Advertisements
Advertisements
Question
In case of loss, `C.P. = (100 xx S.P.)/(100 + Loss%)`
Options
True
False
Advertisements
Solution
This statement is False.
Explanation:
We know that,
Loss = Cost price – Selling price
∴ Loss % = `"Loss"/"Cost price" xx 100`
∴ Cost price = `100/(100 - "Loss"%) xx "Selling price"`
APPEARS IN
RELATED QUESTIONS
Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.
A shopkeeper allows 23% commision on his advertised price and still makes a profit of 10%. If he gains Rs 56 on one item, find his advertised price.
Sunandabai bought milk for ₹ 475. She converted it into yoghurt and sold it for ₹ 700. How much profit did she make?
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?
Meenu bought two fans for ₹ 1200 each. She sold one at a loss of 5% and the other at a profit of 10%. Find the selling price of each. Also, find out the total profit or loss.
Find the unknowns x, y and z.
| Name of the item | Marked Price | Selling Price | Discount |
| Book | ₹ 225 | x | 8% |
Valarmathi sold her pearl set for ₹ 30,000 at profit of ₹ 5000. Find the cost price of the pearl set
Discount is subtracted from ________ to get S.P.
A man purchased a bicycle for Rs 1,040 and sold it for Rs 800. His gain per cent is 30%.
A vendor purchased 720 lemons at ₹ 120 per hundred.10% of the lemons were found rotten which he sold at ₹ 50 per hundred. If he sells the remaining lemons at ₹ 125 per hundred, then his profit will be 16%.
