Selling Price: Profit and Loss

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Questions and Answers

What does 'विक्रय मूल्य' translate to in English?

  • Discount
  • Loss Percentage
  • Selling Price (correct)
  • Cost Price

In the formula, if 'm' represents the percentage of loss, what do you do with it?

  • Add it to 100 in the denominator
  • Subtract it from 100 in the numerator
  • Subtract it from 100 in the denominator (correct)
  • Add it to 100 in the numerator

If an item is sold for ₹720 with a 10% loss, what is the first step to find the selling price that would yield a 20% profit?

  • Multiply 720 by (100+10)/(100-20)
  • Multiply 720 by (100-20)/(100+10)
  • Multiply 720 by (100-10)/(100+20)
  • Multiply 720 by (100+20)/(100-10) (correct)

What does 'हानि' mean in English?

<p>Loss (A)</p> Signup and view all the answers

According to the formula, what is the numerator when calculating the selling price to get profit?

<p>100 + n (B)</p> Signup and view all the answers

When finding the selling price to achieve a profit after a loss, what value goes in the denominator?

<p>100 - m (A)</p> Signup and view all the answers

If an item costs ₹250 and has a 25% profit, what should you do to find the selling price to get a 20% loss?

<p>₹250 x (100-20)/(100+25) (D)</p> Signup and view all the answers

In the given examples, what is being calculated?

<p>Selling Price (A)</p> Signup and view all the answers

If 'x' is the original selling price, 'm' is the loss percentage and 'n' is the desired profit percentage, what is the formula for calculating the new selling price?

<p>$x \times \frac{100+n}{100-m}$ (C)</p> Signup and view all the answers

Flashcards

Vikray Mulya (Selling Price)

The price at which a product is sold.

Selling Price Formula (Profit after Loss)

Selling price when selling an item at X Rupees results in m% loss, to achieve n% profit.

Vikray Mulya, m% profit

If there is m% profit, then selling price = X * (100+n)/(100+m).

Vikray Mulya, n% loss

If there is n% loss, then selling price = X * (100-h)/(100+m).

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Selling Price Calculation: 20% Profit after 10% Loss

To find the selling price, multiply the original selling price (7.20) by (100+20)/(100-10).

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Selling Price Calculation: Loss after Profit

To find the new selling price, multiply the original by (100-20)/(100+25).

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Study Notes

  • These notes cover how to calculate selling price with profit and loss percentages.

Determining Selling Price

  • If selling an item for ₹x results in a loss of m%, the selling price to gain n% profit is calculated as selling price = x * (100 + n) / (100 - m).
  • If there's an m% profit, the selling price is x * (100 + n) / (100 + m).
  • If there's an h% loss, the selling price is x * (100 - h) / (100 + m).

Example 1

  • An item sold for ₹7.20 results in a 10% loss and to calculate the selling price to gain a 20% profit: selling price = 7.20 * (100 + 20) / (100 - 10) = 7.20 * 120 / 90 = ₹9.60.

Example 2

  • An item sold for ₹250 results in a 25% profit and to calculate the selling price to incur only a 20% loss: selling price = 250 * (100 - 20) / (100 + 25) = 250 * 80 / 125 = ₹160.

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