Page 152 - Maths Class 05
P. 152
Profit and Loss Percent
We can also find the profit and loss percent by the following formula.
Profit × 100
Profit Per cent =
Cost Price
Loss × 100
Loss Per cent =
Cost Price
Example : Dia bought rice bag for ` 500 per bag. Due to spoilage, she had to sold
them for ` 450 per bag. Find the gain or loss %.
Solution : Here, C.P. = ` 500 per bag.
S.P. = ` 450 per bag.
As, S.P. < C.P., Dia suffers a loss.
Loss = C.P. – S.P. = 500 – 450
= ` 50 per bag
Loss
Loss % = × 100
C.P.
10
50
= × 100
500
= 10 %
Example : Mr Ravi bought a washing machine for ` 15000 and sold it for ` 17000.
Find his profit or loss %.
Solution : Here, C.P. = ` 15000
S.P. = ` 17000
As, S.P. > C.P., Ravi made a profit.
Profit = S.P. – C.P. = 17000 – 15000
= ` 2000
Profit
Profit % = × 100
C.P.
40
2000
= × 100
3 15000
= 13.33 %
Mathematics-5 152
