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8 - Mathematics M1.CA.1 - Profit, Loss, Discount & Mark-up

⭐ +320 XP
  • ✓calculate discount, sales tax, profit and loss
  • ✓calculate percentage profit and percentage loss
  • ✓express a profit, loss, discount, mark-up and purchase tax as a percentage of some value
  • ✓solve problems involving marked price, selling price, cost price, profit, loss or discount
⏱ 0 mins🎯 64 marks
💡Engage
On Boxing Day in Bridgetown, every shop window screams '50 % OFF!' or 'BUY 2 GET 1 FREE!' Shoppers who can quickly calculate the REAL price walk away with savings; those who can't end up paying more than they thought. CSEC Mathematics arms you with the formulas every Caribbean shopper needs.
💡Engage
💡Engage
Memory Hook / Mnemonic: PCS. Profit = Selling − Cost; SCM. Selling = Cost + Mark-up.
💡EngageQuestion 7 of 32

Make a prediction before we start: which statement do you think best describes cost price (cp)?

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💡Engage
On Boxing Day in Bridgetown, every shop window screams '50 % OFF!' or 'BUY 2 GET 1 FREE!' Shoppers who can quickly calculate the REAL price walk away with savings; those who can't end up paying more than they thought. CSEC Mathematics arms you with the formulas every Caribbean shopper needs.
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