4) Joseph bought a machine for Rs 23,500. He paid
Rs.1,200 for transport and Rs 300 as tax. If he sold
it to a customer for Rs 24,250. What was his percent
profit or loss?
Answers
☯ Total Cost of Machine = 23500 + 1200 + 300 = Rs.25000
☯ Selling price is Rs. 24250
- C.P. greater than S.P.
- Joseph suffered a loss of Rs. 750.
Supposing loss was N%.
Answer:
☯ Total Cost of Machine = 23500 + 1200 + 300 = Rs.25000
☯ Selling price is Rs. 24250
{ }
\:\:\:\:\:\:\:\:━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
{ }
C.P. greater than S.P.
{ }
\underline{\bigstar\:\boldsymbol{According \;to \;the\: given \;Question\; :}}
★AccordingtothegivenQuestion:
{ }
{\blue{\mathfrak{Loss\:\leadsto\:C.P.\:-\:S.P}}}Loss⇝C.P.−S.P
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\sf\:{25000\:-\:24250}:⟹25000−24250
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\sf\:{Rs.\:750}:⟹Rs.750
{ }
{ }
Joseph suffered a loss of Rs. 750.
{ }
Supposing loss was N%.
{ }
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\sf\:{\dfrac{N}{100}}\:=\:{\dfrac{750}{25000}}:⟹
100
N
=
25000
750
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\sf\:{\dfrac{N}{100}}\:\times\:100\:=\:{\dfrac{3}{100}}\:\times\:100:⟹
100
N
×100=
100
3
×100
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\sf\:{\dfrac{N}{\cancel{100}}}\:\times\:{\cancel{100}}\:=\:{\dfrac{3}{\cancel{100}}}\:\times\:{\cancel{100}}:⟹
100
N
×
100
=
100
3
×
100
{ }
\:\:\:\:\:\:\::\:\Longrightarrow\:{\underline{\boxed{\frak{\pink{n\:=\:3}}}}}\:\bigstar:⟹
n=3
★
{ }
{ }
\:\:\:\:\:\:\:\therefore\:{\underline{\sf{His\:loss\:percent\:is\:{\textsf{\textbf{3 \%}}}}}}.∴
Hislosspercentis3 %
.
{ }
\:\:\:\:\:\:\:\:━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━