Profit and Loss | Class 6 | Practice Set 33
Profit and Loss Class 6 Practice Set 33. The pdf file provided at the end of this article contains the simple solutions of all the equations of this practice set.
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In this practice set the percentage profit and percentage loss is asked to calculate. For calculating the percentage profit and percentage loss we should first find the amount of profit or the amount of loss incurred in a transaction.
Also read : Profit and loss | Class 6 | Practice Set 31
When cost price is more than the selling price then it is a loss making scenario. The percentage loss is calculated by dividing the amount of loss by the value of cost price and then multiplying by 100.
Similarly, when selling price is more than the cost price then it is a profitable scenario. The percentage profit is calculated by dividing the amount of profit by the value of cost price and then multiplying by 100.
Also read : Circle | Class 7 | Practice Set 43
The examples solved in the attached pdf file are given below :
- Hanif bought one box of 50 apples for
400. He sold all the apples at the rate of10 each. Was there a profit or a loss? What was its percentage profit ? - Maganlal bought trousers for rupees 400 and shirt for rupees 200 and sold them for rupees 448 and rupees 250 respectively. Which of these transactions were more profitable ?
- Ramrao bought a cupboard for rupees 4500 and sold it for rupees 4950. Shamrao bought a sewing machine for rupees 3500 and sold it for rupees 3920. Which transaction is more profitable ?
