1) 50%

2) 60%

3) 47%

4) 49%

5) 35.2%

6) -14.3% & a negative percentage profit means that the firm is making a loss

2) 60%

3) 47%

4) 49%

5) 35.2%

6) -14.3% & a negative percentage profit means that the firm is making a loss

**Working**

**Questions**

You may use a calculator for all of the questions in this quiz.

1) I purchase a bag for £16 and I sell the bag for £24. What is my percentage profit?

2) I sell a watch for £200. The watch costs me £125 to make. What is my percentage profit?

3) It costs me £245 to make a greenhouse. I sell the greenhouse for £360. What is my percentage profit? Give your answer to the nearest integer.

4) I sell 50 footballs for £10 each. All of the 50 footballs cost me £335 to produce. What is my percentage profit? Give your answer to the nearest integer.

5) I sell 300 coffee cups for £730. It costs me £1.80 to make each cup. What is my percentage profit? Give your answer to one decimal place.

6) It costs me £700 to make 10 tents. I sell all of the tents for £60 each. Find the percentage profit to the nearest integer and comment on the value.