Math Problem Statement

Yuki bought a notebook set for P260. She spent P20 for transportation fee. She sold her notebook for $270. a. How much is the profit or loss? b. What is the profit/loss percent?

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentage Calculation
Basic Arithmetic

Formulas

Profit or Loss = Selling Price - Total Cost
Loss Percent = (Loss / Total Cost) × 100

Theorems

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Suitable Grade Level

Grades 5-7