2. This chapter contains following topics
Ratio
Continued ratio (Combined ratio)
Dividing a quantity in a given ratio
Proportion
Direct Proportion
Inverse Proportion
Compound Proportion
Percentage
3. In this lecture we learn how to find
1-selling price,
2-cost price,
3-profit or loss and
4-percentage of profit or loss
Where
S = Selling price
C = Cost price
r = rate of profit or rate of loss
4. In case of profit we use the following formulae
π = πΆ 1 + π
πΆ =
π
1+π
Profit = S β C
% ππ ππππππ‘ =
S β C
πΆ
Γ 100
5. In case of loss we use the following formulae
π = πΆ 1 β π
πΆ =
π
1βπ
Loss = C β S
% ππ πππ π =
C β S
πΆ
Γ 100
6. Example-26
The cost price of an item is
Rs.500. Find the selling price if it
is sold at 25% profit also find
profit.
7. Solution
C = Rs.500
Profit = r = 25% =
25
100
= 0.25
We know that
π = πΆ 1 + π
π = 500 1 + 0.25
π = 500 1.25
π = π π 625
Profit = S β C
Profit = 625 β 500
Profit = Rs.125
8. Example-27
If the selling price of an item is
Rs.625. Find the cost price if it is
sold at 25% profit on sale.
9. Solution
S = Rs.625
Profit = r = 25% =
25
100
= 0.25
We know that
πΆ =
π
1+π
πΆ =
625
1+0.25
πΆ =
625
1.25
πΆ = π π . 500
10. Example-28
The costing an item is Rs.500 is
sold for Rs.625. Find the profit and
percentage of profit.
11. Solution:
S = Rs.625
C = Rs.500
Profit = S β C
Profit = Rs.125
% ππ ππππππ‘ =
S β C
πΆ
Γ 100
% ππ ππππππ‘ =
625 β 500
500
Γ 100
% ππ ππππππ‘ =
125
500
Γ 100
% ππ ππππππ‘ = 25%
12. Example-29
The cost price of an item is Rs.500.
find the selling price if it is sold at
25% loss, also find loss.
13. Solution:
C = Rs.500
Loss = r = 25% =
25
100
= 0.25
We know that
π = πΆ 1 β π
π = 500 1 β 0.25
π = 500 0.75
π = π π 375
Loss = C β S
Loss = 500 β 375
Loss = Rs 125
14. Example-30
If the selling price of an item is
Rs.375, find the cost price, if it is sold
at 25% loss.
15. Solution:
S = Rs.375
Loss = r = 25% =
25
100
= 0.25
We know that
πΆ =
π
1βπ
πΆ =
375
1β0.25
πΆ =
375
0.75
πΆ = π π . 500