5.1 
Recognise Cost Price, Selling Price, Profit and Loss 

Situation 1
Camera selling price model A = RM 8,200, Camera selling price model B = RM 2,130
The cost price of a Model A camera is RM7 650. How much is the profit?
The profit of a Model B camera is RM250. How much is the cost price?
Situation 2
Capital spend for selling cendol is RM129 whereas the sales is RM85. Calculate the loss that had been suffered by the seller.
 Loss = Cost price – Selling price
 = RM129 – RM85
 = RM44
Situation 3
A car seller suffer a loss of RM 8,950 when he sold his used car because he bought it with the price of RM 42,436.
 Loss = Cost price – Selling price
 RM8 950 = RM42 436 – Selling price
 Selling price = RM42 436 – RM8 950
 = RM 33,486


5.2 
Solve the Problems of Cost Price, Selling Price, Profit and Loss 
Situation 1
A food seller incurred losses as much as 15% when the food that he prepared did not sell well on that day. The cost for the food and the workers’ wages is RM2 560. Calculate his loss and the total sales on that day.
Item 
Cost price 
Selling price 
Oven 
RM1 450 
RM1 608 
Cake mixer 
RM695 

Solution:
Profit from oven 
\(\begin{aligned}\\ \small{\color{red}5}\space\small{\color{red}{10}}\space\space\\ \space\space RM1\space\space \cancel6\space \cancel0 \space8\\ \underline{RM1\space\space4\space5\space0}\\ \underline{\space\space RM \space\space\space\space\space1\space5\space8}\\ \\\end{aligned}\\\) 
Profit from cake mixer 
\(\begin{aligned}\small{\color{red}1}\space\space\small{\color{red}1}\space\space\space\space\\ \space\space\space RM\space1\space\space5\space\space8\\ \underline{+\space RM\space\space\space\space\space\space4\space\space6}\\ \underline{\space\space\space\space RM\space\space2\space\space0\space\space4}\\ \\\end{aligned}\\\) 
Selling price of cake mixer 
\(\begin{aligned} \space\space\space RM\space6\space\space9\space\space5\\ \underline{+\space RM\space2\space\space0\space\space4}\\ \underline{\space\space\space\space RM\space\space8\space\space9\space\space9}\\ \\\end{aligned}\\\) 
Situation 2
The picture shows the cost price of two types of caps, A and B. Encik Yusof wants to make a 20% profit from each type of cap he sells. How many caps A and B should he sell to get a profit of RM120 on that day?
Solution:
\(\begin{aligned}\dfrac{15}{10\cancel0}\times\ RM2\ 56\cancel0=\dfrac{RM3\ 84\cancel0}{1\cancel0}\\ =RM384\quad\\ \end{aligned}\\\)
The lost RM384.
Total sales = Cost price  Loss
= RM2 560  RM384
\(\begin{aligned}\small{\color{red}{15}}\\ \small{\color{red}{4\ \cancel5\ 10}}\\ RM2\space\space\space \cancel5\space \cancel6\space \cancel0\\ \underline{RM\space\space\space\space3\space8\space4}\\ \underline{\space\space\space RM2 \space\space1\space7\space6}\\ \end{aligned}\)
The total sales obtained is RM2 176.


5.3 
Recognise Discount, Bill, Rebate and Invoice 
Discount
 Discount is the price reduction from the original price..

Bill and Rebate

Invoice


5.4 
Solve the Problems of Discount, Bill, Rebate and Invoice 
Situation 1
In a watch shop, each customer will enjoy a discount of 20% for each purchase of a wristwatch. Encik Asyraf wants to buy Model P wristwatch. Calculate the amount of money that he will save. How much is the selling price after the discount?
Solution:
Discount:
20% from RM450
\(=\dfrac{2\cancel0}{1\cancel0\cancel0}\times RM45\cancel0\\ =RM90 \)
\(\begin{aligned}\\ \small{\color{red}3}\space\space\small{\color{red}{15}}\space\space\space\\ \space\space\space\space RM\cancel4\space\cancel5\space0\\ \underline{RM\space\space9\space0}\\ \underline{\space \space RM3\space6\space0}\\ \end{aligned}\\\)
Situation 2
Encik Din makes an order from Syarikat Murni as stated in the invoice. If he orders 2 times the number of cameras of the similar type and 2 similar printers in June, how much is the total payment for the invoice for that month?
Item 
Camera 
Printer 
Quantity 
2 x 2 = 4 
2 
Price per unit (RM) 
2 380 
365 
Total (RM) 
4 x 2 380 = 9 520 
2 x 365 = 730 


5.5 
Recognise Asset and Liability, Interest and Service Tax 
Asset dan Liabilities
 Aset is what is being owned such as cash and property.
 Liabiliti is debts.

Interest
 Interest is money earned from the savings in the bank.
 Bonus or dividend is another term for the interest offered by a particular financial
institution.

Service Tax
 Tax needed to be paid on the services provided by certain businesses such as hotels and fast food restaurants.


5.6 
Solve the Problems of Asset and Liability, Interest and Service Tax 
Situasi 1
The table below shows the total assets and liabilities of Mrs Chua and Mrs Wong. Who is richer?

Puan Chua 
Puan Wong 
Assets 
RM120 163 
RM249 618 
Liabilities 
RM39 509 
RM181 325 
Solutions:
Puan Chua
Assets  Liabilities
= RM120 163  RM39 509
= RM80 654
Puan Wong
Assets  Liabilities
= RM249 618  RM181 325
= RM68 293
