Advertisements
Advertisements
Question
Loss or gain percentage is always calculated on the ________
Solution
Loss or gain percentage is always calculated on the Cost Price
APPEARS IN
RELATED QUESTIONS
Amina buys a book for ₹ 275 and sells it at a loss of 15%. How much does she sell it for?
Ravish sold his motorcycle to Vineet at a loss of 28%. Vineet spent Rs 1680 on its repairs and sold the motor cycle to Rahul for Rs 35910, thereby making a profit of 12.5%, find the cost price of the motor cycle for Ravish.
A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.
The cost price and selling price are given in the following table. Find out whether there was a profit or a loss and how much it was.
| Cost Price (in Rs.) |
Selling Price (in Rs) |
Profit or Loss | How much? |
| 4100 | 4090 |
Lalitabai sowed seeds worth Rs 13700 in her field. She had to spend Rs 5300 on fertilizers and spraying pesticides and Rs 7160 on labour. If, on selling her produce, she earned Rs 35400 what was her profit or her loss?
Hamidbhai bought bananas worth 2000 rupees and sold them all for 1890 rupees. Did he make a profit or a loss? How much was it?
Find the unknowns x, y and z.
| Name of the item | Marked Price | Selling Price | Discount |
| Book | ₹ 225 | x | 8% |
A bought a tape recorder for Rs 8,000 and sold it to B. B in turn sold it to C, each earning a profit of 20%. Which of the following is true?
Avinash bought an electric iron for Rs 900 and sold it at a gain of 10%. He sold another electric iron at 5% loss which was bought Rs 1200. On the transaction he has a ______.
Three bags contain 64.2 kg of sugar. The second bag contains `4/5` of the contents of the first and the third contains `45 1/2`% of what there is in the second bag. How much sugar is there in each bag?
