Exercise 13.1
Page-13.11Question 1:
A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent.
Answer 1:
C.P of pen=Rs. 90S.P of pen = Rs. 100Gain=SP -CPGain=100-90=Rs. 10Gain%=(gain×100C.P.)=(10×10090)=1119%
Question 2:
Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.
Answer 2:
C.P of saree=Rs. 1240S.P of saree = Rs. 1147Loss=CP-SPLoss= Rs.(1240-1147)=Rs. 93loss%=(loss×100C.P.)=(93×1001240)=7.5%
Question 3:
A boy buys 9 apples for Rs 9.60 and sells them at 11 for Rs 12. Find his gain or loss percent.
Answer 3:
C.P of 9 apples=Rs 9.60∴ C.P of 1 apple=Rs 9.609=Rs1615S.P of 11 apples = Rs 12∴ S.P of 1 apple=Rs 1211Clearly, S.P of 1 apple >C.P of 1 appleSo, we get profit on selling applesGain%=(gain×100C.P.)=(1211-16151615)×100=(12×15-16×1115×11)×1516×100=(180-17611×16)×100=(411×16)×100=2311%
Question 4:
The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
Answer 4:
Let the cost price of one article be Rs. C and the selling price be Rs. STherefore, 10C=9SC=910SSo, the cost price is less than the selling price.S.P. = (100+Profit%100)C.PS=(100+Profit%100)CSC=(100+Profit%100)109=(100+Profit%100)10009=100+Profit%10009-100=Profit%Profit%=1000-9009=1119Therefore, the required profit percent is 1119%.
Question 5:
A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. If he sells the radio for Rs 300, determine his profit percent.
Answer 5:
Radio costs =Rs. 225Overhead expenses=Rs. 15C.P=Rs. (225+15)=Rs. 240S.P=Rs. 300Profit=SP-CP = Rs. (300-240) =Rs. 60Profit%=ProfitC.P×100=60240×100=25%
Question 6:
A retailer buys a cooler for Rs 1200 and overhead expenses on it are Rs 40. If he sells the cooler for Rs 1550, determine his profit percent.
Answer 6:
Cooler costs= Rs.1200Overhead expenses=Rs. 40C.P=Rs. (1200+40)=Rs. 1240S.P=Rs. 1550Profit=SP-CP =Rs. (1550-1240) =Rs. 310Profit%=ProfitC.P×100=3101240×100=25%
Question 7:
A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.
Answer 7:
A dealer buys a wrist watch for Rs. 225Money spent on repairing the watch =Rs. 15Therefore,C.P=Rs. (225+15)=Rs. 240S.P=Rs. 300Profit=SP-CP =Rs. (300-240) =Rs. 60Profit%=ProfitC.P×100=60240×100=25%
Question 8:
Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
Answer 8:
Let the cost price of the first box be Rs. x.Therefore, the cost of the second box will be Rs. (1300-x)Profit on the first box=20 %Loss on the second box=12%SP of the first box=CP(gain%+100100)SP=x(120100)SP of the first box =Rs.120x100=Rs.6x5SP of the second box=CP(100-loss%100)S.P of the second box=88(1300-x)100=Rs.(28600-22x25)Since S.P of both the box are equal,6x5=(28600-22x25)150x=143000-110x260x=143000x=143000260x=550Therefore, the cost price of the first box is Rs. 550.The cost price of the second box will be Rs.(1300-550)=Rs. 750
Question 9:
If the selling price of 10 pens is equal to cost price of 14 pens, find the gain percent.
Answer 9:
Let the cost price of one pen be Rs. C, and the selling price be Rs. STherefore, 10S=14CC=1014SHowever, the cost price is less than the selling price.S.P. = (100+profit%100)C.PS=(100+profit%100)CSC=(100+profit%100)1410=(100+profit%100)140010=100+profit%140-100=profit%Profit%=40=40%Therefore, the required profit percent is 40%.
Question 10:
If the cost price of 18 chairs be equal to selling price of 16 chairs, find the gain or loss percent.
Answer 10:
Let the cost price of one chair be Rs. C, and selling price be Rs. S Therefore, 18C=16SC=1618SAs cost price is less than the selling price,S.P. = (100+profit%100)C.PS=(100+profit%100)CSC=(100+profit%100)1816=(100+profit%100)180016=100+profit%180016-100=profit%Profit%=1800-160016=20016=12.5Therefore, the required profit percent is 12.5%.
Question 11:
If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.
Answer 11:
Let the cost price of one orange be Rs. C, and its selling price be Rs. STherefore, 16C=18SC=1816SAs cost price is more than the selling price,S.P. = (100-loss%100)C.PS=(100-loss%100)CSC=(100-loss%100)1618=(100-loss%100)160018=100-loss%Loss%=100-160018Loss%=1800-160018=20018=1009=1119Therefore, the loss percent is 1119%.
Question 12:
Ravish sold his motorcycle to Vineet at a loss of 28%. Vineet spent Rs 1680 on its repairs and sold the motor cycle to Rahul for Rs 35910, thereby making a profit of 12.5%, find the cost price of the motor cycle for Ravish.
