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etc. are added to the cost Price,, , The price at which Asad sells the fruits to his customers is known as its, selling price (S.P.)., , The entire process of buying and selling results in the shopkeeper’s, getting a profit or loss from the transaction,, , 1. When the Selling price, , makes a profit or gain., , When SP. > Cp, there is a profit., Profit = $.R—cCp., , [sP, CP. + Profit] [cp = SP Profit, , 2. When the cost Price (C.P.) of the item is, Price (S.P.), the shopkeeper makes a loss., , «, , (S.P.) of the item is more than the cost price (C.P.), the shopkeeper, , , , , , , , , , more than the selling, , , , , , When CP. > S.P., there is a loss., Loss = C.P. —S.P., [SP <=" CR —Loss CP. = S.P. + Loss, , , , , , , , Let us take a few examples to understand this further., , Example 1: Mrs Khan bought a radio for & 1690 and later sold it for 1620. Find her profit or loss., Solution: — C.P. of the radio = = 1690, S.P. of the radio = & 1620, Since C.P. of the radio > S.P. of the radio, therefore Mrs Khan will get a loss., Loss = C.P.-S.P., = % 1690- % 1620 = %70, Thus, Mrs Khan had a loss of & 70., , Example 2: A shopkeeper bought a TV. for % 18,250 and sold it for % 22,570. Find his profit or, , loss., Solution : C.P. of the TV. = = 18,250, S.P. of the TV. = & 22,570, , Cordova Learning Series MATHEMATICS-5 A
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Since SP. > C.P, therefore the shopkeeper will make a profit., Profic = $.P.- CP. = % 22,570 - % 18,250 = & 4,320, Thus, the shopkeeper will make a profit of & 4,320., , Example 3: A grocer buys a sack of rice for % 2050. He pays & 70 for transportation. He selj., , the sack of rice for 2400. Find his profit or loss., , Solution : C.P. of the rice = % 2050, , Transportation cost = = 70, Overhead expenses are added to the cost price., , Total CP = % 2050+% 70 = &% 2120, SP = & 2400, As, S.P. > C.P., so the grocer gets a profit., , Profit = S.P.—C.P. = % 2400-% 2120 = & 280, Hence, the grocer will get a profit of = 280., , Example 4: Find the S.P. if C.P. = 500 and profit = % 20., , Solution: CP. = = 500, Profit = = 20, , SP. = CP. + Profit = € (500 + 20) = & 520., Example 5 : What is the C.P. of a book sold for € 280 at a loss of % 15?, Solution : SP. = & 280, Loss = % 15, , di, , Gs, , - Tanveer bought a bicycle for = 2290. He sold it for = 160, . Mrs. Goswami bought a calculator for = 5, , . Harsh bought a table for = 1725. He sold it at, , CP. = SP. + Loss = %(280 + 15) = & 295., , , , Use Cordova Smart Class Software on the smart board in class to do Exercise., , . Identify the C.P. and S.P. in each of the following :, , (a) Mr Sharma bought a laptop for % 36,250 and sold it for = 32,500., (b) A shopkeeper bought a shirt for = 700 and sold it for = 670., , (c) Rajni bought a necklace for = 9,999 and sold it for % 9,000., , (d) Pankaj bought a fan for & 1,250 and later sold it for Z 1,070., , . Find the selling price (S.P.) :, , (a) CP. = % 985, Profit = = 25, (b) CP. = % 828, Loss = 50, , . Find the cost price (C.P.) :, , (a) S.P. = % 2725, Profit = % 550, (b) S.P. = % 4475, Loss = % 25, , 0. Find his profit or loss., , 38. She spent & 90 on its repairs. She later sold the, a profit or loss and how much?, , a loss of = 358. What was the selling price of, , calculator for € 640. Did she make, , the table?, , A shopkeeper lost € 2450 on selling aw., , ei ‘ ne ashing machine for € 12,245. What was the cost price, of the washing machine?, , Cordova Learning Series MATHEMATICS-5
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1. Ramesh bought 40 m rope for his shop at & 30 per metre and sold it at % 35 per metre. Whi, is his gain or loss?, , 2. Murali bought a motorbike for % 35,400. He spent % 1200 on its accessories. He later sol, the motorbike at a loss of %6588. Find the selling price of the motorbike., , 3. A man bought a second-hand scooter for 8000. He spent €700 on repairing and %350 o1, re-painting. He then sold it for 9500. How much did he gain or lose?, , 4. Vicky bought 20 pens and sold them at €5 each. If he had paid €85 for the pens, what was hi:, profit or loss?, , 5. Vinay bought 18 notebooks for €360. He sold these at 715 per notebook to a needy child, How much did he gain or lose? (Value Corner), , HOTS Question, , A fruit seller buys 16 apples at 10 per apple and sells 12 of them at < 12 per apple and rest, at = 8 per apple. Find his gain or loss., , , , , , The C.P. and S.P. of some articles are given in the table below., , , , , , Article Cost Price {in €) Selling Price (in ) Profit (in %) Loss (in 2), Radio 1500 1200, Video game 1800 2100, Mixer 2000 1800, Oven 3100 3500, Cellphone 4500 2700, Iron 1000 1200, , , , , , , , , , , , , , pebipiets the table by calculating profit/loss occurred for each article and find the overall profit ot, oss,, , Al For Live Test Paper login to www.cordovajoyfullearning.com, , Cordova Learning Gerice MATHEMATICS_5 v=
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HOTS, , = 1200 . A, Lesson 12: Profit and Loss, , Exercise-1, 1.(a) C.P. =% 36,250, S.P. = € 32,500, , (b) C.P. = & 700, S.P. = = 670, (c) C.P. =% 9,999, S.P. =% 9,000, (d) C.P. =% 1,250, S.P. = % 1,070, 2.(a) ¥ 1010 (b) = 778, 3.(a) % 2175 (b) = 4500, 4.loss=%690 5. profit = = 12 6. S.P. = % 1367, 7.% 14695, Review Exercise, 1. gain=% 200 2,.%30012 3. gain = = 450, 4. profit =F 15 5. loss = = 60, HOTS: profit = = 16, , Lesson 13 : Bills, Exercise-1