Percent in money: discounts, profit and loss
Use a 100% bar to see how much a discount takes off a price, and what percentage of the cost a seller gains or loses.
- France: grade 10
- Germany: grade 6
- Iran: grade 6
- Afghanistan: grade 8
- Syria: grade 8
- Palestine: grade 6
- Russia: grade 10
Guide
In each problem the whole bar is 100%: the original price or the cost. With 10 parts each part is 10%; with 4 parts, 25%; with 5 parts, 20%.
A discount is the amount taken off the price. 20% off means you pay 80% of the price.
A seller buys something (the cost) and sells it. Selling for more makes a profit; selling for less makes a loss. The percentage profit or loss is always worked out from the cost.
This is not in the Key Stage 2 curriculum: it is extra, for when you are ready (Key Stage 3).