CONSUMER ARITHMETIC - INKI-BRU

By the end of the lesson, students should be able to:

1. Define the terms Cost Price, Selling Price, Profit and Loss in their own words. 

2. Determine the Cost price and/or Selling price in a given question.

3. Calculate the profit made on an item in a given question.

4. Calculate the loss made on an item in a given question.

5. Determine, from a given scenario, if a profit or loss was made.

6. Calculate the Profit/Loss percentages in a given question.