Question

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P. = Rs 4560, S.P. = Rs 5000 (ii) C.P. = Rs 2600, S.P. = Rs 2470 (iii) C.P. = Rs 332, S.P. = Rs 350 (iv) C.P. = Rs 1500, S.P. = Rs 1500

Answer 1

Answer:

Solution↴

(i) Given CP = Rs. 4560, SP = Rs. 5000

Here, clearly SP > CP. So, profit.

Profit = SP – CP

= Rs. (5000 – 4560)

= Rs. 440

Profit % = {(Profit/CP) x 100} %

= {(440/4560) x 100} %

= {0.0965 x 100} %

Profit % = 9.65%

(ii) Given CP = Rs. 2600, SP = Rs. 2470.

Here, clearly CP > SP. So, loss.

Loss = CP – SP

= Rs. (2600 – 2470)

= Rs. 130

Loss % = {(Loss/CP) x 100} %

= {(130/2600) x 100} %

= {0.05 x 100} %

Loss % = 5%

(iii) Given CP = Rs. 332, SP= Rs. 350.

Here, clearly SP > CP. So, profit.

Profit = SP – CP

= Rs. (350 – 332)

= Rs. 18

Profit% = {(Profit/CP) x 100} %

= {(18/332) x 100} %

= {0.054 x 100} %

Profit % = 5.4%

(iv) Given CP = Rs. 1500, SP = Rs. 1500

Here clearly SP = CP.

So, neither profit nor loss.

${}$

Answer 2

Answer:

Given CP = Rs. 4560, SP = Rs. 5000

Here, clearly SP > CP. So, profit.

Profit = SP – CP

= Rs. (5000 – 4560)

= Rs. 440

good morning