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 cost price is Rs.230 and selling price is Rs.195, then the Loss is ___________ | |||
Right Option : B | |||
View Explanation |
If cost price is Rs.110 and selling price is Rs.105,then Loss is ________ | |||
Right Option : C | |||
View Explanation |
If the Cost Price of an article is greater than the Selling Price, we have a _________. | |||
Right Option : A | |||
View Explanation |
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Abhyas institute is one of the best coaching institute in the vicinity of Ambala Cantt area. The teachers of the institute are well experienced and very helpful in solving the problems of the students.The good thing of the institute is that it is providing extra classes for the students who are w...
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