Profit and Loss in Rupees
Profit and Loss in Rupees
Profit and Loss in Rupees:
Profit = Selling Price - Cost Price
Loss = Cost Price - Selling Price
For Example:
Example 1: Reena sold a pencil for Rs 6 which She had bought for Rs 5. Find her profit or loss.
Sol : Cost Price of One pencil = 5 Rs.
Selling Price of One pencil = 6 Rs.
As selling price is more than cost price so she is making profit.
Profit = SP -CP = 6- 5 = 1 Re.
Example 2: Simon 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 X 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 cost price is Rs.230 and selling price is Rs.195, then the Loss is ___________ | |||
| Right Option : B | |||
| View Explanation | |||
_____________ = Selling Price - Cost Price | |||
| Right Option : A | |||
| 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 | |||
Students / Parents Reviews [10]
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.
Cheshta
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Hiya Gupta
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Yatharthi Sharma
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Eshan Arora
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Om Umang
10thAbhyas Methodology is very good. It is based on according to student and each child manages accordingly to its properly. Methodology has improved the abilities of students to shine them in future.
