Question

What is the cost price of a notebook, if there is a profit of 300 by selling 5 dozen notebook for 1200

please tell me fast
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Answer 1

Answer:

Cost price = Rs 4500; Selling price = Rs 5000

Here selling price is more than cost price, so there is a profit.

Profit = Selling price − Cost price

= 5000 − 4500

= Rs 500

Hence, there is a profit of Rs 500.

2. Cost price = Rs 4100; Selling price = Rs 4090

Here selling price is less than cost price, so there is a loss.

Loss = Cost price − Selling price

= 4100 − 4090

= Rs 10

Hence, there is a loss of Rs 10.

3. Cost price = Rs 700; Selling price = Rs 799

Here selling price is more than cost price, so there is a profit.

Profit = Selling price − Cost price

= 799 − 700

= Rs 99

Hence, there is a profit of Rs 99.

4. Cost price = Rs 1000; Selling price = Rs 920

Here selling price is less than cost price, so there is a loss.

Loss = Cost price − Selling price

= 1000 − 920

= Rs 80

Hence, there is a loss of Rs 80.