find the profit or loss and their percentage in the following cases a. A microwave bought for ₹7250 and for ₹6000. b.A bag bought for ₹1500 and sold for ₹2010. About the author Adalyn
Answer: Q1) Tell what is the profit or loss in the following transactions. Also find profit percent or loss percent in each case. (a) Gardening shears bought for Rs. 250 and sold for Rs. 325. (b) A refrigerator bought Rs. 12,000 and sold at Rs. 13,500. (c) A cupboard bought for Rs. 2,500 and sold at Rs. 3,000. (d) A skirt bought for Rs. 250 and sold at Rs. 150. Solution: (a) The cost price of gardening shears = Rs. 250 The selling price of gardening shears = Rs. 325 Since S.P. > C.P. therefore here is profit. \therefore∴ Profit = S.P. – C.P. = 325 – 250 = Rs. 75 Now Profit% = \frac{\Pr ofit}{C.P}\times100 C.P Profit ×100 = \frac{75}{250}\times100=30\% 250 75 ×100=30% Therefore, Profit = Rs. 75 and Profit% = 30% (b) Cost price of refrigerator = Rs. 12,000 Selling price of refrigerator = Rs. 13,500 Since, S.P. > C.P., therefore here is profit. \therefore∴ Profit = S.P. – C.P. = 13500 – 12000 = Rs. 1,500 Now Profit% = \frac{\Pr ofit}{C.P}\times100 C.P Profit ×100 = \frac{1500}{12000}\times100=12.5\% 12000 1500 ×100=12.5% Therefore, Profit = Rs. 1,500 and Profit% = 12.5% (c) Cost price of cupboard = Rs. 2,500 Selling price of cupboard = Rs. 3,000 Since, S.P. > C.P., therefore here is profit. \therefore∴ Profit = S.P. – C.P. = 3,000 – 2,500 = Rs. 500 Now Profit % = \frac{\Pr ofit}{C.P}\times100 C.P Profit ×100 = \frac{500}{2500}\times100=20\% 2500 500 ×100=20% Therefore, Profit = Rs. 500 and Profit % = 20% (d) Cost price of skirt = Rs. 250 Selling price of skirt = Rs. 150 Since, C.P. > S.P., therefore here is loss. \therefore∴ Loss = C.P. – S.P. = 250 – 150 = Rs. 100 Now Loss% = \frac{Loss}{C.P}\times100 C.P Loss ×100 = \frac{100}{250}\times100=40\% 250 100 ×100=40% Therefore, Profit = Rs. 100 and Profit% = 40% Reply
Answer:
Q1) Tell what is the profit or loss in the following transactions. Also find profit percent or loss percent in each case.
(a) Gardening shears bought for Rs. 250 and sold for Rs. 325.
(b) A refrigerator bought Rs. 12,000 and sold at Rs. 13,500.
(c) A cupboard bought for Rs. 2,500 and sold at Rs. 3,000.
(d) A skirt bought for Rs. 250 and sold at Rs. 150.
Solution:
(a) The cost price of gardening shears = Rs. 250
The selling price of gardening shears = Rs. 325
Since S.P. > C.P. therefore here is profit.
\therefore∴ Profit = S.P. – C.P. = 325 – 250 = Rs. 75
Now Profit% = \frac{\Pr ofit}{C.P}\times100
C.P
Profit
×100
= \frac{75}{250}\times100=30\%
250
75
×100=30%
Therefore, Profit = Rs. 75 and Profit% = 30%
(b) Cost price of refrigerator = Rs. 12,000
Selling price of refrigerator = Rs. 13,500
Since, S.P. > C.P., therefore here is profit.
\therefore∴ Profit = S.P. – C.P. = 13500 – 12000 = Rs. 1,500
Now Profit% = \frac{\Pr ofit}{C.P}\times100
C.P
Profit
×100
= \frac{1500}{12000}\times100=12.5\%
12000
1500
×100=12.5%
Therefore, Profit = Rs. 1,500 and Profit% = 12.5%
(c) Cost price of cupboard = Rs. 2,500
Selling price of cupboard = Rs. 3,000
Since, S.P. > C.P., therefore here is profit.
\therefore∴ Profit = S.P. – C.P. = 3,000 – 2,500 = Rs. 500
Now Profit % = \frac{\Pr ofit}{C.P}\times100
C.P
Profit
×100
= \frac{500}{2500}\times100=20\%
2500
500
×100=20%
Therefore, Profit = Rs. 500 and Profit % = 20%
(d) Cost price of skirt = Rs. 250
Selling price of skirt = Rs. 150
Since, C.P. > S.P., therefore here is loss.
\therefore∴ Loss = C.P. – S.P. = 250 – 150 = Rs. 100
Now Loss% = \frac{Loss}{C.P}\times100
C.P
Loss
×100
= \frac{100}{250}\times100=40\%
250
100
×100=40%
Therefore, Profit = Rs. 100 and Profit% = 40%
Answer:
14250
3510
is the correct answer