Tell Profit or Loss - A skirt bought for Rs 250 & sold at Rs 150 - Ex 7.2

part 2 - Ex 7.2, 1 (d) - Ex 7.2 - Serial order wise - Chapter 7 Class 7 Comparing Quantities

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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. (d) A skirt bought for Rs 250 and sold at Rs 150 C.P = Rs 250 S.P = Rs 150 Here, C.P > S.P So, Loss = C.P βˆ’ S.P = Rs 250 βˆ’ 150 = Rs 100 Loss Percentage = πΏπ‘œπ‘ π‘ /(𝐢.𝑃) Γ— 100% = 𝟏𝟎𝟎/πŸπŸ“πŸŽ Γ— 100% = 10/25 Γ— 100% = 2/5 Γ— 100% = 2 Γ— 20% = 40%

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