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Activity Discussion Math Profit and Loss

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  • Profit and Loss

    Posted by Deepak on June 22, 2023 at 3:28 pm

    Anirudh buys a pen at the price of 10 rupees after 3 days he sold the pen to his friend sonu at 5 rupees. Did he incurred any loss or profit. If he made a profit what is the percentage of profit and if he made a loss what is the percentage of loss incurred in pen?

    Tanya replied 1 year ago 4 Members · 3 Replies
  • 3 Replies
  • Prathyush

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    June 22, 2023 at 3:39 pm
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    ::

    Anirudh bought a pen for 10 rupees and sold it to Sonu for 5 rupees.
    Since 5 is less than 10, Anirudh made a loss.
    He sold the pen for half of what he bought it for.
    The percentage of loss is 100%.
    Anirudh lost all the money he spent on buying the pen.

  • Shruti

    Member
    June 22, 2023 at 3:42 pm
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    Cost Price (CP) of Pen = Rs. 10 <div>Selling Price (SP) of Pen = Rs. 5</div><div>
    </div><div>Since SP<CP, he incurs a loss.</div><div>Loss = CP – SP</div><div> = 10- 5</div><div> = 5 (in rupees)</div><div>
    </div><div>Loss Percentage = Loss / CP × 100</div><div> = 5/10 × 100</div><div> = 50%</div>

  • Tanya

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    June 22, 2023 at 3:50 pm
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    ::

    The selling price is 5 and cost price is 10.Therefore there was a loss of 5 rs

    Loss percentage=(5/10)*100

    =50%

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