8. A shopkeeper earns a profit of 21000 by selling a chair and incurs a loss of 500 by selling a table.
i. What is his profit or loss, if he sold 48 chairs and 20 tables in a month?
ii. Next month, he earns neither profit nor loss. If he sold 30 chairs, how many tables did he sell?
please answer.
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Step-by-step explanation:
(i) profit of 1 chair= 21000
he sell 48 chair= 48×21000= 480,000
loss on table=500
he sell 20 table=500×20=10000
his profit of 480000-10000= 470,000
(ii) he sold 30 chairs= 30×21000= 630,000
neither loss or profit
no of table he sold =
630000/500= 630,000
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