Ex 7.2, 1 (b) - Chapter 7 Class 7 Comparing Quantities
Last updated at Dec. 16, 2024 by Teachoo
Ex 7.2
Ex 7.2, 1 (a)
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Transcript
Ex 7.2, 1 Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. (b) A refrigerator bought for Rs 12,000 and sold at Rs 13,500 C.P = Rs 12,000 S.P = Rs 13,500 Here, S.P > C.P So, Profit = S.P − C.P = Rs 13,500 − 12,000 = Rs 1,500 Profit Percentage = 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶.𝑃) × 100% = 𝟏𝟓𝟎𝟎/𝟏𝟐𝟎𝟎𝟎 × 100% = 15/120 × 10% = 15/12 × 10% = 𝟓/𝟒 × 10% = 5/2 × 5% = 25/2 % = 12.5%
