R
Rishtaara
Mathematics · Class 4

The Junk Seller

Learn The Junk Seller with notes, examples, and practice questions.

3 sections15–25 min read3 MCQs · 1 examples

Chapter Overview

100 paise = ₹1. Profit = selling price − cost price when the selling price is greater.

The Junk Seller builds money sense through buying and selling recyclable materials. Learners calculate costs, bills, change, and simple profit or loss using rupees, paise, multiplication, and subtraction.

Bills and Change

  • Cost of several equal items = price of one × quantity.
  • Add all item costs to find a bill total.
  • Change = amount paid − bill total.
  • Align rupees and paise carefully when adding money.

Buying and Selling

  • Cost price is what a seller pays for an item.
  • Selling price is what the customer pays.
  • A higher selling price gives profit; a lower one gives loss.
  • Compare prices for the same quantity or weight.

Solved Examples

Step-by-step solutions — read each step before checking the final answer.

Calculate Earnings

A junk seller buys 8 kg of paper at ₹6 per kg and sells it for ₹9 per kg. What profit is made?

  1. 1Cost price = 8 × ₹6 = ₹48.
  2. 2Selling price = 8 × ₹9 = ₹72.
  3. 3Profit = ₹72 − ₹48 = ₹24.

Answer

₹24 profit

Key Points to Remember

  • Multiply rate by quantity
  • Subtract total from payment for change
  • Distinguish cost price from selling price
  • Profit and loss compare buying and selling amounts

Exam Tips

  • Use the ₹ symbol correctly
  • Check whether a rate is per kilogram or total
  • Calculate cost and selling totals before finding profit

Practice MCQs — The Junk Seller

Test your understanding with topic-wise multiple choice questions. Explanations appear after each answer.

Question 1 of 3Score: 0/0

What is the cost of 7 kg of metal at ₹12 per kg?