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1. A notebook is bought for ₹25 and sold for ₹40. Find the profit or loss.
C.P. of the notebook = ₹25
S.P. of the notebook = ₹40
S.P. > C.P.
So, there is a profit.
\text{Profit} = \text{S.P.} - \text{C.P.}
= 40 - 25
= ₹25
2. If 1 kg of sugar is bought for Rs.90 and it is sold for Rs.67. Find the profit or loss.
C.P. of 1 kg of sugar = Rs.90
S.P. of 1 kg of sugar = Rs.67
In this case, C.P. > S.P.
Therefore, there is a loss.
\text{Loss} = \text{C.P.} - \text{S.P.}
= 90 - 67
= Rs.23
3. If a box of chocolates is bought for Rs.120 and it is sold for Rs.120. Find the profit or loss.
In this case, C.P. = S.P.
Therefore, there is no profit or loss.
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