Profit and loss part-2

Class- 7 Math profit and loss

A business man gets a profit of Rs. 2800 with probability 0.5, loss of Rs. 5000 with probability 0.3. and neither profit nor loss with probability 0.2. Find mean of his income.

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 4560, S.P.= Rs 5000 (ii) C.P.= Rs 2600, S.P.= Rs 2470

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 332, S.P.= Rs 350 (ii) C.P.= Rs 1500, S.P.= Rs 1500

A shopkeeper sells article A at 8% profit and article B at 10% loss, thereby getting a sum of 1,008. If he sells the article A at 10% profit and article B at 8% loss, he would have 1,028. Find the cost price of article A and B to the shopkeeper.

Karim bought 150 dozens pencils at Rs 10 a dozen. His overhead expenses were Rs 100. He sold them at Rs 1.20 each. What was his profit or loss percent?

If CP= Rs 200 and SP= Rs 250, then the profit or loss is equal to (a) Rs 50 loss (b) Rs 50 profit (c) Rs 25 profit (d) Rs 25 loss

If CP=Rs 120 and SP = Rs 80, then profit or loss is equal to (a) Rs 40 loss (b) Rs 60 loss (c) Rs 40 profit (d) Rs 60 profit

Mr. Mehta purchased a second hand car for Rs. 85000 and spent Rs. 15000 on repairs. After sometime, he sold the car for Rs. 90000. Find the profit or loss. Also calculate it as percentage.

A dealer buys 200 quintals of rice at Rs. 1200 a quintal. He spends Rs. 10000 on transportation and storage. Then he sells the rice at Rs. 13 a kg. Find his profit or loss. Also calculate it as a percentage.