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Question

# Tell what is the profit or loss in the following transactions. Also, find profit percent or loss percent in each case.A) Gardening shears bought for Rs.250 and sold for Rs.325.B) A refrigerater bought for Rs.12,000 and sold at Rs.13,500.C) A cupboard bought for Rs.2,500 and sold at Rs.3,000.D) A skirt bought for Rs.250 and sold at Rs.150.

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Solution

## A) C.P of gardening shears =Rs.250S.P of gardening shears =Rs.325Since, S.P > C.P, thereforeProfit S.P − C.P =325−250=Rs.75∴ Profit =ProfitCP×100%=75250×100%Profit =30%B) C.P of refrigerator =Rs.12,000S.P of refrigerator =Rs.13,500Since, S.P > C.P, thereforeProfit = S.P−C.P =13,500−12,000=Rs.1,500∴ Profit %=ProfitCP×100%=150013500×100Profit =11.11%C) C.P of cupboard =Rs.2500S.P of cupboard =Rs.3000Since, S.P > C.P, thereforeProfit = S.P−C.P =3000−2500=Rs.500∴ Profit %=ProfitCP×100%=5002500×100Profit =20%D) C.P of a skirt =Rs.250S.P of a skirt =Rs.150Since, S.P > C.P , thereforeLoss = C.P−S.P =250−150=Rs.100∴ Loss %=LossCP×100=100250×100=40%Loss =40%Hence, solved.

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