Question

b)The selling price of a gift is R5.550, cost price is Rs.
400. Find profit or loss Percentage.​

Answer 1

Answer:

Answer

CP=550

gain=22

gain%=

550

22

×100

=4%

please mark me Brailient

Answer 2

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GIVEN:

• cost price of gift rupees is 550
• Selling price of gift rupees is 400.

TO FIND :

• Profit or loss percentage

SOLUTION :

SP > CP

→ gain = SP – CP

→ gain = 550 – 400

= 150

$gain\% \: = \frac{gain \times 100}{cp}$

$= \frac{150 \times 100}{550}$

$= \frac{150 \times 2}{11}$

$= \frac{300}{11} \%$

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Additional points:

Profit per cent.

Profit, P = SP–CP

• Profit per cent is the profit earned on every rupees 100 on the CP.

• It is always calculated on the cost price.

Example.

• Princy bought a toy car for rupees 1,200 and sold it to prisha for rupees 1,500. what profit did she earn? what profit per cent?

→ Solution

Sp of the toy car = rupees 1,500

Cp of the toy car = rupees 1,200

step-1: - Find the profit.

P = SP–CP

= 1500–1200

= rupees 300

Step-2 Find the profit ℅

profit ℅ = P/CP × 100

= 300/1200 × 100

= 25℅

Therefore, Princy earned a profit of rupees 300 or 25℅ on the toy car.

There a many questions too, this is just for example.! ☺

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Have a good day ahead mate..!! ⛄☺☁