17. One gross poster colors were bought for 10368 and sold for 80 each. What is the gain or loss %?
18. One gross exercise books were bought for 4320. They were sold at 60 each. What is the
gain or loss %?
Answers
Answered by
12
17. One gross poster colors were bought for 10368 and sold for 80 each.
One gross = 144 items
Cost price of 144 poster colors = Rs. 10368
Cost price of 1 poster colors = Rs. 10368/144
Cost price of poster colors = CP = Rs. 72
Selling price of poster colors = SP = Rs. 80
Since SP > CP
Profit = SP - CP
= 80 - 72
= 8
Profit% = Profit/CP × 100
= 8 / 72 × 100
∴ Profit% = 11.11%
18. One gross exercise books were bought for 4320. They were sold at 60 each.
One gross = 144 items
Cost price of 144 exercise books = Rs. 4320
Cost price of 1 exercise books = Rs. 4320/144
Cost price of exercise books = CP = Rs. 30
Selling price of exercise books = SP = Rs. 60
Since SP > CP
Profit = SP - CP
= 60 - 30
= 30
Profit% = Profit/CP × 100
= 30 / 30 × 100
∴ Profit% = 100%
Similar questions