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.
5th Grade Numbers Page
5th Grade Math Problems
From To find Cost Price or Selling Price when Profit or Loss is given to HOME PAGE
Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.
Sep 18, 24 03:29 PM
Sep 18, 24 02:47 PM
Sep 17, 24 01:47 AM
Sep 17, 24 12:10 AM
Sep 16, 24 11:24 PM
New! Comments
Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.