Question 1 (a)
Tell what is the profit or loss in the following transactions. Also find the profit percent or loss percent in each case.
a) Gardening shears bought for Rs 250 and sold for Rs 325.

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Solution

a) Cost price = Rs 250
Selling price = Rs 325
Profit = 325 - 250=Rs 75
$P r o f i t % = \frac{p r o f i t}{C P} \times 100 = \frac{75}{250} \times 100 = 30 %$

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Cost Price and Selling Price

Standard VIII Mathematics

Question 1 (a) Tell what is the profit or loss in the following transactions. Also find the profit percent or loss percent in each case. a) Gardening shears bought for Rs 250 and sold for Rs 325.

a) Cost price = Rs 250 Selling price = Rs 325 Profit = 325 - 250=Rs 75 Profit%=profitCP×100=75250×100=30%

Question 1 (a)
Tell what is the profit or loss in the following transactions. Also find the profit percent or loss percent in each case.
a) Gardening shears bought for Rs 250 and sold for Rs 325.

a) Cost price = Rs 250
Selling price = Rs 325
Profit = 325 - 250=Rs 75
$P r o f i t % = \frac{p r o f i t}{C P} \times 100 = \frac{75}{250} \times 100 = 30 %$