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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.
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Solution: (i) profit = SP-CP
profit % =
(ii) P=
P
(iii)
P
(iv) Loss = CP-SP
loss
answer
profit % =
(ii) P=
P
(iii)
P
(iv) Loss = CP-SP
loss
answer
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Question 2
A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss. (Hint: Find CP of each)
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| Question Text | 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 Type | Text solution:1 |
| Upvotes | 151 |
