find the profit or loss percentage -: Q -: C.P=20000, S.P=2275​

Question

find the profit or loss percentage -: Q -: C.P=20000, S.P=2275​

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Ximena 6 days 2021-09-13T14:04:42+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-09-13T14:05:48+00:00

    Answer:

    On finding sp when cp and profit or loss percent are given

    In this method you can use proportion or formula.

    If Profit % is given then selling price will be

    CP (100 + P%)

    SP = ——————

    100

    To find SP when loss % and CP are given

    CP (100 – L%)

    SP = ——————

    100

    Illustration 1 : Cost price = $450, Profit % = 5% find SP.

    Solution :

    As profit percent is given, we use the following formula.

    CP (100 + P%)

    SP = ——————

    100

    450 (100 + 5)

    SP = ——————

    100

    450 x 105

    SP = ————-

    100

    47250

    SP = ———–

    100

    ∴ Selling price = $472.50

    ________________________________________________________________________

    Illustration 2 : A bookseller sold 500 copies of a book at a profit of 20%. If a book costs him $15, find the selling price of the books.

    Solution:

    We have, Cost of one copy =

    15

    C

    o

    s

    t

    o

    f

    500

    c

    o

    p

    i

    e

    s

    =

    (500 x 15) =

    7500

    I

    t

    i

    s

    g

    i

    v

    e

    n

    t

    h

    a

    t

    t

    h

    e

    b

    o

    o

    k

    s

    e

    l

    l

    e

    r

    s

    o

    l

    d

    500

    c

    o

    p

    i

    e

    s

    a

    t

    a

    p

    r

    o

    f

    i

    t

    o

    f

    20

    P

    r

    o

    f

    i

    t

    =

    20

    1500

    Now, S.P. = C.P. + Profit = 7500 + 1500 = $ 9000

    __________________________________________________________________________

    Illustration 3 Bobby bought oranges at $5 a dozen. He had to sell them at a loss of 5%. Find the selling price of one orange.

    Solution:

    We have, C.P. of one dozen oranges =

    5

    L

    o

    s

    s

    L

    o

    s

    s

    =

    5

    5 = 5/100 x 5=

    ¼

    S

    .

    P

    .

    =

    C

    .

    P

    .

    L

    o

    s

    s

    =

    5

    ¼

    =

    19/4

    Thus, S.P. of one dozen oranges =

    19

    /

    4

    S

    .

    P

    .

    o

    f

    o

    n

    e

    o

    r

    a

    n

    g

    e

    =

    19/4 x 1/12 =

    0.395

    o

    r

    40

    Profit and Loss

    • Finding profit or loss percent

    • Finding cp when sp and Profit or Loss percent are given

    • Finding sp when cp and Profit or Loss percent are given

    0
    2021-09-13T14:06:19+00:00

    Answer:

    CP=20000

    SP=2275

    CP>SP

    So there will be a loss

    Loss=CP-SP

    Loss=20000-2275

    Loss=17725

    Loss%=\frac{Loss}{CP}\times 100

    Loss%=\frac{17725}{20000}\times 100

    Loss%=88.625

    therefore loss%=88.625

    <marquee>Hope This Helps You

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