Question

Calculate the sale price on the basis of the given information
Cost price(Rs.)
1800
630
1050

Additional expense (Rs.)
-
70
150

Profit(Rs.)
-
10
7

Loss(Rs.)
7
-
-

Sale Price(Rs.)
......................
......................
......................

Answer 1

Dear Student,

Solution:

Concept profit and loss:

Profit = sale price - cost price

Loss = cost price - sale price

Shopkeeper adds all the expenses to the price of article.

total cost price to shopkeeper cost price + additional expenses

Case 1:

Cost price = 1800 Rupees

No additional expense

loss = 7 rupees

Sale price = 1800-7 = 1793 Rupees

Case 2:

Cost price = 630 Rupees

additional expense = 70

profit = 10 rupees

Sale price = 630+70+10 = 710 Rupees

Case 3:

Cost price = 1050 Rupees

additional expense = 150

profit = 7 rupees

Sale price = 1050+150+7 = 1127 Rupees

Hope it helps you.

Thanks for asking such a great question.

Keep studying.