Question

Q17. Mrs. Roy buys a packet of art at Rs. 1000 and sells the sheet at Rs.
2.50 per sheet. Calculate the profit or loss if each packet contains 500
sheets.​

Answer 1

Mrs. Roy buys a packet of art at Rs. 1000 and sells the sheet at Rs. 2.59 per sheet. Each packet contains 500 sheets.

Cost price of the packet of art containing 500 sheets

$= Rs. 1000$

Selling price of 1 sheet

$= Rs. 2.59$

Selling price of the packet of art containing 500 sheets

$= Rs.(2.59 \times 500) \\ = Rs.1295$

Since selling price is greater than cost price, there is a profit.

Profit$= Rs.(1295 - 1000) \\ = Rs.295$

Profit percentage$= ( \frac{295}{1000} \times 100)\% \\ = 2.95\%$

Answer:Profit percentage is 2.95%.

Answer 2

Answer:

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Step-by-step explanation:

Mrs. Roy buys a packet of art at Rs. 1000 and sells the sheet at Rs. 2.59 per sheet. Each packet contains 500 sheets.

Cost price of the packet of art containing 500 sheets

= Rs. 1000=Rs.1000

Selling price of 1 sheet

= Rs. 2.59=Rs.2.59

Selling price of the packet of art containing 500 sheets

\begin{gathered} = Rs.(2.59 \times 500) \\ = Rs.1295\end{gathered}

=Rs.(2.59×500)

=Rs.1295

Since selling price is greater than cost price, there is a profit.

Profit\begin{gathered} = Rs.(1295 - 1000) \\ = Rs.295\end{gathered}

=Rs.(1295−1000)

=Rs.295

Profit percentage\begin{gathered} = ( \frac{295}{1000} \times 100)\% \\ = 2.95\% \end{gathered}

=(

1000

295

×100)%

=2.95%

Answer:Profit percentage is 2.95%.