Page 94 - Maths Skills - 7
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92                                                                                                  Maths

          7.  12% of the employees in a factory are women and number of men employees is 264. Find the total
            number of employees. Also find the number of female employees.
          8.  In an election, out of 105000 eligible voters, 65000 cast their votes. What was the percentage of eligible
            voters casting their votes?

          9.  A DVD player has a marked price of ` 5488. After the declaration of the central budget its price reduced to
            ` 4802. What is the percentage decrease in the marked price of the DVD player?
          10. The excise duty on an article is reduced from ` 820 to ` 738. Find the percentage reduction in the excise
            duty on that article.
          11. The price of a car increases from ` 195000 to ` 210600. Find the percentage increase in the price of
            the car.
          12. The speed of a train is 120 km/h. It is increased by 10%. Find the increase in the speed. Also find its
            new speed.
          13. A football team played 18 matches. The team won 8 matches and lost 4 matches and 6 matches ended
            in a draw. What per cent of the matches did the team (i) win?  (ii) lose?

          14. In an examination a student must get 45% marks to pass. A student gets 54 marks out of 200. Express
            his marks as a percentage. How many more marks should he get to pass the examination?

          15. Rohit scored 565 marks out of 650 and Raman scored 420 marks out of 500. Whose performance
            is better?

        PROFIT AND LOSS
        The words ‘Profit’ and ‘Loss’ are used very frequently in the field of business. In our day-to-day life, we purchase
        goods from various shops. The shopkeepers purchase these goods either from wholesalers or directly from the
        manufacturers by paying a certain price.
        The price at which the shopkeeper purchases the goods is called the Cost Price (C.P.).
        The price at which the shopkeeper sells the goods is called the Selling Price (S.P.).

        Profit
        If the selling price of an article is more than its cost price, then the shopkeeper earns a gain or profit.

        Thus, if (S.P. > C.P.), then               Profit = Selling Price – Cost Price
        Loss

        If the selling price of an article is less than its cost price, then the shopkeeper suffers a loss.
        Thus, if (C.P. > S.P.), then               Loss = Cost Price – Selling Price

        Overhead Charges
        Usually  before  selling  the  goods, a  shopkeeper  has  to  spend  money  in
        addition to the price at which he buys them. For example, money spent on      Fact-o-meter
        transporting goods to his shop, or money paid for maintaining the goods in   Profit  per  cent  and  loss
        proper order. Such additional expenses are called overhead expenses. These   per  cent  are  calculated
        expenses are added to the price at which goods were purchased. The total is   with respect to C.P.
        then taken as the effective cost price.
               \  Real Cost Price = Price at which goods purchased  + Overhead expenses

               Formulae for calculating Profit % and Loss % are given below:
                           Profit                              Loss
               Profit % =   C.P.   × 100;           Loss % =   C.P.   × 100
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