Question

PROFIT AND LOSS
Q 1) cost price of air article is 90% of its selling price . find his profit percent
Q 2) a man sold an article for rs. 750 and gained one ninth of its cost price. find the c.p and gain percent earned by the man
Q 3) if the c.p of 15 tables be equal to the s.p of 20 tables ; find the loss percent.
Q 4) on selling 250 articles a man had a gain equal to the s.p of 25 articles . find the gain percent
Q 5) toffees are bought at the rate of 6 for a rupee and sold at 5 for a rupee. find the gain percentage.

Answer 1

let the c.p as 100 . he made profit 90percent. then the s.p is 190 . profit= sp -cp=190-100 =90. profit %= profit ÷cpx 100= 90÷100x100 =90%

Answer 2

let the c.p be ₹100 . he made profit 90% then the s.p is 190 . profit= sp -cp=190-100 =90. profit %= profit ÷cpx 100= 90÷100x100 =90%