Percentages 1 - How to Calculate Profit and Loss / Cost Price and Selling Price | SHS 2 CORE MATH

[@IokapetaTulai]

I forgot how to calculate profit and when I watched your vedio you had reminded me how to calculate profit ,all thanks to you❤

[@SkanCityAcademy_SirJohn]

You are most welcome. Good luck and tell your friends about this channel

[@kxtcl6440]

THANK YOU SO MUCH I DONT UNDERSTAND WHEN MY TEACHER TEACHES BUT IT WAS SO EASY WHEN YOU TAUGHT THIS

[@SkanCityAcademy_SirJohn]

Aww thanks so much

[@EdmondTenkorang]

You are doing extremely work

[@SkanCityAcademy_SirJohn]

Thanks so much

[@KitD_Blox]

Extreamely help full

[@SkanCityAcademy_SirJohn]

Thanks so much

[@Biblestories162]

I was lost at the second exercise where you multiplied 5 by the profit, I thought you would divide it by 2.00 the selling price, honestly I was completely lost at that point.. I ll be glad if you explain it to me thanks alot.... 🙏🙏🙏

[@SkanCityAcademy_SirJohn]

please are you referring at question 1 or question 2

[@SkanCityAcademy_SirJohn]

it was told that she sold 5 cups for 2.00ghc, and the profit per cup, which means the profit on one cup is 0.08, so if you want to get the profit on 5cups, then its 0.08*5, do you please get it now?

[@ActiveLifeInsights177]

In the question it says she sold 5 cup of rice for 2.00 and makes a profit of 8 per cup. To know how much she sold each cups would be (2.00/5)=0.4
If we want to get the total profit she made selling 5 cups, don’t you think it should be 8 multiply by 5 to give us 40, or divide it by 5 to give us 1.6, instead of 0.08?

[@ALLDISSNOHATE]

@@ActiveLifeInsights177 u are fully right and he is teaching us wrong he is just trying to scam everyone if u ask me

[@ActiveLifeInsights177]

What formula did you use to divide 8 by 100? I really want to know how? Because in order to first of all get cost price it should be cp=(sp= 2.00 - p= 8)
then when we have the cost price we can be able to get her profit percent

[@ShaistaAmbareen]

Many thanks for your vedio it's extremely helpful 😊🎉

[@SkanCityAcademy_SirJohn]

You are welcome

[@thebasicguy16]

This Helped SOO MUCH. Thanks

[@SkanCityAcademy_SirJohn]

Thanks so so much

[@KulumeNancyjoan]

Good

[@Banzii_Banzii]

Your videos are making studying and homework more fun 🫶🏽🥹

[@SkanCityAcademy_SirJohn]

Awww thanks so much Banzii

[@ActiveLifeInsights177]

The same question I gave to chat GPT and the answer it gave me was completely different from yours. A woman that sells rice…

[@tiktokmashup9699]

What if the cost price is high than the hundred e.g
32. 100
-. x
102

[@SkanCityAcademy_SirJohn]

hi, can you please come again with your question?

[@Luvlina-roadto100subs]

She meant 32÷102×100

[@Luvlina-roadto100subs]

But it's always ÷by100. Lol😂

[@maxwellahiabor3794]

Thanks. Was really helpful 🙏

[@SkanCityAcademy_SirJohn]

Thanks so much Max

[@DanielOladipo-xj2vj]

Pls how do you find the profit if they give percentage profit and cost price

[@SkanCityAcademy_SirJohn]

That's very simple: profit % = (P*100)/CP.
P = (CP * PROFIT %)/100

[@MandumeShidute]

Thanks now I understand 😁😁

[@SkanCityAcademy_SirJohn]

Great!

[@JuniorrigoCoba]

Thanks this really help me understand ❤

[@SkanCityAcademy_SirJohn]

Most welcome

[@nosipholeeu3022]

In my understanding percentage loss is equivalent to percentage decrease in terms of formula same thing applies to percentage profit being equivalent to percentage increase...am i correct?

[@SkanCityAcademy_SirJohn]

You are perfectly right

[@dlightofjourney2213]

thank you sis......🌼🌼🌼

[@edna7319]

Very helpful.l now understand this.

[@SkanCityAcademy_SirJohn]

That's good

[@emilyvitha6168]

Thanks so helpfull 🤓🤘👍

[@SkanCityAcademy_SirJohn]

You are most welcome

[@daviebalram4715]

Thank you 😊

[@wizzthecat5407]

can you show howntomcreate revenueband margin

[@SkanCityAcademy_SirJohn]

will consider that....

[@flanyx7908]

Warms my heart

[@SkanCityAcademy_SirJohn]

Aww thanks so much

[@RashiekaWisdom]

Help me very much❤

[@SkanCityAcademy_SirJohn]

You are welcome

[@luciakagola]

Hi

[@SkanCityAcademy_SirJohn]

@luciakagola hello

[@jillglengu9362]

❤❤

[@ActiveLifeInsights177]

I’d like to know why you divide 8 by 100 and not divide it by 5 since it’s stated in the question that she sells rice at 5 cups for 2.00

[@SkanCityAcademy_SirJohn]

We just want to make the units the same, that is keeping all in cedis. So 8 pesewas in cedis is 8/100 = 0.08cedis. I hope you get it.
From 99ps we go to 1.00cedi, which is 100pesewas, right. So to convert a pesewa to cedi, it's pesewas / 100.
In effect, 1 cedi = 100pesewas to cedi, is
100/100 = 1 cedis

[@DrakshayiniGaddanakeri]

🎉 super 😍😊😊😊

[@SkanCityAcademy_SirJohn]

So nice

[@beerearamide199]

WOW

[@SkanCityAcademy_SirJohn]

Thanks for your comment

[@nosipholeeu3022]

The subtitles hid the lost percent😭

[@SkanCityAcademy_SirJohn]

Oww sorry about that. Try disabling it to view

[@SkanCityAcademy_SirJohn]

Oww sorry about that. Try disabling it to view

[@Anish-Art999]

😂

[@daviebalram4715]

Thank you 😊

[@SkanCityAcademy_SirJohn]

You are most welcome