1 Marks Question

Question 11 Mark

Write $‘T’$ for true and $‘F’$ for false. for the following:
Loss is reckoned on selling price.

Answer

False.
Gain or loss is always reckoned on the cost price.

Question 21 Mark

Fill in the blank: $\frac{100}{(100+\text{Loss%})}\times\text{SP}=.........$

Answer

$\frac{100}{(100+\text{Loss%})}\times\text{SP}=\text{CP}$

Question 31 Mark

Fill in the blank:
$\text{CP}=\frac{100\times\text{SP}}{( ......+\text{Gain%})}$

Answer

$\text{CP}=\frac{100\times\text{SP}}{(100+\text{Gain%})}$

Question 41 Mark

Write $‘T’$ for true and $‘F’$ for false. for the following: Loss $= (CP) - (SP).$

Answer

True.

Question 51 Mark

Write $‘T’$ for true and $‘F’$ for false. for the following: Gain is reckoned on cost price.

Answer

True.

Question 61 Mark

Fill in the blank: Loss $= (CP) - ($_____$).$

Answer

Loss $= (CP) - (SP).$

Question 71 Mark

Write $‘T’$ for true and $‘F’$ for false. for the following: $\text{CP}=\frac{100\times\text{SP}}{(100-\text{Loss%})}$

Answer

True.

Question 81 Mark

Fill in the blank: Profit or loss is always reckoned on ______.

Answer

Profit or loss is always reckoned on the cost price.

MATHS 1 Marks Question