Advertisements
Advertisements
Question
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? |
| 4500 | 5000 |
Advertisements
Solution
Cost price = Rs 4500; Selling price = Rs 5000
Here selling price is more than cost price, so there is a profit.
Profit = Selling price − Cost price
= 5000 − 4500
= Rs 500
Hence, there is a profit of Rs 500.
| Cost Price (in Rs.) |
Selling Price (in Rs) |
Profit or Loss | How much? |
| 4500 | 5000 | Profit | Rs. 500 |
RELATED QUESTIONS
The cost of an article was Rs 15,500. Rs 450 were spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article
On the eve of Gandhi Jayanti a saree is sold for Rs 720 after allowing 20% discount. What is its marked price?
A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs 170?
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.
If selling an article for ₹ 820 causes 10% loss on the selling price, then find its cost price.
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 man bought 400 metre of cloth for ₹ 60,000 and sold it at the rate of ₹ 400 per metre. Find his profit or loss
The buying price of 5 kg of flour with the rate Rs 20 per kg, when 5% ST is added on the purchase is Rs 21.
Sanjay is looking for one-bedroom apartment on rent. At Neelgiri apartments, rent for the first two months is 20% off. The one-bedroom rate at Neelgiri is Rs 6,000 per month. At Savana apartments, the first month is 50% off. The one-bedroom rate at Savana apartments is Rs 7000 per month. Which apartment will be cheaper for the first two months? By how much?
By selling a book for ₹ 50, a shopkeeper suffers a loss of 10%. The cost price of the book is ₹ 60.
