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Maths 4 Mark Question

Profit-Loss · Maharashtra Board STD 6 (MSBSHSE - English Medium). 8 questions.

Questions

4 Mark Question

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8 questions · self-marked practice — reveal the answer and mark yourself.

Question 14 Marks
For the above example,
  1. If Sarita had bought twice as much, would she have gained twice as much?
  2. What should Pranav do the next time he sets up a stall to sell more pav bhaji and make more gains? (Textbook pg. no. 66)
Answer
  1. If Sarita would have bought twice as much, she would have prepared double quantity of food items. Hence, she would have gained twice as much.
  2. Next time Pranav sets a stall, he must sell pav bhaji at a higher cost than he had sold earlier in order to make more gains.
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Question 24 Marks
Pranav and sarita had set up stalls in a fun fair. Study the data given below and answer the questions.

Image

Answer
Total amount invested by Pranav = 70 + 25 + 45 + 14 + 20 = Rs 174
Amount gained through sale = Rs 160
∴ Selling price is less than invested price.
∴ Pranav incurred a loss in his Pav Bhaji business. Hence, he is disappointed.

Total amount invested by Sarita = 20 + 10 + 30 + 50 + 20 + 60 = Rs 190
Amount gained by selling = Rs 230
∴ Selling price is more than invested price.
∴ Sarita made profit in her business. Hence, she is happy.

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Question 34 Marks
Lalitabai sowed seeds worth Rs 13700 in her field. She had to spend Rs 5300 on fertilizers and spraying pesticides and Rs 7160 on labor. If, on selling her produce, she earned Rs 35400 what was her profit or her loss?
Answer
Cost price of seeds = Rs 13700
Cost of fertilizers and pesticides = Rs 5300
Labor cost = Rs 7160
∴ Total cost price = Cost price of seeds + Cost of fertilizers and pesticides + Labor cost
= 13700 + 5300 + 7160
= Rs 26160
Selling price = Rs 35400
Selling price is greater than the total cost price.
∴ Lalitabai made a profit.
Profit = Selling price – Cost price
= 35400 – 26160
= Rs 9240
∴ Lalitabai made a profit of Rs 9240.
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Question 44 Marks
Indrajit bought 10 refrigerators at Rs 12000 each and spent Rs 5000 on transport. For how much should he sell each refrigerator in order to make a profit of Rs 20000?
Answer
Cost price of 1 refrigerator = Rs 12000
Cost price of 10 refrigerator = 10 x 12000 = Rs 120000
Transportation cost = Rs 5000
∴ Total cost price of 10 refrigerators = Cost price of 10 refrigerators + Transportation cost
= 120000 + 5000 = Rs 125000
Profit = Rs 20000
Profit = Selling Price – Total Cost Price
∴ Required selling price = Total cost price + Profit
= 125000 + 20000 = Rs 145000
∴ Selling price of 10 refrigerators = Rs 145000
∴ Selling price of 1 refrigerator $=\frac{145000}{10}=\operatorname{Rs} 14500$
∴ Indrajit must sell each refrigerator at Rs 14500 to make a profit of Rs 20000.
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Question 54 Marks
Kusumtai bought 80 cookers at Rs 700 each. Transport cost her Rs 1280. If she wants a profit of Rs 18000, what should be the selling price per cooker?
Answer
Cost price of one cooker = Rs 700
∴ Cost price of 80 cookers = 700 x 80 = Rs 56000
Transportation cost = Rs 1280
∴ Total cost price = Cost price of 80 cookers + Transportation cost
= 56000 + 1280
= Rs 57280
Profit = Rs 18000
Profit = Selling Price – Total Cost Price
∴ Required selling price = Total cost price + profit
= 57280 + 18000
= Rs 75280
∴ Selling price of 80 cookers = Rs 75280
∴ Selling price of 1 cooker $=\frac{75280}{80}=$ Rs 941
∴ The selling price per cooker should be Rs 941.
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Question 64 Marks
Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell, she had to sell it at Rs 32 per kg. How much loss did she incur?
Answer
Cost price of 50 kg sugar = Rs 1750
Selling price of 1 kg sugar = Rs 32
∴ Selling price of 50 kg sugar = 50 x 32 = Rs 1600
Loss = Total cost price – Selling price
= 1750 – 1600 = Rs 150
∴ Ajit Kaur incurred a loss of Rs 150.
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Question 74 Marks
Abraham bought goods worth Rs 50000 and spent Rs 7000 on transport and octroi. If he sold the goods for Rs 65000, did he make a profit or a loss? How much?
Answer
Cost price of goods = Rs 50000
Transportation cost and octroi = Rs 7000
∴ Total cost price for buying goods = Cost price of goods + Transportation cost and octroi
= 50000 + 7000 = Rs 57000
Selling price of goods = Rs 65000
Selling price is greater than the total cost price
∴ Abraham made a profit.
Profit = Selling price – Total cost price
= 65000 – 57000
= Rs 8000
∴ Abraham made a profit of Rs 8000.
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Question 84 Marks
From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?
Answer
Cost price of 400 eggs = Rs 1500
Transportation cost = Rs 300
∴ Total cost price of 400 eggs = Cost price of 400 eggs + Transportation cost
= 1500 + 300 = Rs 1800
50 eggs fell and broke
∴ Remaining eggs = 400 – 50 = 350
Selling price of 1 egg = Rs 5
∴ Selling price of 350 eggs = 5 x 350 = Rs 1750
Total cost price is greater than the selling price.
∴ Santosh suffered a loss.
Loss = Total cost price – Selling price
= 1800 – 1750
= Rs 50
∴ Santosh incurred a loss of Rs 50.
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