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0580/11 Oct/Nov 2024, Question 20: Profit and Loss

Cambridge IGCSE Mathematics 0580 · Paper 11 (Core) · Calculator · 2 marks

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The question, in short

Work out the percentage loss when a car bought for $7800 is later sold for $5265.

Summarised in our own words. Use the official paper for the exact wording and any diagrams.

Solution · 2 marks

  1. 1Loss = 7800 − 5265 = 2535
  2. 22535/7800 × 100 = 32.5%

Answer32.5

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