Financial Mathematics and Proportion · Number and Operations
Percentage Change and Profit
Calculating percentage profit and loss and determining original values after a percentage change.
Key Questions
- 1Why is a 10 percent increase followed by a 10 percent decrease not the same as the original price?
- 2How do businesses use percentage markups to ensure they cover costs and generate profit?
- 3What is the mathematical difference between a discount and a rebate?
ACARA Content Descriptions
AC9M9N04
Year: Year 9
Subject: Mathematics
Unit: Financial Mathematics and Proportion
Period: Number and Operations
Suggested Methodologies
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