Question

1. Tell what is the profit or loss in the following transactions. Also find profit per cent or
loss per cent in each case.
(a) Gardening shears bought for 250 and sold for 325.
(b) A reinigerater bought for 12.000 and sold at 13.500.
(c) A cupboard bought for 2,500 and sold at 3.000.
(d) A skirt bought for 250 and sold at 150.
each part of the ratio to percentage:​

Answer 1

(a) Here, CP = ₹ 250

SP = ₹ 325

Since SP > CP

∴ Profit = SP – CP

= ₹ 325 – ₹ 250 = ₹ 75

Hence, the required profit = ₹ 75

and Profit per cent = 30%

(b) Here, CP = ₹ 12,000

SP = ₹ 13,500

Since SP > CP

∴ Profit = SP – CP

= ₹ 13,500 – ₹ 12,000 = ₹ 1,500

Hence, the required profit = ₹ 1500 × 100

profit % = 12 \frac{1}{2}%

 

(c) Here, CP = ₹ 2500

SP = ₹ 3000

Since SP > CP

∴ Profit = SP – CP

= ₹ 3000 – ₹ 2500 = ₹ 500

Hence, the required profit = ₹ 500 and profit% = 20%

 

(d) Here, CP = ₹ 250

SP = ₹ 150

Here CP > SP

∴ Loss = CP – SP

= ₹ 250 – ₹ 150 = ₹ 100

Hence, the required loss = ₹ 100 and loss% = 40%