Question

iv)
I purchased it for 1800
Shopkeeper
&. 1. sold it for 1000
(D) 20% loss
Find my profit or loss percent?
(A) 25%. Profit (B) 25% loss C) 2016 Profit
Ans.​

Answer 1

Answer:

Cost price of the cycle = Rs. 1200

Selling price of the cycles = Rs. 1500

SP > CP ⇒ there is a gain.

⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300

∴ Gain Percentage =

CP

Gain

​

(100)%

=

1200

A flagstaff 17.5 m high casts a shadow of length 40.25 m. The height of the building, which casts a shadow of length 28.75 m under similar

Answer 2

Answer:

Cost price of good : 1800

Selling price of good : 1000

Loss = cost price - selling price

Loss = 1800-1000

Loss = 800

Loss Percentage = loss/cost price × 100

Loss Percentage= 800/1800×100

Loss Percentage= 50%