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Learn in your speed, with individual attention - Teachoo Maths 1-on-1 Class


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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. (c) A cupboard bought for Rs 2,500 and sold at Rs 3,000. C.P = Rs 2500 S.P = Rs 3000 Here, S.P > C.P So, Profit = S.P − C.P = Rs 3000 − 2500 = Rs 500 Profit Percentage = 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶.𝑃) × 100% = 𝟓𝟎𝟎/𝟐𝟓𝟎𝟎 × 100% = 5/25 × 10% = 1/5 × 10% = 20%

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.