# 3.10 Profit and lost

 Page 1 / 1

## Memorandum

18.2

 Cost price Selling price Loss / Profit % Loss / Profit a) R623 24,92% profit b) R80 28,57% loss c) R9,99 27,75% profit d) R19,14 R2,64 e) R765 R135
• a) 14%
1. Jobcreating, housing, etc.
2. Milk, fresh fruit and veg. and meat

19.3 a) 41c

b) R2,66

c) R69,86

1. R770

20. Pay VAT firstly, and then get discount.

21.

a)>

b)<

c) =

d)<

e) =

f) =

g)>

h)>

i) 0,55

j) 0,125

k) 1,42

l) 0,03

m) 0,45

n) 0,075

o) 0,625

## Activity: profit and lost [lo 1.4, lo 2.3.3]

18. PROFIT AND LOST

18.1 Important to know!

Profit = selling price – cost price

 % profit = selling price – cost price cost price
×
 100 1
 = profit cost price
×
 100 1

Loss = when you pay more for an item than what you sell it for

 % loss = loss cost price
×
 100 1

18.2 Complete the table with help of your calculator.

 Cost price Selling price Loss / Profit % Loss / Profit Bv. R125 R160 R35 28% profit a) R2 500 R3 123 ................. ......................... b) R280 R200 ................. ......................... c) R36 R45,99 ................. ......................... d) R16,50 ................. ................. 16% profit e) R900 ................. ................. 15% loss

19.1 Did you know?

Value added tax (VAT) is an amount of money that is determined by the Minister of Finance. This forms part of the government’s budget. It is also called sales tax.

19.2 Find out

a) What % VAT are we currently paying? ……………………………………….

…………………………………………………………………………………………..

b) What does the government do with the money that comes in through VAT?

…………………………………………………………………………………………..

…………………………………………………………………………………………..

c) Which items are not taxed by VAT? …………………………………………..

…………………………………………………………………………………………..

…………………………………………………………………………………………..

19.3 Calculate the VAT at 14 % on the following amounts. You may use your calculator.

a) R2,95 : ………………………………………………………………………….

b) R18,99 : ………………………………………………………………………...

c) R499 : …………………………………………………………………………..

d) R 5 500 : ………………………………………………………………………..

20. BRAIN-TEASER!

You buy an article for cash and get a 10 % discount. You also have to pay 14 % VAT. What is the most advantageous for you: to first pay the tax and then get the discount or vice versa?

…………………………………………………………………………………………..

…………………………………………………………………………………………..

…………………………………………………………………………………………..

…………………………………………………………………………………………..

21. Can you complete the following mental test within 3 minutes?

 Fill in:<;>; = : Write as a decimal fraction: a) 0,8 ........... 8% i) 55% : .................... b) $\frac{3}{4}$ ............ 76% j) $\frac{1}{8}$ : .................... c) 60% ........... 0,6 k) 142% : .................... d) $\frac{4}{5}$ ............ 85% l) 3% : .................... e) 0,835 ........... 83,5% m) $\frac{9}{\text{20}}$ : .................... f) 0,02 ........... 2% n) $7\frac{1}{2}$ % : .................... g) $\frac{1}{3}$ ............ 33% o) $\text{62}\frac{1}{2}$ % : .................... h) 12,5% ............ $\frac{1}{8}$

(15)

## Assessment

Learning Outcome 1: The learner will be able to recognise, describe and represent numbers and their relationships, and to count, estimate, calculate and check with competence and confidence in solving problems.

Assessment Standard 1.4: We know this when the learner recognises and uses equivalent forms of the rational numbers listed above;

Learning Outcome 2: The learner will be able to recognise, describe and represent patterns and relationships, as well as to solve problems using algebraic language and skills.

Assessment Standard 2.3: We know this when the learner represents, explains and justifies observed relationships or rules in own words:

2.3.3 tables.

Is there any normative that regulates the use of silver nanoparticles?
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
why we need to study biomolecules, molecular biology in nanotechnology?
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
why?
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
anyone know any internet site where one can find nanotechnology papers?
research.net
kanaga
sciencedirect big data base
Ernesto
Introduction about quantum dots in nanotechnology
what does nano mean?
nano basically means 10^(-9). nanometer is a unit to measure length.
Bharti
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
absolutely yes
Daniel
how to know photocatalytic properties of tio2 nanoparticles...what to do now
it is a goid question and i want to know the answer as well
Maciej
Abigail
for teaching engĺish at school how nano technology help us
Anassong
Do somebody tell me a best nano engineering book for beginners?
there is no specific books for beginners but there is book called principle of nanotechnology
NANO
what is fullerene does it is used to make bukky balls
are you nano engineer ?
s.
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
Tarell
what is the actual application of fullerenes nowadays?
Damian
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
Tarell
what is the Synthesis, properties,and applications of carbon nano chemistry
Mostly, they use nano carbon for electronics and for materials to be strengthened.
Virgil
is Bucky paper clear?
CYNTHIA
carbon nanotubes has various application in fuel cells membrane, current research on cancer drug,and in electronics MEMS and NEMS etc
NANO
so some one know about replacing silicon atom with phosphorous in semiconductors device?
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Harper
Do you know which machine is used to that process?
s.
how to fabricate graphene ink ?
for screen printed electrodes ?
SUYASH
What is lattice structure?
of graphene you mean?
Ebrahim
or in general
Ebrahim
in general
s.
Graphene has a hexagonal structure
tahir
On having this app for quite a bit time, Haven't realised there's a chat room in it.
Cied
what is biological synthesis of nanoparticles
how did you get the value of 2000N.What calculations are needed to arrive at it
Privacy Information Security Software Version 1.1a
Good
Got questions? Join the online conversation and get instant answers!