Question

1. Find the gain or loss per cent for each of the following:
i C.P. = 680, S.P. = 765
(ii) C.P. = 800, S.P. = 900
(iii) C.P. = 400, S.P. = 380
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Answer 1

CP=750

SP=850

SP>CP

So it is profit

Profit =SP−CP

=850−750

=100

Profit %=

CP

Profit

×100

=

750

100

×100

=13.3%

Answer 2

Answer:

(i) 12.2% Profit

(ii) 12.5% Profit

(iii) 5% Loss