Advertisements
Advertisements
Question
Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell she had to sell it at Rs 32 per kg. How much loss did she incur?
Advertisements
Solution
Cost price of 50 kg of sugar = Rs 1750
Selling price of 1 kg of sugar = Rs 32
∴ Selling price of 50 kg of sugar = 50 × 32 = Rs 1600
Since selling price is less than cost price, so there is a loss.
Loss = Cost Price − Selling Price
= 1750 − 1600
= Rs 150
∴ Ajit Kaur incurred a loss of Rs 150 in this transaction.
APPEARS IN
RELATED QUESTIONS
A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent.
A shopkeeper marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receives Rs 1064 after paying the discount?
Using the figures given below, frame problems based on profit percent or loss percent.
Cost price of 50 Kg grain ₹ 2000, selling price ₹ 43 per kg.
Using the figures given below, frame problems based on profit percent or loss percent.
Cost price ₹ 8600, transport charges ₹ 250, porterage ₹ 150, selling price ₹ 10000
A mixer grinder marked at ₹ 4500 is sold for ₹ 4140 after discount. The rate of discount is __________
Find the unknowns x, y and z.
| Name of the item | Marked Price | Selling Price | Discount |
| LED TV | y | ₹ 11970 | 5% |
Sultana bought the following things from a general store. Calculate the total bill amount paid by her.
(i) Medicines costing ₹800 with GST at 5%
(ii) Cosmetics costing ₹ 650 with GST at 12%
(iii) Cereals costing ₹900 with GST at 0%
(iv) Sunglass costing ₹1750 with GST at18%
(v) Air Conditioner costing ₹28500 with GST at 28%
The original price of a washing machine which was bought for Rs 13,500 inclusive of 8% VAT is ______.
A man purchased a bicycle for Rs 1,040 and sold it for Rs 800. His gain per cent is 30%.
Sanjay is looking for one-bedroom apartment on rent. At Neelgiri apartments, rent for the first two months is 20% off. The one-bedroom rate at Neelgiri is Rs 6,000 per month. At Savana apartments, the first month is 50% off. The one-bedroom rate at Savana apartments is Rs 7000 per month. Which apartment will be cheaper for the first two months? By how much?
