1. A watch was bought for Rs. 250 and sold it for Rs. 260. Find the profit and profit per cent.
Solution:
Given, CP = Rs. 250 and SP = Rs. 260
We have,
Profit = SP-CP = Rs. 260 - Rs. 250 = Rs. 10
We also have,
Profit per cent =profitCP ×100%
=10250 ×100% = 4 %
2. Buying a pen at Rs. 60, at what price should it be sold to get a profit of 15% ?
Solution:
Given, CP = Rs. 60
SP = ?
Also given, percentage of profit, p = 15 %
⇨SP−CCCP×100=15
⇨SP−6060×100=15
⇨(SP−60)×100=15×60
⇨SP−60=900100
⇨SP=9+60
⇨SP=69
⸫ The required SP should be Rs. 69.
Aternative Mathod
Given, CP = Rs. 60
percentage of profit, p = 15 %
We have,
SP=(100+p100)×CP
⇨SP=(100+15100)×60
⇨SP=(115100)×60
⇨SP=1.15×60
⇨SP=69
⸫ The required SP should be Rs. 69.
3. Ramen sold a mobile for Rs. 13500 at a loss of 20%. Find the CP of the mobile.
Solution:
Given, SP = Rs. 13500
loss percentage, l = 20%
We have,
CP=(100100−20)×13500
⇨CP=(10080)×13500
⇨CP=(1008)×1350
⇨CP=25×675
⇨CP=16875 (Rs.)
4. If the SP of 10 pens is equal to the CP of 8 pens, calculate the loss or gain percentage.
Solution:
Let the SP of the one pen be x
⸫ the SP of the 10 pens be 10x ...(1)
A/Q, CP of 8 pens =10x [using (1)]
⸫ CP of one pen =10x8
⸪ 10x8>x , i.e., CP>SP
⸫ There will be a loss.
Loss =10x8−x=10x−8x8=2x8=x4
⸫ Percentage of loss =Loss in one penCP of one pen×100%
=x410x8×100%
=x4×810x×100%
=20%
5. A cycle bought for Rs. 5000 is again sold at a profit of 12%. Find the SP of the cycle.
Solution:
Given, CP = Rs. 5000
percentage of profit, p = 12 %
We have,
SP=(100+p100)×CP
⇨SP=(100+12100)×5000
⇨SP=(112100)×5000
⇨SP=112×50
⇨SP=5600 (Rs.)
6. Kamal bought a water filter for Rs. 4500 and sold it at Rs. 4230. Calculate the loss per cent.
Solution:
Given, CP = Rs. 4500 and SP = Rs. 4230
We have,
Loss per cent =CP−SPCP ×100%
=4500−42304500 ×100%
=27045%
=6%
7. A shopkeeper sold a watch for Rs. 785 at a loss of 5%. What is the CP of the watch?
Solution:
Given, SP = Rs. 785
loss percentage, l = 5%
We have,
CP=(100100−5)×785
⇨CP=(10095)×785
⇨CP=(2019)×785
⇨CP=1.052×785
⇨CP=826.32 (Rs.)
8. If the selling price of 10 items is equal to the cost price of 11 items of the same types, find the profit or loss percentage.
Solution:
Let the SP of the one item be x
⸫ the SP of the 10 items be 10x ...(1)
A/Q, CP of 11 items =10x [using (1)]
⸫ CP of one item =10x11
⸪ x>10x11 , i.e., SP>CP
⸫ There will be a profit.
Profit =x−10x11=11x−10x11=x11
⸫ Percentage of loss =x1110x11×100%
=x11×1110x×100%
=10%
9. A man bought two cars for Rs. 99000 each. He sold one of them at a profit of 10% and one at a loss of 10%. Calculate the profit or loss percentage in the whole transaction.
Solution:
As the percentage of profit and loss for both the cars are same which is 10%.
So, there will be a loss by 102100% =100100% = 1 %
Solution:
Given, CP = Rs. 250 and SP = Rs. 260
We have,
Profit = SP-CP = Rs. 260 - Rs. 250 = Rs. 10
We also have,
Profit per cent =profitCP ×100%
=10250 ×100% = 4 %
2. Buying a pen at Rs. 60, at what price should it be sold to get a profit of 15% ?
Solution:
Given, CP = Rs. 60
SP = ?
Also given, percentage of profit, p = 15 %
⇨SP−CCCP×100=15
⇨SP−6060×100=15
⇨(SP−60)×100=15×60
⇨SP−60=900100
⇨SP=9+60
⇨SP=69
⸫ The required SP should be Rs. 69.
Aternative Mathod
Given, CP = Rs. 60
percentage of profit, p = 15 %
We have,
SP=(100+p100)×CP
⇨SP=(100+15100)×60
⇨SP=(115100)×60
⇨SP=1.15×60
⇨SP=69
⸫ The required SP should be Rs. 69.
3. Ramen sold a mobile for Rs. 13500 at a loss of 20%. Find the CP of the mobile.
Solution:
Given, SP = Rs. 13500
loss percentage, l = 20%
We have,
CP=(100100−20)×13500
⇨CP=(10080)×13500
⇨CP=(1008)×1350
⇨CP=25×675
⇨CP=16875 (Rs.)
4. If the SP of 10 pens is equal to the CP of 8 pens, calculate the loss or gain percentage.
Solution:
Let the SP of the one pen be x
⸫ the SP of the 10 pens be 10x ...(1)
A/Q, CP of 8 pens =10x [using (1)]
⸫ CP of one pen =10x8
⸪ 10x8>x , i.e., CP>SP
⸫ There will be a loss.
Loss =10x8−x=10x−8x8=2x8=x4
⸫ Percentage of loss =Loss in one penCP of one pen×100%
=x410x8×100%
=x4×810x×100%
=20%
5. A cycle bought for Rs. 5000 is again sold at a profit of 12%. Find the SP of the cycle.
Solution:
Given, CP = Rs. 5000
percentage of profit, p = 12 %
We have,
SP=(100+p100)×CP
⇨SP=(100+12100)×5000
⇨SP=(112100)×5000
⇨SP=112×50
⇨SP=5600 (Rs.)
6. Kamal bought a water filter for Rs. 4500 and sold it at Rs. 4230. Calculate the loss per cent.
Solution:
Given, CP = Rs. 4500 and SP = Rs. 4230
We have,
Loss per cent =CP−SPCP ×100%
=4500−42304500 ×100%
=27045%
=6%
7. A shopkeeper sold a watch for Rs. 785 at a loss of 5%. What is the CP of the watch?
Solution:
Given, SP = Rs. 785
loss percentage, l = 5%
We have,
CP=(100100−5)×785
⇨CP=(10095)×785
⇨CP=(2019)×785
⇨CP=1.052×785
⇨CP=826.32 (Rs.)
8. If the selling price of 10 items is equal to the cost price of 11 items of the same types, find the profit or loss percentage.
Solution:
Let the SP of the one item be x
⸫ the SP of the 10 items be 10x ...(1)
A/Q, CP of 11 items =10x [using (1)]
⸫ CP of one item =10x11
⸪ x>10x11 , i.e., SP>CP
⸫ There will be a profit.
Profit =x−10x11=11x−10x11=x11
⸫ Percentage of loss =x1110x11×100%
=x11×1110x×100%
=10%
9. A man bought two cars for Rs. 99000 each. He sold one of them at a profit of 10% and one at a loss of 10%. Calculate the profit or loss percentage in the whole transaction.
Solution:
As the percentage of profit and loss for both the cars are same which is 10%.
So, there will be a loss by 102100% =100100% = 1 %
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