Question

A retailer buys a toy car rupee 225 and pays rupee 25 for other expenses.if he sells it for rupee 380 determine his gain or loss percent ​

Answer 1

Explanation -:

Given :

• Cost Price of the toy = ₹ 225
• Money spent in other expenses = ₹ 25
• Selling price of the toy = ₹ 380

To Find :

• Gain or loss%

Solution :

C.P. of toy = Bought price + overhead expenses

Net C.P. of the toy = ₹ (225 + 25) = ₹ 250

S.P. = ₹ 380

Since, S.P. > C.P., the retailer gain

$\large\rm{ \fbox{ Gain = S.P - C.P}}$

$\small{\rm{\bf{Gain = ₹(380 - 250) }}}$

$\small\rm{Gain = ₹ \: 130}$

$\large\rm{ \boxed{Gain\% = \frac{Gain}{CP}× 100}}$

$\small\rm Gain\% = \frac{130}{250}× 100$

$\small\rm{Gain\% =52\%}$

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$\large\sf \underline {{ \fbox{Additional \: information}}}$

$• \: \small\rm{Loss = CP - SP}$

$• \: \small\rm{Loss = \frac{Loss}{CP} \times 100}$

To Find SP when CP and Gain% is given

$• \: \small\rm{SP = \frac{100 + Gain\%}{100}× CP}$

To Find SP when CP and Loss% is given

$• \: \small\rm {SP = \frac{100 - Loss\%}{100}× CP}$

To Find CP when SP and Gain% is given

$• \: \small\rm{CP= \frac{100}{100 + Gain\%}× SP}$

To Find CP when SP and Loss% is given

$• \: \small\rm{ CP = \frac{100}{100 - Loss\%}× SP}$

$\rule{ 70mm}{2pt}$

NOTE :

CP means Cost Price

SP means Selling price

Answer 2

Answer:

Explanation -:

$\sf \: Given :$

$Cost \: Price \: of \: the \: toy = ₹ 225$

$Money \: spent \: in \: other expenses \: = ₹ 25$

Selling price of the toy = ₹ 380

To Find :

$\rm \: Gain \: or \: loss%$

Solution :

C.P. of toy = Bought price + overhead expenses

Net C.P. of the toy = ₹ (225 + 25) = ₹ 250

$S.P. = ₹ 380$

Since, S.P. > C.P., the retailer gain

Gain = S.P - C.P

$Gain=₹130$

$\large\rm{ \boxed{Gain\% = \frac{Gain}{CP}× 100}}$

$\small\rm Gain\% = \frac{130}{250}$

$\small\rm{Gain\% =52\%}$

$\rule{ 70mm}{2pt}$