Q73 of 140 Page 196

If a chair is bought for Rs 2000 and is sold at a gain of 10%, then selling price of the chair is Rs 2010.

False

Given, CP = 2000 and profit% = 10%

⇒ Profit% = × 100

⇒ 10 = × 100

⇒ SP-2000 = 200

⇒ Sp = 2200

Out of 600 students of a school, 126 go for a picnic. The percentage of students that did not go for the picnic is 75.

By selling a book for Rs 50, a shopkeeper suffers a loss of 10%. The cost price of the book is Rs 60.

If a bicycle was bought for Rs 650 and sold for Rs 585, then the percentage of profit is 10.

Sushma sold her watch for Rs 3320 at a gain of Rs 320. For earning a gain of 10% she should have sold the watch for Rs 3300.