Entering the World of Work

Section 1: Preparing Job Application Forms

Math Practice Step-by-Step

Follow these steps to solve the Section 7.1 Math Practice problem.

Working With Percentages
Figure It Out   You buy a lamp at a flea market for $8.00. You sell the lamp at an online auction for $15.00. What percentage profit do you make on the lamp?

Step 1  Calculate the difference between the original price and the resale price. The original price is the price you paid for the lamp. The resale price is the price at which you sold the lamp.

Step 2  Calculate the percentage by dividing the difference by the original price. This is the answer to the question.