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Tell what is the profit or loss in the following transactions. Also find profit
percent or loss percent in each case.
(a) Gardening shears bought for Rs 250 and sold for Rs 325.
(b) A refrigerator bought for Rs 12,000 and sold at Rs 13,500.
(c) A cupboard bought for Rs 2,500 and sold at Rs 3,000.
(d) A skirt bought for Rs 250 and sold at Rs 150.
(a) Cost price = Rs 250
Selling price = Rs 325
Profit = 325 − 250 = Rs 75
== 30%
(b) Cost price = Rs 12000
Selling price = Rs 13,500
Profit = 13500 − 12000 = Rs 1500
Profit % = = 12.5%
(c) Cost price = Rs 2500
Selling price = Rs 3000
Profit = 3000 − 2500 = Rs 500
Profit % == 20%
(d) Cost price = Rs 250
Selling price = Rs 150
Loss = 250 − 150 = Rs 100
Loss % = = 40%
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