Question

If SP of an item is 5 times its CP , find the profit or loss percent?

Answer 1

1) CP of the toy = Rs 72
SP of the toy = Rs 80.
∵ SP > CP
⇒ Profit = SP − CP = Rs 80 − Rs 72 = Rs 8
2) CP of the shirt = Rs 120
SP of the shirt = Rs 100.
∵ SP < CP
⇒ Loss = CP − SP = Rs 120 − Rs 100 = Rs 20
3) CP of the cycle = Rs 800
SP of the cycle = Rs 940.
∵ SP > CP
⇒ Profit = SP − CP = Rs 940 − Rs 800 = Rs 140.