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Standard VIII
Mathematics
Prices / Charges Related to Buying and Selling
Calculate the...
Question
Calculate the profit
A refrigerater bought for
R
s
12
,
000
and sold at
R
s
13
,
500
.
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Solution
Cost price of refrigerator
=
R
s
.
12000
Selling price of refrigerator
=
R
s
.
13500
Therefore,
Profit
=
Selling price
−
Cost price
∴
Profit
=
13500
−
12000
=
R
s
.
1500
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Tell what is the profit or loss in the following transaction. Also find profit per cent or loss per cent in the case.
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