Question

QUESTIONS :-

Q.1: A man buys a fan for Rs. 1000 and sells it at a loss of 15%. What is the selling price of the fan?

Q.2: If a pen cost Rs.50 after 10% discount, then what is the actual price or marked price of the pen?

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Answer 1

Answer:

AnSwEr Of FiRsT qUeStIoN :-

Cost Price of the fan is Rs.1000

Loss percentage is 15%

As we know, Loss percentage = (Loss/Cost Price) x 100

15 = (Loss/1000) x 100

Therefore, Loss = 150 rs.

As we know,

Loss = Cost Price – Selling Price

So, Selling Price = Cost Price – Loss

= 1000 – 150

Selling Price = R.850/-

AnSwEr Of SeCoNd QuEsTiOn :-

MP x (100 – 10) /100 = 50

MP x (90/100) = 50

MP = (50 x 100)/90

MP = Rs. 55.55/-

☆ Points to remember :-

• For-profit, the selling price should be more than the cost price

• For loss, cost price should be more than the selling price.

• The percentage value for profit and loss is calculated in terms of cost price.

Answer 2

Q.1: A man buys a fan for Rs. 1000 and sells it at a loss of 15%. What is the selling price of the fan?

Solution:-

Cost Price of the fan is Rs.1000

Loss percentage is 15%

As we know, Loss percentage = (Loss/Cost Price) x 100

15 = (Loss/1000) x 100

Therefore, Loss = 150 rs.

As we know,

Loss = Cost Price – Selling Price

So, Selling Price = Cost Price – Loss

= 1000 – 150

Selling price= Rs.850/-

Q.2:If a pen cost Rs.50 after 10% discount, then what is the actual price or marked price of the pen?

Solution:-

MP x (100 – 10) /100 = 50

MP x (90/100) = 50

MP = (50 x 100)/90

MP = Rs. 55.55/-

Points to remember:-

For-profit, the selling price should be more than the cost price

For loss, cost price should be more than the selling price.

The percentage value for profit and loss is calculated in terms of cost price.