Ex 8.3, 1 - Chapter 8 Class 7 Comparing Quantities - Part 5

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Ex 8.3, 1 - Chapter 8 Class 7 Comparing Quantities - Part 6

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  1. Chapter 8 Class 7 Comparing Quantities
  2. Serial order wise

Transcript

Ex 8.3, 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 is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 10 years. He provides courses for Maths and Science at Teachoo.