Percentage Profit and Loss WORKSHEET
Suitable for Year groups: Year 8, Year 9
GCSE Tier: Foundation/Higher
Targeting grades: 4-5
Prerequisite knowledge: Express one amount as a percentage of another. Calculating percentage change.
Learning Objective: Interpret percentage changes as a decimal.
Percentage Profit and Loss WORKSHEET DESCRIPTION
This worksheet focuses on calculating percentage profit and loss.
Section A begins by asking students to determine whether a profit or loss was made in various scenarios involving buying items in bulk and selling them individually.
Section B then requires the calculation of percentage profit or loss, often to one decimal place, using a table format with eight given cost and sale prices.
Finally, the worksheet presents more complex word problems where students must first calculate total costs and revenues from multiple expenditures and sales to determine overall profit or loss, and then compute the percentage. Some questions also challenge students to work backwards, calculating a necessary selling price to achieve a desired profit margin.
Section A begins by asking students to determine whether a profit or loss was made in various scenarios involving buying items in bulk and selling them individually.
Section B then requires the calculation of percentage profit or loss, often to one decimal place, using a table format with eight given cost and sale prices.
Finally, the worksheet presents more complex word problems where students must first calculate total costs and revenues from multiple expenditures and sales to determine overall profit or loss, and then compute the percentage. Some questions also challenge students to work backwards, calculating a necessary selling price to achieve a desired profit margin.
All worksheets are created by the team of experienced teachers at Cazoom Maths.
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Frequently Asked Questions
This worksheet is designed for Year 8 and Year 9 students who are developing their understanding of percentage applications in real-world contexts. The progression from identifying profit or loss situations to calculating precise percentages makes it ideal for students at this level who have already mastered expressing one amount as a percentage of another.