Answer 12:
Let the cost price of the motorcycle for Ravish be Rs. x.Loss%=28%Therefore, SP=CP(100-Loss%100)SP=Rs. x(72100)Selling price of the motorcycle for Ravish= Cost price of the motorcycle for VineetMoney spent on repairs=Rs. 1680Therefore, total cost price of the motorcycle for Vineet=Rs.( x(72100)+1680)Selling price of the motorcycle for Vineet =Rs. 35910Profit%=12.5%SP=CP(Profit%+100100)⇒35910=(72x100+1680)(12.5+100100)⇒35910×100×100=(72x+168000)(112.5)⇒359100000=8100x+18900000⇒340200000=8100x⇒x=Rs. 42000Therefore, Ravish bought the motorcycle for Rs. 42000
Question 13:
By selling a book for Rs 258, a bookseller gains 20%. For how much should he sell it to gain 30%?
Answer 13:
Selling price of the book=Rs. 258Gain%=20%Since, C.P = [100(100+Gain%)×S.P]= [100(100+20)×258]=25800120=Rs. 215Let the bookseller sells it for Rs. xSo, S.P = [(100+Gain%)100×C.P]x=100+30100×215=130×215100=Rs. 279.50Therefore, the bookseller must sell the book at Rs 279.50 to make 30% profit.
Question 14:
A defective briefcase costing Rs 800 is being sold at a loss of 8%. If the price is further reduced by 5%, find its selling price.
Answer 14:
C.P of the briefcase=Rs. 800Loss=8%S.P =CP (100-loss%100) =800(100-8100)=800×0.92=Rs. 736If the price is further reduced by 5%, the selling price of the briefcase will be= Rs.(736-736×5100) =736(100-5100)=736×0.95=Rs. 699.20Thus, the selling price of the briefcase will be Rs 699.20.
Question 15:
By selling 90 ball pens for Rs 160 a person loses 20%. How many ball pens should be sold for Rs 96 so as to have a profit of 20%?
Answer 15:
S.P of 90 ball pens = Rs. 160Loss=20%Therefore, C.P =SP(100100-loss%)CP=100100-20×160=1600080=Rs. 200Now,S.P of 90 ball pens=Rs. 96Profit=20% C.P =SP(100100+Profit%)CP=100100+20×96=9600120=Rs. 80Rs. 200 is the C.P of 90 ball pens.Therefore, Rs. 80 is the C.P of =90×80200=36 ball pensThus, 36 ball pens should be sold at Rs. 96 to earn a profit of 20%.
Question 16:
A man sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs 36.75 less, he would have gained 30%. Find the cost price of the article.
Answer 16:
Let the C.P of the article be Rs. x.Original S.P = x+25100x=Rs. 5x4If he purchased it at 20% less,C.P=x-20100x=Rs. 4x5He sold the article at Rs 36.75 less.So, the selling price =Rs. 5x4-36.75Given that he would have gained 30% selling at that price.Therefore, gain%=S.P-C.PC.P×100S.P-C.P=5x4-36.75-4x5=5x4-4x5-36.75=25x-16x20-36.75=9x20-36.75So, gain%=S.P-C.PC.P×10030=9x20-36.754x5×100=(9x20-36.75)×54x×100=9x-73516x×10030=9x-73516x×100225x-183754x=30225x-18375=120x105x=18375x=18375105=175So, the cost price of the article is Rs. 175.
Question 17:
A dishonest shopkeeper professes to sell pulses at his cost price but uses a false weight of 950 gm for each kilogram. Find his gain percent.
Answer 17:
He sells 950gm pulses and gets a gain of 50gm.If he sells 100gm of pulses, he will gain =50950×100=5000950=5519%
Question 18:
A dealer bought two tables for Rs 3120. He sold one of them at a loss of 15% and other at a gain of 36%. Then, he found that each table was sold for the same price. Find the cost price of each table.
Answer 18:
Given that the selling price is same for both the tables.Let the C.P of 1 table be Rs. x, then the C.P of the other will be Rs.(3120-x).Loss on the first table= 15%Therefore, S.P=C.P(100-loss%100) S.P= 85x100=Rs. 0.85xGain on the second table = 36% Therefore, S.P =C.P(100+gain%100)S.P=Rs. 1.36(3120-x)Since both tables have the same S.P,So, 0.85x=1.36(3120-x)0.85x=4243.20-1.36x2.21x=4243.20 x =4243.202.21 x=Rs. 1920So,the cost price of the first table is Rs. 1920. Cost price of the second table = Rs. ( 3120-1920)=Rs. 1200
Question 19:
Mariam bought two fans for Rs 3605. She sold one at a profit of 15% and the other at a loss of 9%. If Mariam obtained the same amount for each fan, find the cost price of each fan.
