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ScotlandApplications of MathematicsQuick questions
Finance
Quick questions on Budgeting, balances, profit, loss and VAT - SQA National 5 Applications of Maths
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Income is and expenditure is . State the surplus or deficit. [2 marks]
What is q2?Show answer
A bike costs and sells for . Find the percentage loss. [3 marks]
What is q3?Show answer
Add VAT to a net price of . [2 marks]
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