1. Find the selling price or cost price of each of these products with the help of a model.
a. Terracota pot from west bengal.
Cost price = Rs 315
Loss = Rs 38
Selling Price=?
here, given Loss and cost price
We know that, Loss = Cost Price - Selling Price
here, we have to find Selling Price
hence Selling Price = Cost Price - Loss
lets substitute the given values
Selling Price = Rs 315 - Rs 38
= Rs 277
b. Stool from Punjab.
Selling Price = Rs 690
Loss = Rs 57
Cost Price = ?
Cost Price = Loss + Selling Price
Cost Price = Rs 57 + Rs 690
= Rs 747
c. Shawl from Nagaland.
Selling Price = Rs 1,560
Loss = Rs 350
Cost Price = ?
Cost Price = Loss + Selling Price
Cost Price = Rs 350 + Rs 1,560
= Rs 1,910
d. Kanjeevaram saree from Tamil Nadu.
Cost Price = Rs 7,880
Profit = Rs 1,090
Selling Price = ?
Profit = Selling Price - Cost Price
Selling Price = Profit + Cost Price
= Rs 1,090 + Rs 7,880
= Rs 8,970
2. Complete the table.
Note : Cost Price = Loss + Selling Price , Cost Price = Selling Price - Profit.
3. Complete the table.
Note : Selling Price = Cost Price + Profit , Selling Price = Cost Price - Loss.
4. Solve
a. Rashid incurred a loss of Rs 590 on a chair he sold at Rs 1,280. What was the cost price of the chair?
Given, Loss = Rs 590 and selling price = Rs 1,280
Cost Price = Selling Price + Loss
= Rs 1,280 + Rs 590
= Rs 1,870
b. Ali made a profit of Rs 3,200 on a sofa set he bought for Rs 15,290. At what price did he sell it?
Given, Profit = Rs 3,200 and cost price = Rs 15,290
Selling Price = Cost Price + Profit
= Rs 15,290 + Rs 3,200
= Rs 18,490
c. A dozen books are sold at Rs 1,648 at a profit of Rs 120. What is the cost price of the books?
Given, profit = Rs 120 and Selling Price = Rs 1,648
Cost Price = Selling Price - Profit
= Rs 1,648 - Rs 120
= Rs 1,528
a. Terracota pot from west bengal.
Cost price = Rs 315
Loss = Rs 38
Selling Price=?
here, given Loss and cost price
We know that, Loss = Cost Price - Selling Price
here, we have to find Selling Price
hence Selling Price = Cost Price - Loss
lets substitute the given values
Selling Price = Rs 315 - Rs 38
= Rs 277
b. Stool from Punjab.
Selling Price = Rs 690
Loss = Rs 57
Cost Price = ?
Cost Price = Loss + Selling Price
Cost Price = Rs 57 + Rs 690
= Rs 747
c. Shawl from Nagaland.
Selling Price = Rs 1,560
Loss = Rs 350
Cost Price = ?
Cost Price = Loss + Selling Price
Cost Price = Rs 350 + Rs 1,560
= Rs 1,910
d. Kanjeevaram saree from Tamil Nadu.
Cost Price = Rs 7,880
Profit = Rs 1,090
Selling Price = ?
Profit = Selling Price - Cost Price
Selling Price = Profit + Cost Price
= Rs 1,090 + Rs 7,880
= Rs 8,970
2. Complete the table.
Selling Price
|
Profit
|
Loss
|
Cost Price
| |
a
|
Rs 2,385
|
Rs 195
|
-
|
Rs 2,385 - Rs 195 = Rs 2,190
|
b
|
Rs 1,900
|
-
|
Rs 628
|
Rs 1,900 + Rs 628 = Rs 2,528
|
c
|
Rs 8,630
|
-
|
Rs 1,020
|
Rs 8,630 + Rs 1,020 = Rs 9,650
|
d
|
Rs 74,365
|
Rs 2,315
|
-
|
Rs 74,365 - Rs 2,315 = Rs 72,050
|
Note : Cost Price = Loss + Selling Price , Cost Price = Selling Price - Profit.
3. Complete the table.
Cost Price
|
Profit
|
Loss
|
Selling Price
| |
a
|
Rs 1,095
|
-
|
Rs 89
|
Rs 1,095 - Rs 89 = Rs 1,006
|
b
|
Rs 3,586
|
Rs 369
|
-
|
Rs 3,586 + Rs 369 = Rs 3,955
|
c
|
Rs 9,980
|
-
|
Rs 3551
|
Rs 9,980- Rs 3551 = Rs 6,429
|
d
|
Rs 15,381
|
Rs 1,395
|
-
|
Rs 15,381 + Rs 1,395 = Rs 16,776
|
Note : Selling Price = Cost Price + Profit , Selling Price = Cost Price - Loss.
4. Solve
a. Rashid incurred a loss of Rs 590 on a chair he sold at Rs 1,280. What was the cost price of the chair?
Given, Loss = Rs 590 and selling price = Rs 1,280
Cost Price = Selling Price + Loss
= Rs 1,280 + Rs 590
= Rs 1,870
b. Ali made a profit of Rs 3,200 on a sofa set he bought for Rs 15,290. At what price did he sell it?
Given, Profit = Rs 3,200 and cost price = Rs 15,290
Selling Price = Cost Price + Profit
= Rs 15,290 + Rs 3,200
= Rs 18,490
c. A dozen books are sold at Rs 1,648 at a profit of Rs 120. What is the cost price of the books?
Given, profit = Rs 120 and Selling Price = Rs 1,648
Cost Price = Selling Price - Profit
= Rs 1,648 - Rs 120
= Rs 1,528