Advertisements
Advertisements
Question
Tell what is the profit or loss in the following transaction. Also find profit percent or loss percent in given case.
A skirt bought for ₹ 250 and sold at ₹ 150.
Advertisements
Solution
Cost price = ₹ 250
Selling price = ₹ 150
Loss = 250 − 150
= ₹ 100
Loss% = `"Loss"/"C.P." xx 100`
= `100/250 xx 100`
= 40%
Hence, loss = ₹ 100 and loss percentage = 40%.
RELATED QUESTIONS
Amita purchased a handbag for Rs.3000 and sold it at 20% above the cost price. If Rs. 360 is paid as tax on it, find her net profit and profit percentage.
By selling a cupboard for Rs.6480, a merchant loses 10%. Calculate his loss if he sells it for Rs.7560.
The cost price of 5 pens is the same as the selling price of 4 of them. Find the gain percent.
A milkman purchases milk at the rate of rs. 14 per litre and then mixes 40% water to it. Find the profit per cent, if he sells the mixture at Rs. 6 per litre.
40 unfinished articles were bought for Rs.54400 and Rs.140 per article was spent on their finishing. Find the profit percent made if, one-fourth of these articles were sold at Rs.2100 each and the rest for Rs.1800 each.
A certain number of eggs are bought at 4 for 5 and an equal number at 9 for Rs.10. If 15% were broken in transaction and remaining were sold at 2 for Rs.3, find the profit percent and the number of eggs of each kind bought, if Rs.510 were gained on the whole.
A man sells 4 identical kites for Rs. 12 and makes a profit of 20%. If he sells 6 such kites for Rs. 24, find his gain or loss percent.
Rohit purchased a TV for Rs.15,000 and sold it at 20% above the cost price. If the selling price includes Rs. 1000 as tax, find his net profit and profit percent.
Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable?
Ramrao bought a cupboard for Rs 4500 and sold it for Rs 4950. Shamrao bought a sewing machine for Rs 3500 and sold it for Rs 3920. Whose transaction was more profitable?
