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What is the condition for a 'profit' in a transaction?
What is the condition for a 'profit' in a transaction?
- Selling at a lower price than the purchase price
- Selling at the same price as the purchase price
- Selling at a higher price than the purchase price (correct)
- Selling at a fluctuating price compared to the purchase price
What is the condition for a 'loss' in a transaction?
What is the condition for a 'loss' in a transaction?
- Selling at a lower price than the purchase price (correct)
- Selling at the same price as the purchase price
- Selling at a fluctuating price compared to the purchase price
- Selling at a higher price than the purchase price
What is the cost price (C.P.) of 1 ball pen if 90 ball pens are sold for ₹160 and there is a 20% loss?
What is the cost price (C.P.) of 1 ball pen if 90 ball pens are sold for ₹160 and there is a 20% loss?
- $C.P. = ₹ 24/9$
- $C.P. = ₹ 20/9$ (correct)
- $C.P. = ₹ 18/9$
- $C.P. = ₹ 22/9$
If a person wants to make a profit of 20%, how many ball pens should be sold for ₹96 if the cost price (C.P.) of 1 ball pen is ₹20/9?
If a person wants to make a profit of 20%, how many ball pens should be sold for ₹96 if the cost price (C.P.) of 1 ball pen is ₹20/9?
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What is the selling price (S.P.) of 90 ball pens if the cost price (C.P.) of 1 ball pen is ₹20/9 and there is a loss of 20%?
What is the selling price (S.P.) of 90 ball pens if the cost price (C.P.) of 1 ball pen is ₹20/9 and there is a loss of 20%?
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