Question

For the school fair, Vishakha is going to put a stall of lucky dips. She will charge ₹10 for one lucky dip but she will buy items which are worth ₹5. Based on the information answer the following questions:
ii) Calculate the profit % or loss % if she spends ₹3 on paper to wrap the gift and tape. a) Profit of 2%
b) Loss of 2%
c) Profit of 25%
d) Loss of 25%
iii) Find the selling price of one lucky dip if she offers a discount of 1% on the lucky dips without gift wrap and tape ?
a) ₹9
b) ₹9.90
c) ₹9.99
d) ₹99.90

Answer 1

Answer:

ii) Profit of 25%

iii) ₹9.90