Given the following values, find the unknown values:(i) C.P. = Rs 1200

1.	Given the following values, find the unknown values:(i) C.P. = Rs 1200, S.P. = Rs 1350 Profit/Loss?(ii) C.P. = Rs 980, S.P. = Rs 940 Profit/Loss =?(iii) C.P. = Rs 720, S.P. =?, Profit = Rs 55.50(iv) C.P. =? S.P. = Rs 1254, Loss = Rs 32
Answer» (i) Given CP = Rs. 1200, SP = Rs. 1350 Clearly CP < SP. So, profit. Profit = SP – CP = Rs. (1350 – 1200) = Rs. 150 (ii) Given CP = Rs. 980, SP = Rs. 940 Clearly CP > SP. So, loss. Loss = CP – SP = Rs. (980 – 940) = Rs. 40 (iii) CP = Rs. 720, SP =?, profit = Rs. 55.50 Profit = SP – CP 55.50 = SP – 720 SP = (55.50 + 720) = Rs. 775.50 (iv) CP =?, SP = Rs. 1254, loss = Rs. 32 Loss = CP – SP 32 = CP – 1254 CP = (1254 + 32) = Rs. 1286

Given the following values, find the unknown values:(i) C.P. = Rs 1200, S.P. = Rs 1350 Profit/Loss?(ii) C.P. = Rs 980, S.P. = Rs 940 Profit/Loss =?(iii) C.P. = Rs 720, S.P. =?, Profit = Rs 55.50(iv) C.P. =? S.P. = Rs 1254, Loss = Rs 32

Answer»

(i) Given CP = Rs. 1200, SP = Rs. 1350

Clearly CP < SP. So, profit.

Profit = SP – CP

= Rs. (1350 – 1200)

= Rs. 150

(ii) Given CP = Rs. 980, SP = Rs. 940

Clearly CP > SP. So, loss.

Loss = CP – SP

= Rs. (980 – 940)

= Rs. 40

(iii) CP = Rs. 720, SP =?, profit = Rs. 55.50

Profit = SP – CP

55.50 = SP – 720

SP = (55.50 + 720)

= Rs. 775.50

(iv) CP =?, SP = Rs. 1254, loss = Rs. 32

Loss = CP – SP

32 = CP – 1254

CP = (1254 + 32)

= Rs. 1286