Advertisements
Advertisements
Question
Nasim bought a pen for ₹ 60 and sold it for ₹ 54. His ______ % is ______.
Advertisements
Solution
Nasim bought a pen for ₹ 60 and sold it for ₹ 54. His loss % is 10%.
Explanation:
Given, C.P. of a pen = ₹ 60
And S.P. of a pen = ₹ 54
Since, C.P. > S.P.
∴ Loss = C.P. – S.P.
= 60 – 54
= ₹ 6
Now, Loss% = `"Loss"/(C.P.) xx 100%`
= `6/60 xx 100%`
= 10%
Hence, Nasim’s loss% is 10%.
APPEARS IN
RELATED QUESTIONS
A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.
Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
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.
Sugan bought a Jeans pant for ₹ 750. It did not fit him. He sold it to his friend for ₹ 710. Find the profit or loss to sugan
There is no profit or loss when
Discount = M.P. − __________
A stationery shop owner bought a scientific calculator for ₹ 750. He had put a battery worth ₹ 100 in it. He had spent ₹ 50 for its outer pouch. He was able to sell it for ₹ 850. Find his profit or loss
Nathan paid ₹ 800 and bought 10 bottles of honey from a village vendor. He sold them in a city for ₹ 100 per bottle. Find his profit or loss
A lady buys some pencils for Rs 3 and an equal number for Rs 6. She sells them for Rs 7. Find her gain or loss%.
Music CD originally priced at Rs 120 is on sale for 25% off. What is the S.P.?
Sonia and Rahul have different ways of calculating the sale price for the items they bought.
As you work on the next problem, try both of these methods to see which you prefer.
