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P6 Maths Discount, Profit and Loss Paper 1: Basics
P6 Maths Discount, Profit and Loss Paper 1: Basics
Ten original items, each with an answer and a one-line explanation.
Direct answers Items 1-3 are basic, 4-6 intermediate and 7-9 challenge, with item 10 as the error review. Time yourself first, then check every answer and redo the wrong ones.
01 Paper details (check answers afterwards)
| Item | Detail |
|---|---|
| Questions | 10 |
| Suggested time | 20 |
| Difficulty mix | Foundation 3 · Intermediate 3 · Challenge 3 · Error redo 1 |
| Chapter | Chapter: P6 Maths Discount, Profit and Loss |
| Level | P6 |
02 Questions (10 items)
- FoundationAn item is marked at 240 dollars and sold at 20% off. Find the selling price.
- FoundationA school bag marked at 500 dollars is sold at 25% off. Find the selling price.
- FoundationA toy costing 80 dollars is sold for 100 dollars. Find the profit.
- IntermediateAn item costing 120 dollars is sold for 90 dollars. Find the loss.
- IntermediateAn item costing 200 dollars is sold for 250 dollars. Find the profit percentage.
- IntermediateAn item costing 400 dollars is sold at a loss of 60 dollars. Find the selling price.
- ChallengeAn item marked at 360 dollars is sold for 288 dollars. Find the discount rate.
- ChallengeAn item costs 150 dollars. What selling price gives a profit of 20%?
- ChallengeAn item costing 70 dollars is sold for 84 dollars. Find the profit percentage.
- Error redoError review: a pupil claims that selling a 50-dollar item for 60 dollars gives a profit of 10 ÷ 60 = 16.7%. What is the correct profit percentage?
03 Answers and one-line notes
| # | Answer | One-line note |
|---|---|---|
| 1 | 192 dollars | 240 × 0.8 = 192 dollars. |
| 2 | 375 dollars | 500 × 0.75 = 375 dollars. |
| 3 | 20 dollars | Profit = selling price − cost = 100 − 80 = 20 dollars. |
| 4 | 30 dollars | Loss = cost − selling price = 120 − 90 = 30 dollars. |
| 5 | 25% | (250 − 200) ÷ 200 × 100% = 25%. |
| 6 | 340 dollars | Selling price = 400 − 60 = 340 dollars. |
| 7 | 20% off, that is 80% of the marked price | 288 ÷ 360 = 0.8, so the selling price is 80% of the marked price. |
| 8 | 180 dollars | 150 × 1.2 = 180 dollars. |
| 9 | 20% | The profit is 14 dollars, and 14 ÷ 70 × 100% = 20%. |
| 10 | 20% | The denominator is the cost, not the selling price: 10 ÷ 50 = 0.2, that is 20%. |
04 What to do after marking
- After marking, redo only the wrong items and write down which step went wrong (formula, unit, or misread number).
- Repeat the same item two days later; move to the next paper only when both attempts are correct.
- Parents only need the answer and note columns; there is no need to explain every item.
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