Question

Tell what is the profit or loss in the following transactions. Also find profit per cent orloss per cent in each case.(a) Gardening shears bought for Rs 250 and sold for Rs 325.(b) A refrigerater bought for Rs 12,000 and sold at Rs 13,500.(c) A cupboard bought for Rs 2,500 and sold at Rs 3,000.(d) A skirt bought for Rs 250 and sold at Rs 150.

Answer 1

(i) profit = SP-CP`=325-250`
`= 75 rs`
profit % = `75/250 xx 100 = 30 %`
(ii) P= `13500 - 12000 =1500 rs`
P `% = 1500/12000 xx 100 = 150/12 = 12.5 %`
(iii) `P= 3000- 2500= 500 Rs`
P `5= 500/2500 xx 100 = 20 %`
(iv) Loss = CP-SP
`= 250 - 150 = 100 rs`
loss `% = 100/250 xx 100 = 40%`
answer