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Question -

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



Answer -

(a) Here, CP = ₹ 250
SP = ₹ 325
Since SP > CP
∴ Profit = SP – CP
= ₹ 325 – ₹ 250 = ₹ 75
 
Hence, the required profit = ₹ 75
and Profit per cent = 30%
(b) Here, CP = ₹ 12,000
SP = ₹ 13,500
Since SP > CP
∴ Profit = SP – CP
= ₹ 13,500 – ₹ 12,000 = ₹ 1,500
 
Hence, the required profit = ₹ 1500 × 100
profit % =  
(c) Here, CP = ₹ 2500
SP = ₹ 3000
Since SP > CP
∴ Profit = SP – CP
= ₹ 3000 – ₹ 2500 = ₹ 500
 
Hence, the required profit = ₹ 500 and profit% = 20%
(d) Here, CP = ₹ 250
SP = ₹ 150
Here CP > SP
∴ Loss = CP – SP
= ₹ 250 – ₹ 150 = ₹ 100
 
Hence, the required loss = ₹ 100 and loss% = 40%

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