Question

6. Sona buys a table for 980 and sells it for 1,000. Find her profit.
7. Ketki bought a T.V. set for 3,500 and sold it for 3,350. Find her loss.
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Answer 1

1) CP of table = 980

SP of table = 1000

Profit = 1000 - 980 = 20

Profit% = 20/980×100

= 2.04%

2) CP of TV = 3500

SP of TV = 3350

Loss = 3550-3350 = 250

Loss% = 250/3500×100

= 7.14%