Chapter 13 Profit-Loss Practice Set 34 Solutions

Sanju bought goods worth Rs 1600 and sold them for Rs 2800. What was his profit in percentage? Cost price = Rs 1600, Selling price = Rs 2800 Profit = Selling price – Cost price = 2800 – 1600 = Rs 1200 Let Sanju make profit of x%. ∴ x = 75% ∴ Sanju made a profit of 75%.

Rakhi bought books worth Rs 2000 and sold them for Rs 1900. What was her loss in percentage? Cost price = Rs 2000, Selling price = Rs 1900 Loss = Cost price – Selling price. = 2000 – 1900 = Rs 100 Let Rakhi incur a loss of x%. ∴ x = 5% ∴ Rakhi suffered a loss of 5%.

Pallavi bought 8 tables for Rs 1200 each and sold them for Rs 1400 each. What was the percentage of her profit or loss? Cost price of 1 table = Rs 1200 ∴ Cost price of 8 tables = 1200 x 8 = Rs 9600 Selling price of 1 table = Rs 1400 ∴ Selling price of 8 tables = 1400 x8 = Rs 11200 Selling price is greater than the cost price. ∴ Pallavi made a profit. ∴ Profit = Selling price – Cost price = 11200 – 9600 = Rs 1600 Let Pallavi make a profit of x%. ∴ Pallavi made a profit of %.

Ramesh bought 50 kg grains for Rs 2000 and sold it at the rate of Rs 43 per kg. Find the percentage of profit or loss. Cost price of 50 kg grains = Rs 2000 Selling price of 1 kg grains = Rs 43 ∴ Selling price of 50 kg grains= 43 x 50 = Rs 2150 Selling price is greater than the cost price. ∴ Ramesh made a profit. ∴ Profit = Selling price – Cost price = 2150 – 2000 = Rs 150 Let Ramesh make profit of x%. ∴ Ramesh made a profit of %.

Faruk bought a fridge for Rs 8600. He spent Rs 250 on transport and Rs 150 on portage. If he sold the fridge for Rs 10,000, what was his percent profit or loss? Total cost price of a fridge = Cost of fridge + Transportation cost + Portage = 8600 + 250 + 150 = Rs 9000 ∴ Selling price = Rs 10,000 Selling price is greater than the total cost price. ∴ Faruk made a profit. Profit = Selling price – Total cost price = 10000 – 9000 = Rs 1000 Let Faruk make a profit of x% on cost price. ∴ Faruk made a profit of %.

Ramchandra bought sunflower seeds worth Rs 20500. He spent Rs 9700 on labour and Rs 5600 on chemicals and fertilizers. He sold it for Rs 28640. What is the percentage of profit or loss? Total cost price = Cost of seeds + Labour cost + Cost of chemicals and Fertilizers = 20500 + 9700 + 5600 = Rs 35800 Selling price = Rs 28,640 The total cost price is greater than selling price. ∴ Ramchandra suffered a loss. Loss = Total cost price – Selling price = 35800- 28640 = Rs 7160 Let Ramchandra incur a loss of x%. ∴ x = 20% ∴ Ramchandra incurred a loss of 20%.

Matchsticks needed to make 7 squares = 4 + (6 × 3) = 22 Matchsticks needed to make 50 squares= 4 + (49 × 3) = 151

(Students should attempt the activities on their own.)