Question

Revision Assignment of Ch 10 Profil and Loss.
A student buys a pen for Rs. 9o and sells it for Rs. 100. Find his gain and gain percent.
02. The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
Q3. A retailer buys a radio for Rs 225. His overhead expenses are Rs. 15 If he sells the radio for Rs 300, determine his profit percent.
Q4. A tea set was bought for Rs. 528 after getting a discount of 12% on its marked price. Find the marked price of the tea set.
Q5. If marked price= Rs. 990 and percentage of discount is 10, then find the selling price.
Q6. Mohit bought a shirt for Rs. 1337.50 including VAT at 7%. Find the original price of the shirt.
Q7. Malti bought a VCR for Rs. 19980 including VAT. If the original price of VCR be Rs. 18500, find the rate of VAT.
Q8. Fill in the blanks...
1. The discount is allowed on the_______.
2. SP= Marked price- ______.
3. VAT is charged on the ______ of the article.​

Answer 1

Step-by-step explanation:

1. 10×100/90 = 9.09 %

2 10 CP = 9 SP

CP : SP

9 : 10

% = 1/9 = 9.09 %

3. 225 + 15 = 240

CP = 240

SP = 300

% = 60×100/240

% = 25%

4. MP × DISCOUNT/100 = SP

MP ×22/25 = 528

MP = 28 × 25 = 700

5. 990 × 9/10 = SP

SP = 891