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Financial Mathematics

The document discusses key concepts in financial mathematics including percentage, profit, and loss. It provides examples of calculating percentage discounts on purchases, determining percentage profit from sales, and calculating profit and loss on transactions. Questions are presented on calculating the discount and final price of an item with a 20% discount, determining the percentage profit from selling an item for more than its original purchase price, and examples of calculating profit and loss amounts based on differences between purchase and sale prices.
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0% found this document useful (0 votes)
75 views8 pages

Financial Mathematics

The document discusses key concepts in financial mathematics including percentage, profit, and loss. It provides examples of calculating percentage discounts on purchases, determining percentage profit from sales, and calculating profit and loss on transactions. Questions are presented on calculating the discount and final price of an item with a 20% discount, determining the percentage profit from selling an item for more than its original purchase price, and examples of calculating profit and loss amounts based on differences between purchase and sale prices.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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FINANCIAL MATHEMATICS

PERCANTAGE, PROFIT AND LOSS


Percentage

• 
Percentage
Examples
1. Mary wants to buy some new gym shoes in the latest colours. They
are marked at $210 but she is given a discount of 20%. How much is
the discount worth and how much will she pay if she decides to buy
them?

2. Symo sold an old pair of joggers on ebay for $160. He originally paid
$120 for them. What percentage profit did he make?
What is a profit? When does one
experience a profit?

Profit made is the amount gained


on a transaction e.g. Frankie
bought a bicycle pump for $15 and
sold it for $25. How much profit
did he make?
What is a loss? When does one experience a loss?

A loss made is the amount lost


on a transaction.

 E.g. Steve bought a bike helmet


for $60 and sold it for $45. Did he
make a profit or loss? How much
was this?
More
examples
QUESTIONS
ARISING

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