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Discount, GST, Profit & Loss

Name: ______________________Class: ________Date: ____________Score: ____ / 10
  1. 1.

    A jacket costs $120. It is sold at a 25% discount. Find the sale price.

    Answer: ____________________________________

  2. 2.

    A toy costs $40 and is sold for $52. Find the percentage profit.

    Answer: ____________________________________

  3. 3.

    A laptop costs $800 and is sold for $680. Find the percentage loss.

    Answer: ____________________________________

  4. 4.

    An item priced at $200 has 9% GST added. What is the total price?

    Answer: ____________________________________

  5. 5.

    A shopkeeper buys goods for $500 and wants to make 20% profit. What should the selling price be?

    Answer: ____________________________________

  6. 6.

    After a 15% discount and 9% GST, what is the final price of a $200 item?

    Answer: ____________________________________

  7. 7.

    A book is bought for $25 and sold for $20. Is this a profit or loss? By what percentage?

    Answer: ____________________________________

  8. 8.

    A dress marked at $80 is offered at 'buy 2 get 1 free'. If you buy 3, what is the effective discount per dress?

    (a) 25%(b) 30%(c) 33.3%(d) 50%
  9. 9.

    A stall sold 50 cups of drinks at $1.50 each. The cost of ingredients was $30. Find the profit.

    Answer: ____________________________________

  10. 10.

    A car dealer buys a car for $20,000 and sells it for $17,000. Find the percentage loss.

    Answer: ____________________________________

Answer key โ€” P6 Math: Discount, GST, Profit & Loss

For parents. Step-by-step explanations for every question are free on brightbit.net.

  1. 1.90
  2. 2.30%
  3. 3.15%
  4. 4.218
  5. 5.600
  6. 6.185.30
  7. 7.Loss of 20%
  8. 8.(c) 33.3%
  9. 9.45
  10. 10.15%
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