Question

tous 25.60.000
2700.000
class VII maths
Q2. Fill in the Blanks:
cis paret profitila
rii) Loss %
x 100
cost price
rii
Lossl. = Loss/cost price x 100
riv)
Loss and profit always calcula
ou
(v)
profit=-
-cost price​

Answer 1

Answer:

i) CP = 100−loss%100×sellingprice

ii) If selling price is more than cost price, profit occurs.

   profit = selling price – cost price

   If selling price is less than cost price, loss occurs

   loss = cost price - selling price

Profit percentage and loss percentage are always calculated on costprice