Q27. Find profit percent or loss percent in each of the case.
(a) A refrigerator bought for Rs 18,000 and sold at Rs 15,500.
(b) A cupboard bought for Rs 4,000 and sold at Rs 3,000.
(c) A skirt bought for Rs 750 and sold at Rs 550 (class7)
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Answer:
(a) it is loss.
The total loss is (18000-15500)=2500rps
loss percentage= (2500/18000)×100
=13.9%
(b)it is loss.
The total loss is (4000-3000)=1000rps
loss percentage=(1000/4000)×100
=25%
(c)it is loss
The total loss is (750-550)=200
loss percentage=(200/750)×100
=26.7%
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