Profit and loss percentage One word problems
1. Fill in the blanks: (i) Loss or gain percentage is always calculated on the__________. Profit and loss percentage https://youtu.be/rV5WCxw43bI (ii) A mobile phone is sold for ₹8400 at a gain of 20% . Th e cost price of the mobile phone is________. (iii) An article is sold for ₹555 at a loss of 7 1/2% . The cost price of the article is ________. (iv) Th e marked price of a mixer grinder is ₹4500 is sold for ₹4140 aft er discount. Th e rate of discount is __________. (v) Th e total bill amount of a shirt costing ₹575 and a T-shirt costing ₹325 with GST of 5 % is______ Objective Type Questions 13. A fruit vendor sells fruits for ₹200 gaining ₹40. His gain percentage is (a) 20% (b) 22% (c) 25% (d) 16 2/3% 14. By selling flower pot for ₹528, a woman gains 20% . At what price should she sell it to gain 25% ? (a) ₹500 (b) ₹550 (c) ₹553 (d) ₹573 15. A man buys an article for ₹150 and makes overhead expenses which are 12% of the cost price. At what price must he sell it to gain 5% ? (a) ₹180...