Question

C.p = Rs 88, Overheads expenses =Rs 12 , S.P= Rs 150

Answer 1

Answer:

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Step-by-step explanation:

Given the following values, find the unknown values:

(i) C.P. = Rs 1200, S.P. = Rs 1350, Profit/Loss = ?

(ii) C.P. = Rs 980, S.P. = Rs 940, Profit/Loss = ?

(iii) C.P. = Rs 720, S.P. = ?, Profit = Rs 55.50

(iv) C.P. = ? S.P. = Rs 1254, Loss = Rs 32

ANSWER:

(i) CP = Rs.. 1200, SP = Rs.. 1350

CP < SP. So, profit.

Profit = Rs. (1350 - 1200) = Rs. 150

(ii) CP = Rs. 980, SP = Rs. 940

CP > SP. So, loss.

Loss = Rs. (980 - 940) = Rs. 40

(iii) CP = Rs. 720, SP = ?, profit = Rs. 55.50

Profit = SP - CP

⇒ Rs. 55.50 = SP - Rs. 720

⇒ SP = Rs. (55.50 + 720) = Rs. 775.50

(iv) CP = ?, SP = Rs. 1254, loss = Rs. 32

⇒ Loss = CP - SP

⇒ Rs. 32 = CP - Rs. 1254

⇒ CP = Rs. (1254 + 32) = Rs. 1286