Question

Find the profit or loss and complete the table.
Cost Price Selling Price Profit () Loss (Ⓡ)
Profit Loss
Percentage Percentage
6000
1000
6000
(a) 5000
(b) 6200
(c) 2400
(d) 1900
400
300
1590
190​

Answer 1

Find the profit or loss and complete the table.

Solution :-

1) CP = Rs.8000 , SP = Rs.10000 .

we know that,

• if SP > CP , we have profit .

so,

→ Profit = SP - CP = 10000 - 8000 = Rs.2000 .

then,

→ Profit % = (Profit * 100) / CP = (2000 * 100) / 8000 = 25% .

2) SP = Rs.6890 , Profit = Rs.390 .

so,

→ CP = SP - Profit = 6890 - 390 = Rs.6500 .

then,

→ Profit % = (Profit * 100) / CP = (390 * 100) / 6500 = 6% .

3) CP = Rs.25000 , Loss = Rs.1000 .

so,

→ SP = CP - Loss = 25000 - 1000 = Rs.24000 .

then,

→ Loss % = (Loss * 100) / CP = (1000 * 100) / 25000 = 4% .

4) CP = Rs.48560 , Profit = 20% .

so,

→ SP = CP * (100 + Profit%) / 100 = (48560 * 120) / 100 = Rs.58272 .

then,

→ Profit = SP - CP = 58272 - 48560 = Rs.9712 .

5) CP = Rs.28320 , SP = Rs.26196 .

we know that,

• if CP > SP , we have Loss .

so,

→ Loss = CP - SP = 28320 - 26196 = Rs.2124 .

then,

→ Loss % = (Loss * 100) / CP = (2124 * 100) / 28320 = 7.5% .

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