Profit-Loss Maths - Profit-Loss

Project (Textbook pg. no. 72)
i. Relate instances of profit and loss that you have experienced. Express them as problems and solve the problems.
ii. Organize a fair. Gain the experience of selling things/trading. What was the expenditure on preparing or obtaining the good to be sold? How much were the sales worth? Write a composition about it or enact this entire transaction.

Maths is fun!

Arpita used 4 matchsticks to make a square. Then she took 3 more sticks and arranged them to make 2 squares. Another 3 sticks helped her to make 3 squares. How many sticks are needed to make 7 such squares in the same way? How many sticks are needed to make 50 squares?

Hanif bought one box of 50 apples for Rs 400. He sold all the apples at the rate of Rs 10 each. Was there a profit or loss? What was its percentage?

Ramrao bought a cupboard for Rs 4500 and sold it for Rs 4950. Shamrao bought a sewing machine for Rs 3500 and sold it for Rs 3920. Whose transaction was more profitable?

Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable?

Kantabai bought 25 saris from a wholesale merchant for Rs 10000 and sold them all at Rs 460 each. How much profit did Kantabai get in this transaction?

Sharad bought one quintal of onions for Rs 2000. Later he sold them all at the rate of Rs 18 per kg. Did he make a profit or incur a loss? How much was it?

Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoil. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much?

The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis.
They sold the chakalis for Rs 22050. How much profit did the WSG make?

The cost price and selling price are given in the following table. Find out whether there was a profit or a loss and how much it was.

Ex.	Cost price (in Rs)	Selling price (in Rs)	Profit or Loss	How much?
i.	4500	5000
ii.	4100	4090
iii.	700	799
iv.	1000	920

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)

Pranav and sarita had set up stalls in a fun fair. Study the data given below and answer the questions.

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?

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?

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?