Page 110 - New Medley 5 Semester 2

3. S.P. = `650, C.P. = `600

4. S.P. = `927.50, C.P. = `792.50
5. C.P. = `6200, S.P. = `5905

6. S.P. = `10500, C.P. = `11000

C. Find the selling price in each of the following.

1. C.P. = `80, Profit = `10
2. C.P. = `240, Loss = `12

3. C.P. = `600.75, Loss = `71.25

4. C.P. = `5420, Profit = `500

5. Transportation = `80, C.P. = `800, Profit = `60

6. C.P. = `70,000, Profit = `5490, repairing cost = `2850

D. Solve the following word problems.

1. A bike was sold for `32500 making a profit of `4700. Find the cost
price of the bike.
2. Ashraf bought a bicycle for `3500 and sold it for `3750. Find his gain

or loss.
3. Zubina sold her sewing machine for `4500 and she incurred a loss of `500.

What was the cost price of the sewing machine?
4. Abhishek bought an old car for `78900 and spent `10100 on its repairing.

At what price would he sell so that he earns a profit of `15000?

5. Abhay bought a CD Player for `6400 and sold it for `7100. Find the

profit or loss he made.
6. A farmer bought a cow for `17800 and a goat for `3200. He sold both

for `19,000. Find the profit or loss.

Profit and Loss Percent

When profit or loss is expressed using percentage, it is called profit per
cent or loss percent (in short P% or L%). The profit or loss percent is

always calculated on the cost price of an article.
 Profit   P 

Profit percent =  ×100  % or P% =  ×100  %
 Costprice   CP.. 
   

108