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1. Find the profit or loss per cent in the following cases. (i) Cost price = 24 and selling price = 30.(ii) Cost price 250 and selling price = 200.(ii) Selling price360 and cost price 300.(iv) Selling price = 1600 and cost price = 1800.- |
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Answer» (i) cost price 24selling price 30profit (30-24)=6profit percent =profit×100/cost price=6×100/24%=25%(II) cost price=250selling price =200loss=250-200=50loss percent =50×100/250%=20%(iii) cost price =300selling price =360profit=360-300=60profit percent =60×100/300%=20%(iv) cost price=1800selling price=1600loss=1800-1600=200loss percent =200×100/1800%=100/9%=11 1/9% |
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