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? |
| 700 | 799 |
Advertisements
Solution
Cost price = Rs 700; Selling price = Rs 799
Here selling price is more than cost price, so there is a profit.
Profit = Selling price − Cost price
= 799 − 700
= Rs 99
Hence, there is a profit of Rs 99.
| Cost Price (in Rs.) |
Selling Price (in Rs) |
Profit or Loss | How much? |
| 700 | 799 | Profit | Rs. 99 |
RELATED QUESTIONS
A boy buys 9 apples for Rs 9.60 and sells them at 11 for Rs 12. Find his gain or loss percent.
Shabana bought 16 dozen ball bens and sold them at a loss equal to S.P. of 8 ball pens. Find S.P. of 1 dozen ball pens, if she purchased these 16 dozen ball pens for Rs 576.
A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.
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? |
| 1000 | 920 |
Sunandabai bought milk for ₹ 475. She converted it into yoghurt and sold it for ₹ 700. How much profit did she make?
Sharad bought one quintal of onions for Rs 2000. Later he sold them all at the rate of Rs 18 per kg. Did he make a profit or incurs a loss? How much was it?
‘Overhead expenses’ is always included in __________
The cost price of 10 tables is equal to the sale price of 5 tables. The profit per cent in this transaction is ______.
A store is having a 25% discount sale. Sheela has a Rs 50 gift voucher and wants to use it to buy a board game marked for Rs 320. She is not sure how to calculate the concession she will get. The sales clerk has suggested two ways to calculate the amount payable.
- Method 1: Subtract Rs 50 from the price and take 25% off the resulting price.
- Method 2: Take 25% off the original price and then subtract Rs 50.
- Do you think both the methods will give the same result? If not, predict which method will be beneficial for her.
- For each method, calculate the amount Sheela would have to pay. Show your work.
- Which method do you think stores actually use? Why?
If 90% of x is 315 km, then the value of x is ______.
