Profit and loss

Q.1 Rakul from jodhpur,rajasthan sold a puppet for ₹315 at a loss of ₹23. What was the cost of the puppet? Choose the correct formula???

• S.P. + P. =C.P.

• C.P. +L. = S.P.

• S.P. + L. = C.P.

A house was purchased for Rs. 15525 and sold for Rs. 14575. What is the loss or profit in this transaction ?

• a) Profit Rs.950

• b) Loss Rs.950

• c) Loss Rs. 850

• d) Loss Rs. 1051

True or false

Final C.P.= S.P.+Overhead

• True

• False

True or False

S.P.= C.P.+P./ C.P.-L.

• True

• False

A handmade silk mirror work wall hanging from Gujarat cost Usha 7,400. She sold it after a few months for 350 less than. What price did she sell it for?

• S.P. = 7,050

• S.P.= 7,500

• S.P.= 6,500

Joy purchased a toy car at Rs.125 and sold it at Rs.138. State whether there is profit or loss and how much?

• P. Rs. 17

• P. Rs 13

• L. Rs 14

• L. Rs. 18

If Devika purchased a tedy bear ₹. 400 and she spent ₹100 on decorating it and she sells at ₹650 so What is her profit?

• L. Rs 100

• P. Rs. 200

• L.Rs.300

• P. Rs. 150

Pashmina shawls from Jammu Kashmiri cost Rs. 600 and it was sold at Rs. 550 ..

So tell whether it is a profit or loss?

• Profit

• Loss

Roma purchased mathematics books at Rs. 350 and sold it at Rs. 500 so what is the profit ??

• P. Rs. 100

• L. Rs. 150

• P. Rs. 140

• P. Rs. 150

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