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MEAP Preparation - Grade 7 Mathematics
1.111 Finding Profit Percentage


Percentage of profit = (20/250) x 100 = 0.08 = 8%
Directions: Answer the following questions. Also write at least ten examples of your own.

Name: ___________________

Date:___________________

MEAP Preparation - Grade 7 Mathematics
1.111 Finding Profit Percentage

Q 1: Cost price = $4000 and selling price = $4500, what is the profit percentage?
2 1/12%
1 2/12%
12 1/2%

Q 2: Cost price = $3600 and selling price = $4000, what is the profit percentage?
1 9/11%
9 1/11%
11 1/9%

Q 3: Cost price = $2500 and selling price = $3000, what is the profit percentage?
15%
25%
20%

Q 4: Cost price = $6000 and selling price = $8000, what is the profit percentage?
33 1/3%
1 3/33%
5 1/33%

Q 5: Cost price = $6500 and selling price = $9000, what is the profit percentage?
13 6/38%
6 13/38%
38 6/13%

Q 6: Cost price = $5500 and selling price = $7000, what is the profit percentage?
3 11/27%
11 3/27%
27 3/11%

Q 7: Cost price = $3000 and selling price = $3300, what is the profit percentage?
10%
15%
30%

Q 8: Cost price = $3500 and selling price = $3700, what is the profit percentage?
5 5/7%
7 5/7%
6 5/7%

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