A trader at Pune buys a T.V for ₹ 7000 from Mumbai and sells it in Pune for ₹ 7600. If his overhead expenses amount to ₹ 1000, find his profit or loss in this transaction and express it in percentage.

Loss = 400

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Loss = 500

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Loss% = 15%

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Loss% = 5%

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Solution

The correct options are
A Loss = 400
D Loss% = 5%
Total C.P of the T.V for trader = ₹ 7000 + ₹ 1000 = ₹ 8000
Given , selling price = ₹ 7600
Loss = ₹ 8000 - ₹ 7600 = ₹ 400
Loss% = $\frac{L o s s}{T o t a l C . P} \times 100$ = $\frac{400}{8000} \times 100$ = 5%

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A trader at Pune buys a T.V for ₹ 7000 from Mumbai and sells it in Pune for ₹ 7600. If his overhead expenses amount to ₹ 1000, find his profit or loss in this transaction and express it in percentage.

The correct options are A Loss = 400 D Loss% = 5%Total C.P of the T.V for trader = ₹ 7000 + ₹ 1000 = ₹ 8000 Given , selling price = ₹ 7600 Loss = ₹ 8000 - ₹ 7600 = ₹ 400 Loss% =LossTotal C.P×100 = 4008000×100 = 5%

The correct options are
A Loss = 400
D Loss% = 5%
Total C.P of the T.V for trader = ₹ 7000 + ₹ 1000 = ₹ 8000
Given , selling price = ₹ 7600
Loss = ₹ 8000 - ₹ 7600 = ₹ 400
Loss% = $\frac{L o s s}{T o t a l C . P} \times 100$ = $\frac{400}{8000} \times 100$ = 5%