A Bananacue vendor gains 100 pesos for selling 10 pesos per stick is it profit or loss?
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A Bananacue vendor gains 100 pesos for selling 10 pesos per stick then he have gained profit.
Step 1: Find the profit.
Given- Gains 100 pesos for selling 10 pesos per stick.
Profit is the amount of gain you get after selling the product. Profit occurs when you sell the product in more than the cost at you buy it. Profits are the benifits which we get in business or anything.
If a bananacue vendor gains 100 pesos for selling 10 pesos per stick then he has profit because in selling that product he gains 100 pesos.
It means Cost price of stick is less the selling price of stick due to which vendor gets profit.
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