the selling price?
[3 marks]3.
A trader bought items costing £200 and sold them for £250. What was the percentage profit?
[2 marks]4.
Construct a rectangle on the grid with a length of 6 units and a width that gives a profit of 20% if sold at £36. Find the cost price of the rectangle.
[4 marks]5.
A shop sells an item at a 25% profit. If the selling price is £150, what was the cost price?
[3 marks]6.
A product originally costs £60. It is marked up by 40%. What is the new selling price?
[3 marks]7.
In a sale, an item sold for £45 after a 10% discount. Find the original marked price.
[3 marks]8.
A calculator shows a profit of 15% on a product. If the cost price is £85, what is the profit amount?
[2 marks]9.
A retailer bought 50 items at £30 each and sold all for a total of £1,500. Calculate the percentage profit per item.
[4 marks]10.
A pair of shoes was bought for £40 and marked up by 25%. During a sale, it was sold at a 10% discount on the marked price. What was the final selling price?
[4 marks]11.
A shopkeeper mistakenly calculates profit as 20% when it is actually 25%. If the cost price is £80, find the incorrect profit amount and the correct profit amount.
[5 marks]12.
Identify and correct the error in the following calculation: A product costs £70, and a profit of 20% is added, resulting in a selling price of £84.
[5 marks]Quick Actions
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet