Solve the word problems from the image related to profit, loss and discount problems. 6. Anshul bought 5 ties for ₹400 and sold 4 ties for ₹400, find the gain per cent. 7. Aryan b... Solve the word problems from the image related to profit, loss and discount problems. 6. Anshul bought 5 ties for ₹400 and sold 4 ties for ₹400, find the gain per cent. 7. Aryan bought one dozen oranges for ₹ 30 and sold 10 oranges for ₹ 30, find his profit per cent. 8. By selling a blanket for ₹ 1,560, Deepak gains 20%. Find the cost price of the blanket. 9. By selling a football for ₹ 465, a shopkeeper loss 7%. Find his cost price. 10. A room heater purchased for ₹ 800 is sold at a gain of 5%, find the selling price of the main heater. 11. An electric iron purchased for ₹ 1,500 is sold at a loss of 3%, find the loss and the selling price of the electric iron. 12. By selling a briefcase for ₹ 3,150 a shopkeeper loses 10%. For how much should he sell the briefcase so as to gain 10%? 13. By selling a coat for ₹ 752 a shopkeeper loses 6%. For how much should he sell it so as to gain. 14. A perfume is sold at a gain of 5%. Had it been sold for ₹ 49 more, the gain would have been. Find the cost price of the perfume. 15. Find the selling price when the marked price is ₹ 1,500 and the discount is ₹ 100.

Question image

Understand the Problem

The image contains several word problems related to profit, loss, and discount calculations. We need to identify these problems and provide step-by-step solutions for each of them. Specifically, questions 6-15 relate to percentage calculations of either profit or loss, and the student needs to calculate either the profit/loss, the cost price or selling price. The example at the bottom is asking to find the selling price given the marked price and the discount and this can be solved by subtracting the discount from the market price.

Answer

8. ₹3850 9. Loss = ₹45, SP = ₹1455 10. ₹3850 11. ₹848 12. ₹1633.33
Answer for screen readers
  1. ₹3850
  2. Loss = ₹45, Selling price =₹1455
  3. ₹3850
  4. ₹848
  5. ₹1633.33

Steps to Solve

Here, we will solve problems 8, 11, 13, 14, and 15 as requested.

Problem 8: Briefcase Selling Price for 10% Gain

  1. Find the cost price (CP) of the briefcase: Since the shopkeeper loses 10% by selling the briefcase for ₹3150, we can set up the following equation where $CP$ is cost price: $CP - 0.10 \times CP = 3150$ $0.90 \times CP = 3150$ $CP = \frac{3150}{0.90} = 3500$

  2. Calculate the selling price (SP) for a 10% gain: To gain 10%, the selling price should be: $SP = CP + 0.10 \times CP$ $SP = 3500 + 0.10 \times 3500$ $SP = 3500 + 350 = 3850$

Problem 11: Electric Iron Loss and Selling Price

  1. Calculate the loss amount: The electric iron is purchased for ₹1500 and sold at a loss of 3%. Loss = $0.03 \times 1500 = 45$

  2. Calculate the selling price(SP): $SP = CP - Loss$ $SP = 1500 - 45 = 1455$

Problem 13: Selling a Briefcase for 10% Gain

Note: This appears to be a duplicate of Problem 8.

  1. Find the cost price (CP) of the briefcase: Since the shopkeeper loses 10% by selling the briefcase for ₹3,150, we can set up the following equation where $CP$ is cost price: $CP - 0.10 \times CP = 3150$ $0.90 \times CP = 3150$ $CP = \frac{3150}{0.90} = 3500$

  2. Calculate the selling price (SP) for a 10% gain: To gain 10%, the selling price should be: $SP = CP + 0.10 \times CP$ $SP = 3500 + 0.10 \times 3500$ $SP = 3500 + 350 = 3850$

Problem 14: Selling a Coat for a Gain

  1. Find the cost price (CP) of the coat: The shopkeeper loses 6% by selling the coat for ₹752. $CP - 0.06 \times CP = 752$ $0.94 \times CP = 752$ $CP = \frac{752}{0.94} = 800$

  2. Calculate the selling price(SP) for a 6% gain: To gain 6%, the selling price should be: $SP = CP + 0.06 \times CP$ $SP = 800 + 0.06 \times 800$ $SP = 800 + 48 = 848$

Problem 15: Perfume Cost Price

  1. Set up the equation: Let the cost price of the perfume be $CP$. Selling at a gain of 5% means the selling price is $1.05 \times CP$. If it had been sold for ₹49 more, the gain would have been 8%. So, $1.05 \times CP + 49 = 1.08 \times CP$

  2. Solve for CP: $1.08 \times CP - 1.05 \times CP = 49$ $0.03 \times CP = 49$ $CP = \frac{49}{0.03} = \frac{4900}{3} = 1633.33$

  1. ₹3850
  2. Loss = ₹45, Selling price =₹1455
  3. ₹3850
  4. ₹848
  5. ₹1633.33

More Information

These problems involve the fundamental concepts of profit and loss percentage calculations, which are widely used in business and everyday transactions.

Tips

A common mistake is to calculate the profit or loss percentage based on the selling price instead of the cost price. Another mistake is incorrectly setting up the equations for calculating cost and selling prices when given profit or loss percentages.

AI-generated content may contain errors. Please verify critical information

Thank you for voting!
Use Quizgecko on...
Browser
Browser