Question 2 - Page 17 - Profit and Loss - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II)

Last updated at February 13, 2026 by

She sells crayon boxes at β‚Ή50 per box with a profit margin of 25% - Profit and Loss

part 2 - Question 2 - Page 17 - Profit and Loss - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)

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Question 2 - Page 17 She sells crayon boxes at β‚Ή50 per box with a profit margin of 25%. How much did Shambhavi buy them from the wholesaler? Given Selling Price = β‚Ή 50 Profit margin = Profit Percentage = 25% We need to find Selling Price Now, Profit Percentage = π‘·π’“π’π’‡π’Šπ’•/(π‘ͺ𝒐𝒔𝒕 π‘·π’“π’Šπ’„π’†) Γ— 100 Profit Percentage = (𝑆𝑒𝑙𝑙𝑖𝑛𝑔 π‘ƒπ‘Ÿπ‘–π‘π‘’ βˆ’ πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’)/(πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’) Γ— 100 Putting values 25 = (πŸ“πŸŽ βˆ’ π‘ͺ𝒐𝒔𝒕 π‘·π’“π’Šπ’„π’†)/(π‘ͺ𝒐𝒔𝒕 π‘·π’“π’Šπ’„π’†) Γ— 100 25/100 = (50 βˆ’ πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’)/(πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’) 1/4 = (50 βˆ’ πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’)/(πΆπ‘œπ‘ π‘‘ π‘ƒπ‘Ÿπ‘–π‘π‘’) Cross multiplying 1 Γ— Cost Price = 4 Γ— (50 – Cost Price) Cost Price = 4 Γ— 50 – 4 Γ— Cost Price Cost Price = 200 – 4 Γ— Cost Price Cost Price + 4 Γ— Cost Price = 200 5 Γ— Cost Price = 200 Cost price = 200/5 Cost Price = 40 Thus, cost price is β‚Ή 40

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CA Maninder Singh is a Chartered Accountant for the past 16 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.