Question

SUMMATIVE EVALUATION
PRACTICE SET 31
(Textbook page 67
1. The cost price and selling price are given in the following table. Find ou
there was a profit or a loss and how much it was :
How
Cost price
Selling price
Profit/Loss
Exercise
4500
5000
4100
(2)
4090
(3)
700
799
1000
920
Solution :
(1) C.P. =* 4500; S.P. =* 5000
(2) C.P. = 4100; S.P. = 40
S.P. is more than CP.
C.P. is more than S.P.​

Answer 1

Answer:

1...cost price 4500

selling price 5000

profit = 5000-4500

= 500

profit% = 500/5000× 100

= 10%

s.p is more than c.p

2... cost price 4100

selling price 4000

loss = 100

loss % = 100 /4000×100

= 2.5% ans