Question

A digital diary is sold for rs 935 at a profit of 10% what would have been the actual profit or loss on it if it had been sold for rs 810?

Answer 1

CP=SP*100/100+PROFIT%=935*100/(100+10)=

rs.850/-=C.P.

S.P=rs.810/-,CP>SP=>LOSS,SO loss=CP-SP=850-810=RS.40/-.

Answer 2

Loss of $Rs. 40$ if the digital diary would have been sold for $Rs.810$.

Cost price and Selling price :

Cost price -

• The cost price of an item is the amount spent to purchase it or the price at which it is manufactured.
• C.P. is an abbreviation for cost price.

Selling price -

• The selling price of an item is the price at which it is sold.

Explanation -

A digital diary is sold at $10%$ % profit which means the Cost price is $= 100$%.

Selling price $= 110$%.

So, here the selling price is $Rs.935$.

Hence, $110$% $= 935$.

$1$% $= 8.5$.

$100$% $= Rs.850$.

Loss = Cost price - selling price

$= 850 - 810$

$=$ Loss of $Rs.40$.

#SPJ2