Question

1. Calculate the profit or loss, then find profit/loss per cent in each of the following:
(iii) C. P. =Rs 340, S.P. =Rs 580
(iv) C.P.=Rs 3250, S.P. =Rs 5500​

Answer 1

Answer:

(iii) 70.59%

(iv) 69.23%

Step-by-step explanation:

(iii) Since, SP>CP,

Profit=(SP-CP)=(580-340)=Rs. 240

Profit percent=(P/CP)*100=(240/340)*100

=(12/17)*100=70.59%

(iv) Since, SP>CP,

Profit=(SP-CP)=(5500-3250)=Rs. 2250

Profit percent=(P/CP)*100=(2250/3250)*100

=0.6923*100=69.23%