Rs aggarwal solutions
Our top 5% students will be awarded a special scholarship to Lido.

Profit and Loss | Profit and Loss Exercise 10A

Question 28

A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (i) the cost price of the camera, and (ii) the gain percent earned by the dealer.

Looking to do well in your science exam ?  
Learn from an expert tutor. Book a free class!

Let us consider the cost price of camera be x

SP of camera = x + 1x/8 =1080

x + x/8 = 1080

9x/8 = 1080

9x = 1080 × 8

x = 960

∴ The CP of the camera = ₹960

(ii) Gain = SP – CP = 1080 - 960 = 120

Gain % = (120 × 100) / 960

=12.5%

∴ The Gain percent is 12.5%

Set your child up for success with Lido, book a class today!

Our top 5% students will be awarded a special scholarship to Lido.

subject-cta

Question 28

A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (i) the cost price of the camera, and (ii) the gain percent earned by the dealer.

Looking to do well in your science exam ? Learn from an expert tutor. Book a free class!

Let us consider the cost price of camera be x

SP of camera = x + 1x/8 =1080

x + x/8 = 1080

9x/8 = 1080

9x = 1080 × 8

x = 960

∴ The CP of the camera = ₹960

(ii) Gain = SP – CP = 1080 - 960 = 120

Gain % = (120 × 100) / 960

=12.5%

∴ The Gain percent is 12.5%

Our top 5% students will be awarded a special scholarship to Lido.

subject-cta
Connect with us on social media!
2021 © Quality Tutorials Pvt Ltd All rights reserved
`