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Question
Devangi buys a chair for ₹ 700 and sells it for ₹ 750. She earns a profit of ______ % in the transaction.
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Solution
Devangi buys a chair for ₹ 700 and sells it for ₹ 750. She earns a profit of `underlinebb(7 1/7)` % in the transaction.
Explanation:
Given, CP of chair = ₹ 700
And SP of chair = ₹ 750
We know that, Profit = SP – CP = 750 – 700 = ₹ 50
Also, profit% = `"Profit"/"CP" xx 100% = 50/700 xx 100% = 7 1/7%`
Hence, the profit earned by Devangi is `7 1/7%`.
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Match the entries in Column I with the appropriate entries in Column II:
| Column I | Column II |
| (i) 3:5 | (A) ₹ 54 |
| (ii) 2.5 | (B) ₹ 47 |
| (iii) 100% | (C) ₹ 53 |
| (iv) `2/3` | (D) ₹ 160 |
| (v) `6 1/4%` | (E) 60% |
| (vi) 12.5% | (F) 25% |
| (vii) SP when CP = ₹ 50 and loss = 6 % | (G) `1/16` |
| (viii) SP when CP = ₹ 50 and profit = ₹ 4 | (H) 250% |
| (ix) Profit% when CP = ₹ 40 and SP = ₹ 50 | (I) ₹ 159 |
| (x) Profit% when CP = ₹ 50 and SP = ₹ 60 | (J) `66 2/3%` |
| (xi) Interest when principal = ₹ 800, Rate of interest = 10% per annum nd period = 2 years |
(K) 20% |
| (xii) Amount when principal = ₹ 150, Rate of interest = 6% per annum and period = 1 year |
(L) 0.125 |
| (M) 3 : 2 | |
| (N) ₹ 164 | |
| (O) 3 : 3 |
