• # question_answer14) Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. (a) Gardening shears bought for  250 and sold for  325. (b) A refrigerator bought for 12,000 and sold at  13,500. (c) A cupboard bought for  2,500 and sold at  3,000. (d) A skirt bought for  250 and sold at  150.

(a) C.P. =  250 S.P. =  325             .             Profit has been made. Profit . =   325 -  250 =   75 Profit %                = 30%  (b) C.P. =  12,000 S.P. =  13,500             .             Profit has been made. Profit =  13,500 -  12,000 =  1,500 Profit %                 (c)           C.P =  2,500                                 S.P =  3,000                                                          Profit has been made. Profit                       =  3,000 -  2,500 =  500                 Profit %                                                  (d)          C.P =  250                                 S.P =  150                                                         Loss has been made.                                                                 =   250 -  150 =  100