To find cost price or selling price when profit or loss is given are discussed here.

**For example:****1.** Maria sold a bicycle for $ 24900 at a profit of $ 600. Find the price at which she bought it.**Solution:**

Selling Price = $ 24900

Profit = $ 600

Cost Price = Selling Price – Profit

Cost Price = 24900 – 600

= $ 24300

Therefore, Maria bought it at $ 24300.

**Answer: $ 24300****2.** Ron has a cycle worth $ 1800 and he wants to sell it at a profit of $ 220. What should cycles selling price be?**Solution:**

Cost Price = $ 1800

Profit = $ 220

Selling Price = Cost Price + Profit

Selling Price = 1800 + 220

= $ 2020

Selling price of the cycle = $ 2020

**Answers: $ 2020****3.** Diane sold a book worth $ 850 at a loss of $ 180. Find the selling price of the book.**Solution:**

Cost Price = $ 850

Loss = $ 180

Since, Selling Price = Cost Price + Loss

Selling Price = 850 - 180

= $670

Therefore, selling price of the book = $ 670 **Answers: $ 670****4.** If a chair was sold for $ 990 at a loss of $ 110. Find the cost price of the chair.**Solution:**

Selling Price = $ 990,

Loss = $ 110

Cost Price = Selling Price + Loss

Cost Price = 990 + 110

= $ 1100

Therefore, cost price of the chair = $ 1100**Answers: $ 1100**

To find Cost Price or Selling Price when Profit or Loss is given.

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