Profit and Loss in Rupees:
Profit = Selling Price - Cost Price
Loss = Cost Price - Selling Price
For Example:
Example 1: A sold a house for Rs 49600 which he had bought for Rs 45000. Find his profit or loss.
Sol : Cost Price of house = 45000 Rs.
Selling Price of house = 49600 Rs.
As selling price is more than cost price so he is making profit.
Profit = SP -CP = 49600- 45000 = 4600 Rs.
Example 2: Suresh bought one dozen oranges at the rate of Rs 6 per orange and sold them at thr rate of Rs 60 per dozen. Find his profit or loss.
Sol : Cost of one orange is = 6 Rs.
Cost Price of One dozen oranges = 6 12 = 72 Rs.
Selling Price of One Dozen Oranges = 60 Rs.
As selling price is less than cost price so he is making loss.
Loss = CP -SP = 72-60 = 12 Rs.
If the Cost Price of an article is greater than the Selling Price, we have a _________. | |||
Right Option : A | |||
View Explanation |
If cost price is Rs.230 and selling price is Rs.195, then the Loss is ___________ | |||
Right Option : B | |||
View Explanation |
A merchant buys 30 kg of rice at Rs 40/kg, and another 20 kg of rice at Rs 30/kg. He mixes them and sells half of the mixture at Rs. 36/kg. At what price should he sell the remaining mixture to get an overall profit of 30%? | |||
Right Option : A | |||
View Explanation |
My experience with Abhyas is very good. I have learnt many things here like vedic maths and reasoning also. Teachers here first take our doubts and then there are assignments to verify our weak points.
One of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.
It was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
It was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
A marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
I have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
About Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
My experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Being a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.