This article & video tutorial in Hind/Urdu belongs to the same series which we started a few days ago on Profit and Loss in Hindi/Urdu. Today, we’ll be learning about Profit, Loss, Profit percent and Loss percent.
Cost Price: The price, at which an article is purchased, is called its cost price, abbreviation as C.P.
Selling Price: The price at which an article is sold, is called its selling price, abbreviation as S.P.
Profit = SP – CP
Loss = CP – SP
Profit % = P/CP *100
Loss % = L/CP * 100
Q.1. A man buys an article for Rs.27.50 and sells it for Rs.28.60 Find his gain percent.
Answer: CP = 27.50 SP = 28.60
PROFIT = 28.60-27.50
PROFIT = 1.10
P% = 1.10/27.50*100
P% = 4 %
Q.1. If a radio is purchased for Rs. 1960 and sold for Rs. 1862, Find the loss per cent.
Answer: CP = 1960 SP = 1862
LOSS = 1960 – 1862
LOSS = 98
% L = 98/1960*100
% L = 4%
Introduction of Formula
Profit and Loss Problem solve this tutorial Type 1
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