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Ex 8.3, 1 (a) - Chapter 8 Class 7 Comparing Quantities

Last updated at March 23, 2023 by

Ex 8.3, 1 - Tell what is the profit or loss in following transactions

Ex 8.3, 1 - Chapter 8 Class 7 Comparing Quantities - Part 2

 

 

 

 

 

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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. (a) Gardening shears bought for Rs 250 and sold for Rs 325 C.P = Rs 250 S.P = Rs 325 Here, S.P > C.P So, Profit = S.P − C.P = 325 − 250 = Rs 75 Profit Percentage = 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶.𝑃) × 100% = 75/250 × 100% = 75/25 × 10% = 15/5 × 10% = 3 × 10% = 30%

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