Page 159 - New Medley 4 Semester 2 PDF (Merged)

Note: Sometimes, the shopkeeper spends money on the articles for

transportation, maintenance, overheads, etc. These expenses are the
parts of the cost price and are added to the cost price of the article.

Example 3: Mr Vinay bought an old car for `65000. He spent
`10500 more on its repairs and sold it for `90000. Find

his profit or loss.

Solution: Here, cost price of the car = `65000

Overhead expense = `10500

So, actual cost price = `65000 + `10500 = `75500

Selling price of the car = `90000

Here, S.P. > C.P., there is a profit.

Hence, Profit = Selling price – Actual cost price

= `90000 – `75500 = `14500

EXERCISE 5.1

A. Calculate the profit or loss.

1. C.P. = `100, S.P. = `130

2. C.P. = `150, S.P. = `230

3. C.P. = `1200, S.P. = `900

4. C.P. = `1500, S.P. = `1200

5. S.P. = `600.50, C.P. = `550, overhead expense = `12.50

6. C.P. = `78000, S.P. = `85000, maintenance = `4500

B. Solve the following problems.
1. Tanya bought a watch for `5000 and sold it for `4500. Find her profit

or loss.
2. Rohit bought a mobile phone for `25000 and sold it for `16900. Find

his profit or loss.

3. Charu bought an old table for `1500. She spent `100 on its repairs and
sold it for `2000. Find her profit or loss.

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