Question

1. A shopkeeper purchased a pair of shoes for 800 and spent 20 on its box. He sold
it at a profit of 80. Find
(1) Actual C.P. of shoes
(1) S.P. of shoes
(iii) Profit or Loss %​

Answer 1

Step-by-step explanation:

Given that , CP of shoes = Rs. 800

Overhead charges = Rs. 20

1.) Actual CP ( total cost ) = CP + Overhead charges

= 800+20 = Rs. 820

2.) SP = CP + Profit

Sp = 820 + 80

Sp = Rs. 900

3.) Profit % = Profit / Cp × 100

P% = 80/800 × 100

P% = 10%

Answer 2

Answer:

(1)Actual CP of shoes = ₹820

(2)SP of shoes = ₹900

(3)Profit% = 9.76%

Step-by-step explanation:

(1) Actual CP of shoes = cost of pair of shoes + cost of box

• ₹800 + ₹20 = ₹820

Hence actual CP of shoes = ₹820

(2) SP = CP + Profit

•₹820 + ₹80 = ₹900

Hence SP of shoes = ₹900

(3) Profit% = Profit/CP × 100

• 80/820 × 100

Reduce the fraction 80/820 ≈ 0.097560976 to lowest terms by extracting and canceling out 20.

•4/41 × 100 ≈ 9.756097561

Express 4/41 × 100 ≈ 9.756097561 as a single fraction.

• 4×100/41 ≈ 9.756097561

Multiply 4 and 100 to get 400.

•400/41 ≈ 9.756097561

9.756097561% = 9.76%( round off )

Hence, Profit% = 9.76%

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