Exercises: Loss and Profit

Work through each section in order. Show your working: identify whether each scenario is profit or loss before calculating.

Grade 6·22 problems·~29 min·Uganda NCDC Primary 6 Mathematics·lesson·fractions-05

Work through problems with immediate feedback

Recall / Warm-Up

A shopkeeper's cost price (CP) is 30,000 shillings and selling price (SP) is 40,000 shillings. Calculate the profit, in shillings.

A trader's cost price (CP) is 50,000 shillings and selling price (SP) is 45,000 shillings. Calculate the loss, in shillings.

What is the difference between cost price and selling price?

A shopkeeper buys a radio for 50,000 shillings (CP) and sells it for 65,000 shillings (SP). Calculate the profit, in shillings.

A shopkeeper buys shirts for 80,000 shillings (CP) and sells them for 64,000 shillings (SP). Calculate the loss, in shillings.

A trader buys goods for 50,000 shillings (CP) and sells them for 60,000 shillings (SP). Calculate the profit percentage.

A shopkeeper buys items for 40,000 shillings (CP) and sells them for 32,000 shillings (SP). Calculate the loss percentage.

You're viewing 2 of 6 sections.

Create a free account to continue the full exercise set and save your progress.

0 of 7 answered

Answer all problems to submit.

Was this practice set helpful?