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
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