Question
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He then sold it for . Find his gain or loss per cent
3. A bookseller bought a book for and spent ₹ 5 on its binding. He sold it for Find his 2 .,
per cent.
4. Br selling a fan for ₹ 810 , a dealer makes a profit of ₹ 60 . What is the cost price of the fan? What.

Ask by Garrett Clark. in India
Jan 21,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

Problem 2: Not enough information provided to determine gain or loss percentage.
Problem 3: The bookseller made a 20% profit.
Problem 4: The cost price of the fan is ₹750.

Solution

Sure, let’s solve each of the problems you’ve provided step by step.

Problem 2

He then sold it for ₹67,500. Find his gain or loss percent.
Note: It seems like some information might be missing in this problem, such as the original cost price. To determine the gain or loss percentage, we need both the cost price (CP) and the selling price (SP). If you provide the CP, I can help calculate the gain or loss percentage.

Problem 3

A bookseller bought a book for ₹15 and spent ₹5 on its binding. He sold it for ₹24. Find his gain or loss percent.
Solution:
  1. Calculate the Total Cost Price (CP):
    • Cost of the book = ₹15
    • Cost of binding = ₹5
    • Total CP = ₹15 + ₹5 = ₹20
  2. Selling Price (SP):
    • SP = ₹24
  3. Determine Profit or Loss:
    • Profit = SP - CP = ₹24 - ₹20 = ₹4
  4. Calculate Profit Percentage:
Answer: The bookseller made a 20% profit.

Problem 4

By selling a fan for ₹810, a dealer makes a profit of ₹60. What is the cost price of the fan?
Solution:
  1. Given:
    • Selling Price (SP) = ₹810
    • Profit = ₹60
  2. Calculate Cost Price (CP):
Answer: The cost price of the fan is ₹750.

If you provide the missing information for Problem 2, I’d be happy to help you solve it!

Answered by UpStudy AI and reviewed by a Professional Tutor

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Bonus Knowledge

To find the gain or loss percent in any transaction, you can use the formula: . For the first scenario, if the selling price is ₹ 67500, you need to know the cost price to find the gain or loss. For the bookseller, he spent ₹ 15 on the book and ₹ 5 on binding, totaling ₹ 20 as the cost price. Selling at ₹ 24 gives a gain of ₹ 4, leading to a gain percent of .
In the case of the fan, since the dealer sold it for ₹ 810 and made a profit of ₹ 60, you can determine the cost price by subtracting the profit from the selling price. So, . Knowing this allows the dealer to compute profits retroactively and refine pricing strategies in future sales. Always keep an eye on your costs, they’re the key to a thriving business!

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