9. A shop keeper purchased 15 tables,
at a rate of Rs. 500, and 20 chairs
a rate of Rs. 300. He paid Rs. 40
transport. He sold both tables and chain
each at a rate of Rs. 380. Is it a gain or
s
and how much?
Answers
Answer: 240
Step-by-step explanation:Calculating cost price:-
It is given that, cost price of each table = Rs. 500
Number of tables bought = 15
So, total money spent in buying tables = Rs. (15 * 500) = Rs. 7500
And, cost price of each chair = Rs. 300
Number of chairs bought = 20
So, total money spent in buying chairs = Rs. (20 * 300) = Rs. 6000
Money spent on transportation = Rs. 40
Hence, total cost price = (Total most spent in buying tables) + (Total money spent in buying chairs) + (Money spent in transportation)
=> Total CP = Rs. (7500 + 6000 + 40)
=> Total CP = Rs. 13540
Calculating selling price:-
It is given that, while selling, the SP of both the tables and chairs was Rs. 380 each.
So, total number of (tables + chairs) = 15 + 20 = 35
Selling price of each table/chair = Rs. 380
Total SP = Rs. (35 * 380)
=> Total SP = Rs. 13300
Calculating gain or loss:-
As CP > SP, the shopkeeper has suffered loss.
Loss = CP - SP
=> loss = Rs. (13540 - 13300)
=> Loss = Rs. 240 Ans.
Answer:
840-760=80
loss of rs 80