To Find the profit or loss percentage on selling a fan when C.P and S.P are given (WP-18: Profit and Loss)

Q. Hassan sold a fan for Rs. 2500 and had a loss of Rs. 500. Find C.P and loss percent.

Solution: 

Sale price S.P = Rs. 2500

Loss = Rs. 500

Since Profit or Loss Percent whichever is to be determined, is found on C.P. So we will fined C.P first.

Loss = C.P - S.P

so

C.P = Loss + S.p = Rs. 500 + Rs. 2500 

C.P = Rs. 3000 ------Ans.1

Loss percent general formula is

Loss percent = `frac {Rs. 500}{Rs. 3000}times 100`

Loss percent = 16.67% -----------Ans.2

Similar Question:

Find the profit or loss percentage in the following cases: 

1. CP = Rs. 50,  S.P = Rs. 70

2. CP = Rs. 1540,  S.P = Rs. 1386

3. CP = Rs. 125,  Profit = Rs. 20

4. CP = Rs. 12.5,  Loss = Rs. 2.5

A bag costing Rs. 50 is sold for Rs. 45. Find profit or loss percent.

Farooq bought 100 wedding cards for Rs. 500. He sold them for Rs. 480. Find profit or loss percent.

Hassan sold a fan for Rs. 2500 and had a loss of Rs. 500. Find C.P and loss percent.

Nawaz father bought two plots for Rs. 125000. He sold them for Rs. 150,000. Find profit percent.

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