Answer :

1. Cost price = 320

Selling price = 384

Since selling price < Cost price

Profit = Selling Price - Cost price

= 384 – 320 = 64

Profit % =

=

= 20%

2. Cost price = 2500

Selling price = 2700

Since selling price < Cost price

Profit = Selling Price - Cost price

= 2700 – 2500 = 200

Profit % =

=

= 8%

3. Cost price = 380

Selling price = 361

Since selling price > Cost price

Loss = Cost price - Selling Price

= 380 – 361 = 19

loss % =

=

= 5%

4. Cost price = 40

Loss = 2

Loss = Cost price - Selling Price

Selling Price = Cost price – Loss

= 40 – 2 = 38

loss % =

=

= 5%

5. Cost price = 5000

Profit = 500

Profit = Selling Price - Cost price

Selling Price = Cost price + Profit

= 5,000 – 500 = 5,500

Profit % =

=

= 10%

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