What is the cost price of an article which is sold at a loss of 25% for ₹ 150?
The cost price and selling price are given in the following table .Find out whether there was a profit or a loss and how much it was . Show Ex. Cost Price (in Rs) Selling Price Answer:
2. Cost price = Rs 4100; Selling price = Rs 4090 3. Cost price = Rs 700; Selling price = Rs 799 4. Cost price = Rs 1000; Selling price = Rs 920 The complete table is shown below. Ex. Cost Price (in Rs) Selling Price Page No 67:Question 2:A shopkeeper bought a bicycle for Rs 3000 and sold the same for Rs 3400. How much was his profit ? Answer:
Page No 67:Question 3:Sunandabai bought milk for Rs 475. She converted it into yoghurt and sold it for Rs 700. How much profit did she make? Answer:
Page No 67:Question 4:The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for 22050 rupees. How much profit did the WSG make? Answer:
Page No 67:Question 5:Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoilt. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much? Answer:
Page No 67:Question 6:Sharad bought one quintal of onions for Rs 2000. Later he sold them all at the rate of Rs 18 per kg. Did he make a profit or incur a loss? How much was it? Answer:
Page No 67:Question 7:Kantabai bought 25 saris from a wholesale merchant for Rs 10000 and sold them all at Rs 460 each. How much profit did Kantabai get in this transaction? Answer:
Page No 69:Question 1:From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much? Answer:
Page No 69:Question 2:Abraham bought goods worth Rs 50000 and spent Rs 7000 on transport and octroi. If he sold the goods for Rs 65000, did he make a profit or a loss? How much? Answer:
Page No 69:Question 3:Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell she had to sell it at Rs 32 per kg. How much loss did she incur? Answer:
Page No 69:Question 4:Kusumtai bought 80 cookers at Rs 700 each. Transport cost her Rs 1280. If she wants a profit of Rs 18000, what should be the selling price per cooker? Answer:Cost price of 1 cooker = Rs 700 Hence, Kusumtai should sell every cooker for Rs 941. Page No 69:Question 5:Indrajit bought 10 refrigerators at Rs 12000 each and spent Rs 5000 on transport. For how much should he sell each refrigerator in order to make a profit of Rs 20000? Answer:Cost price of 1 refrigerator = Rs 12000 Hence, Indrajit should sell every refrigerator for Rs 14500. Page No 69:Question 6:Lalitabai sowed seeds worth Rs 13700 in her field. She had to spend Rs 5300 on fertilizers and spraying pesticides and Rs 7160 on labour. If, on selling her produce, she earned Rs 35400 what was her profit or her loss? Answer:
Page No 70:Question 1:Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable? Answer:
Page No 70:Question 2:Ramrao bought a cupboard for Rs 4500 and sold it for Rs 4950. Shamrao bought a sewing machine for Rs 3500 and sold it for Rs 3920. Whose transaction was more profitable? Answer:
Page No 71:Question 3:Hanif bought one box of 50 apples for Rs 400. He sold all the apples at the rate of Rs 10 each. Was there a profit or a loss? What was its percentage? Answer:
Page No 72:Question 1:Using the figures given below, frame problems based on profit percent or loss percent Answer:
Solution : Cost price of an article = Rs 1600 Page No 72:Question 2:Using the figures given below, frame problems based on profit percent or loss percent Answer:
Solution : Cost price of mobile phone = Rs 2000 Page No 72:Question 3:Using the figures given below, frame problems based on profit percent or loss percent Answer:
Solution : Cost price of 1 almirah = Rs 1200 Page No 72:Question 4:Using the figures given below, frame problems based on profit percent or loss percent Answer:
Solution : Cost price of 50 kg of rice = Rs 2000 Page No 72:Question 5:Using the figures given below, frame problems based on profit percent or loss percent Answer:Problem : Vinay bought a machine from a factory for Rs 8600. He spent Rs 250 on transport and Rs 150 on porterage. If he sold it to a customer for Rs 10000, what was his profit percent or loss percent? What is the cost of an article which is sold at a profit of 25% for rupees 625?Thus, the Cost Price of the article is Rs. 530. Hence, option B is correct.
What is selling price of 25%?Definition of Gross Margin
For example, if a product sells for $100 and its cost of goods sold is $75, the gross profit is $25 and the gross margin (gross profit as a percentage of the selling price) is 25% ($25/$100).
What is the loss percent if a man loses ₹ 25 on selling an article for ₹ 100?Calculation: Let the selling Price be Rs. 100. ∴ The actual loss% is 20%.
What is the formula of cost price in loss?Cost price = Selling price + loss ( when selling price and loss is given ) Cost price =100×Selling Price100+Profit%( when selling price and profit % is given )
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