Question

11. A businessman bought two machines from Jalandhar. The cost of one machine was
12,000. He has to pay * 900 per machine in transportation and 3 100 per machine for
labour charge. He sold both the machines at 32.000. Find out his loss or profit in this
dealing.
5 # 132​

Answer 1

Answer:

no profit no loss

Step-by-step explanation:

as two machines 12000×2+900+3100×2=32000 which is equal to selling price.

Answer 2

He had neither loss nor profit in this dealing.

• He bought each machines of cost Rs. 12000. So total cost for buying is 2*12000 = 24000
• He has to pay Rs. 900 per machine in transportation. So total cost in transportation is 2*900 = 1800
• He gave Rs. 3100 per machine as labor charge. So total cost in labor charge is 2*3100 = 6200
• so total amount of money he had to pay was 24000 + 1800 + 6200 = 32000
• But he also sold both the machines at Rs. 32000
• As both selling and buying price are same then he had neither loss nor profit in this dealing.