Answer 19:
It is given that the S.P is same for both the fans.Let C.P of the first fan be Rs. xTherefore, C.P of the second fan=Rs. (3605-x)Profit on the first fan=15%Loss on the second fan=9%For the first fan,S.P = C.P(100+gain%100)=x(115100)=23x20For the second fan,S.P = C.P (100-loss%100)=(3605-x)(91100)Since S.P of both the fans is the same,23x20=(3605-x)(91100)2300x=91(72100-20x)2300x=6561100-1820x4120x=6561100x=Rs.1592.50Thus, C.P of the first fan is Rs. 1592.50.C.P of the second fan = Rs. (3605-1592.50) =Rs. 2012.50
Question 20:
Some toffees are bought at the rate of 11 for Rs 10 and the same number at the rate of 9 for Rs 10. If the whole lot is sold at one rupee per toffee, find the gain or loss percent on the whole transaction.
Answer 20:
Let the total number of toffees bought be x.Let x2toffees at the rate of 11 are bought for Rs.10, and x2toffees at the rate of 9 are bought for Rs.10Total money spent on buying the toffees= (x2)(1011)+(x2)(109)=200x198=10099xIt is given that x toffees are sold at one rupee per toffee.Therefore, the selling price of x toffees =Rs. x×1=Rs. xAs C.P is more than S.P, it will be a loss.Loss=C.P-S.P=10099x-x=100x-99x99=x99Loss%=LossC.P×100 x99100x99×100=1%Total loss on the whole transaction would be 1%.
Question 21:
A tricycle is sold at a gain of 16%. Had it been sold for Rs 100 more, the gain would have been 20%. Find the C.P. of the tricycle.
Answer 21:
Let the S.P of the tricycle be Rs. x and C.P be Rs. y Gain%=16%S.P=C.P(100+gain%100)Then we have,x=y+(y×16100)x=y+0.16yx=1.16yWhen S.P increases by Rs. 100, we get⇒x+100=y+(y×20100)Putting x=1.6y, we get⇒1.16y+100=y+0.2y1.16y+100=1.2y0.04y=100y=1000.04=2500Thus, C.P of the tricycle is Rs. 2500.
Question 22:
Shabana bought 16 dozen ball bens and sold them at a loss equal to S.P. of 8 ball pens. Find
(i) her loss percent
(ii) S.P. of 1 dozen ball pens, if she purchased these 16 dozen ball pens for Rs 576.
Answer 22:
(i) Number of pens bought =16×12=192Let the S.P of one pen be Rs. x.Therefore, S.P of 192 pens=Rs. 192xS.P of 8 pens=Rs. 8xIt is given that S.P of 8 pens is equal to the loss on selling 192 pens.Therefore, loss= Rs. 8xC.P of 192 pens = Rs. 576So, loss=C.P-S.P8x=576-192x200x=576x=576200=2.88Therefore, loss=8(2.88)=Rs. 23.04Loss%=loss×100C.P=23.04×100576=4%(ii) S.P of 1 pen=Rs. 2.88Therefore, S.P of 1 dozen pens=12x=12×2.88=Rs. 34.56
Question 23:
The difference between two selling prices of a shirt at profits of 4% and 5% is Rs 6. Find
(i) C.P. of the shirt
(ii) the two selling prices of the shirt
Answer 23:
Let the C.P of both the shirts be Rs. x.C.P=Rs. xFor shirt 1:Profit is 4%:Profit%=ProfitCP×100Profit=4100×C.P= Rs. 0.04xS.P=C.P+Profit=x+0.04x= Rs. 1.04xFor shirt 2:Profit = 5%:C.P= Rs. xProfit=5100×C.P= Rs. 0.05xS.P=C.P+Profit=x+0.05x= Rs. 1.05xIt is given that the difference between their profits is Rs. 6So, 1.05x-1.04x=60.01x=6x= Rs. 600Thus, C.P=Rs. 600S.P of shirt 1=Rs. 1.04x=Rs. 1.04×600=Rs. 624S.P of shirt 2= Rs.1.05x= Rs.1.05×600=Rs. 630.
Question 24:
Toshiba bought 100 hens for Rs 8000 and sold 20 of these at a gain of 5%. At what gain percent she must sell the remaining hens so as to gain 20% on the whole?
Answer 24:
C.P of 100 hens=Rs. 8000Cost of one hen=8000100=Rs. 80 C.P of 20 hens =Rs.( 80×20)=Rs. 1600Gain%=5%S.P=C.P(100+gain%100)S.P=1600×105100=Rs. 1680C.P of 80 hens=Rs.(80×80)=Rs.6400Gain on 80 hens=S.P of 80 hens-C.P of 80 hens Gain on 100 hens =Gain on 80 hens+Gain on 20 hensGain on 100 hens =Rs.(80+S.P of 80 hens - 6400)Gain% on 100 hens=Gain on 100 hensC.P of 100 hens ×10020=(80+S.P of 80 hens - 6400)8000×1001600=80+S.P of 80 hens - 6400S.P of 80 hens=Rs.( 1600+6400-80)S.P of 80 hens=Rs. 7920Gain on 80 hens= S.P of 80 hens -C.P of 80 hens=Rs.(7920-6400)=Rs.1520Gain% on 80 hens =Gain on 80 hensC.P of 80 hens×100=15206400×100=23.75%Therefore, Toshiba gained 23.75% on 80 hens.
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