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Consumer Arithmetic Formula Sheet

The document provides formulas for calculating consumer prices, profits, purchases, and interest. It includes equations for calculating discount price, percentage profit, hire purchase totals, and compound interest over time using principal, rates, amounts, and time periods. The key information and formulas are presented concisely in a formatted list.

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Samantha Thomas
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2K views

Consumer Arithmetic Formula Sheet

The document provides formulas for calculating consumer prices, profits, purchases, and interest. It includes equations for calculating discount price, percentage profit, hire purchase totals, and compound interest over time using principal, rates, amounts, and time periods. The key information and formulas are presented concisely in a formatted list.

Uploaded by

Samantha Thomas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Consumer Arithmetic

− −

∎ × ∎ ×

5 5
× $50 × $50
100 100

𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡 𝑃𝑟𝑖𝑐𝑒 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑝𝑟𝑖𝑐𝑒 − 𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑝𝑟𝑖𝑐𝑒 + 𝑇𝑎𝑥

$50 − $2.50 $50 + $2.50

= $47.50 = $52.50

(𝑠𝑒𝑙𝑙𝑖𝑛𝑔 𝑝𝑟𝑖𝑐𝑒 − 𝑐𝑜𝑠𝑡 𝑝𝑖𝑟𝑐𝑒) 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 × 𝑅𝑎𝑡𝑒 × 𝑇𝑖𝑚𝑒


𝑃𝑒𝑟𝑐𝑒𝑛𝑡𝑎𝑔𝑒 𝑃𝑟𝑜𝑓𝑖𝑡 = × 100 𝐼𝑛𝑡𝑒𝑟𝑠𝑡 =
𝑐𝑜𝑠𝑡 𝑝𝑟𝑖𝑐𝑒 100

𝐻𝑖𝑟𝑒 𝑃𝑢𝑟𝑐ℎ𝑎𝑠𝑒 = 𝐷𝑒𝑝𝑜𝑠𝑖𝑡 + (𝑇𝑖𝑚𝑒 × 𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡𝑠 𝐴𝑚𝑜𝑢𝑛𝑡) ½

𝑁𝑒𝑤 𝑅𝑎𝑡𝑒
𝐴𝑚𝑜𝑢𝑛𝑡 ×
𝑂𝑙𝑑 𝑅𝑎𝑡𝑒
𝑡𝑖𝑚𝑒 𝑡𝑖𝑚𝑒
𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 –
𝐴= 1+ 𝐴= 1−
100 100 –

Young Genius Official younggeniusofficial.com

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