Advertisements
Advertisements
Question
From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?
Advertisements
Solution
Cost price of 400 eggs = Rs 1500
Money spent on transport = Rs 300
Total cost price = cost of 400 eggs + Transport charges
= 1500 + 300
= Rs 1800
Number of eggs broken = 50
∴ Number of remaining eggs = 400 − 50 = 350
Selling price of 1 egg = Rs 5
∴ Selling price of 350 eggs = 5 × 350 = Rs 1750
That is, total selling price = Rs 1750
Since total selling price is less than total cost price, so there is a loss.
Loss = Total cost price − Total selling price
= 1800 − 1750
= Rs 50
∴ Santosh suffered a loss of Rs 50 in this transaction.
RELATED QUESTIONS
A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent.
Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs 1470.
A shopkeeper bought a bicycle for Rs 3000 and sold the same for Rs 3400. How much was his profit?
The cost price and selling price are given in the following table. Find out whether there was a profit or a loss and how much it was.
| Cost Price (in Rs.) |
Selling Price (in Rs) |
Profit or Loss | How much? |
| 4100 | 4090 |
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
Vaidegi sold two sarees for ₹ 2200 each. On one she gains 10% and on the other she loses 12%. Find her total gain or loss percentage in the sale of the sarees
Gopi sold a laptop at 12% gain. If it had been sold for ₹ 1200 more, the gain would have been 20%. Find the cost price of the laptop
Fill up the appropriate boxes in the following table.
| SI. No | C.P. in ₹ |
M.P. in ₹ |
S.P. in ₹ |
Discount in ₹ |
Profit in ₹ |
Loss in ₹ |
| (i) | 110 | 130 | Nil | |||
| (ii) | 110 | 130 | 10 | |||
| (iii) | 110 | 130 | 30 | |||
| (iv) | 110 | 120 | Nil | 10 | ||
| (v) | 120 | 10 | 20 | Nil |
A man buys a chair for ₹ 1500. He wants to sell it at a profit of ₹ 250 after making a discount of ₹ 100. What is the M.P. of the chair?
At a toy shop price of all the toys is reduced to 66% of the original price. How much money would you save on a toy costing Rs 90?
