Ex 7.2, 1 (a) - Chapter 7 Class 7 Comparing Quantities
Last updated at Dec. 16, 2024 by Teachoo
Last updated at Dec. 16, 2024 by Teachoo
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. (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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