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Profit and Loss · Apply

Goal: Type a full passage of real text at a steady pace. Calculations, letters and reports. Accuracy first: a wrong digit changes the answer.

A business makes a profit when its revenue is greater than its costs. Suppose a shop sells 200 loaves at 60 shillings each and pays 9,000 shillings for flour, wages and rent. Revenue is 200 x 60 = 12,000, so profit is 12,000 - 9,000 = 3,000 shillings. The profit margin is 3,000 / 12,000 x 100 = 25%.

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