Question

12. Suresh bought 40 notebooks at each for 5. He sold them all and got rotten. He sold the
remaining at 1.50 each. What was his profit or loss?
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Answer 1

Answer:

Total notebooks = 40

CP= 40 x 5 = 200Rs

SP= 40 x 1.5= 60Rs

Since SP<CP

Therefore it is a loss

Loss of 200-60=140Rs