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Find Profit and Loss Percentage. Recap When S.P>C.P there is profit Profit = Selling price – Cost price Selling price = Cost price + Profit Cost price = Selling price – Profit. When S.P<C.P there is Loss Loss = Cost price – Selling price Selling price = Cost price - Loss
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Find Profit and Loss Percentage
Recap • When S.P>C.P there is profit • Profit = Selling price – Cost price • Selling price = Cost price + Profit • Cost price = Selling price – Profit • When S.P<C.P there is Loss • Loss = Cost price – Selling price • Selling price = Cost price - Loss • Cost price = Selling price + Loss
Example1: - Find the missing values Profit (P) Profit (P) Loss (L) Loss (L) Cost price (C.P) Cost price (C.P) Selling price (S.P) Selling price (S.P) Rs 7,282 ? Rs 208 We know that Selling price(S.P) = Cost Price(C.P) + Profit(P) = 7282 +208 = Rs 7490 (ans) Example2: - Find the missing values ? Rs 572 Rs 72 We know that Cost Price(C.P) = Selling price(S.P) - Profit(P) = 572 – 72 = Rs 500 (ans)
Example3: - Find the missing values Profit (P) Profit (P) Loss (L) Loss (L) Cost price (C.P) Cost price (C.P) Selling price (S.P) Selling price (S.P) Rs 9,684 ? Rs 684 We know that Selling price(S.P) = Cost Price(C.P) – Loss(L) = 9684 – 684 = Rs 9000 (ans) Example4: - Find the missing values ? Rs 1,973 Rs 273 We know that Cost Price(C.P) = Selling price(S.P) - Profit(P) = 1973 – 273 = Rs 1700 (ans)
Example 5: - Fill up the appropriate boxes and leave the rest. S.P Profit % Loss% C.P Rs 320 Rs 384 20 % Solution Since Selling price(S.P) > Cost Price(C.P) therefore profit We know that Profit(P) = Selling price(S.P) - Cost Price(C.P) = 384 – 320 = Rs 64 Ans:- Profit% = 20%
Example 6: - Fill up the appropriate boxes and leave the rest. S.P Profit % Loss% C.P Rs 380 Rs 361 5 % Solution Since Selling price(S.P) < Cost Price(C.P) therefore loss Loss(L) = Cost Price(C.P) - Selling price(S.P) = 380 – 361 = Rs 19 Ans:- loss% = 5%
Example 7: - Fill up the appropriate boxes and leave the rest. S.P Profit % Loss% C.P Rs 40 Rs 2 loss Rs 42 5% Solution We know that Selling price(S.P) = Cost price (C.P) + Loss(L) = 40 + 2 = Rs 42 Ans:- S.P = Rs 42 , Loss% = 5%
Example 8: - Fill up the appropriate boxes and leave the rest. Profit % S.P Loss% C.P Rs 5000 Rs 500 profit 10% Rs 5500 Solution We know that Selling price(S.P) = Cost price (C.P) + Profit(P) = 5000 + 500 = Rs 5500 Ans:- S.P = Rs 42 , Profit% = 10%
Try these Fill up the appropriate boxes and leave the rest. Loss% C.P S.P Profit % 1) Rs 2000 Rs 200 profit 2) Rs 1200 Rs 1500