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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