1. Given the following values, find the unknown values:
(i) C.P. = Rs 1200, S.P. = Rs 1350 Profit/Loss?
(ii) C.P. = Rs 980, S.P. = Rs 940 Profit/Loss =?
(iii) C.P. = Rs 720, S.P. =?, Profit = Rs 55.50
(iv) C.P. =? S.P. = Rs 1254, Loss = Rs 32
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Solution:
(i) Given CP = Rs. 1200, SP = Rs. 1350
Clearly CP < SP. So, profit.
Profit = SP – CP
= Rs. (1350 – 1200)
= Rs. 150
(ii) Given CP = Rs. 980, SP = Rs. 940
Clearly CP > SP. So, loss.
Loss = CP – SP
= Rs. (980 – 940)
= Rs. 40
(iii) CP = Rs. 720, SP =?, profit = Rs. 55.50
Profit = SP – CP
55.50 = SP – 720
SP = (55.50 + 720)
= Rs. 775.50
(iv) CP =?, SP = Rs. 1254, loss = Rs. 32
Loss = CP – SP
32 = CP – 1254
CP = (1254 + 32)
= Rs. 1286
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profit =150rs
Step-by-step explanation:
sp is more than co thus it is profit profit =so minus cp
(2) cp =980 sp= 940
cp is more than sp thus it is loss
loss =cp minus sp
980 minus 940 is equal to 40rs
(3)cp =sp-loss
1254-32 = 122rs
cp =122rs
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