Question

a bookseller bought 100 books for rupees 40 each .He sold 85 books for rupees 50 each and donated the remaining 15 books to a public library . Did the bookseller make a profit or loss​

Answer 1

Step-by-step explanation:

GIVEN

CP OF BOOKS = ₹4000(40×100)

SP OF BOOKS = ₹4250(85×50)

DONATED 15 BOOKS TO LIBRARY = 15 × 40 = ₹600 AS HE BOUGHT EACH FOR 40

FIND OUT

PROFIT OR LOSS

• COST FOR BOOKS (TOTAL)= 4000 + 600= ₹4600

• THEREFORE NOW CP = ₹4600
• WHEREAS SP = ₹4250
• 4600-4250=350
• NOW SP ≤ CP
• THE BOOK SELLER SUFERED A LOSS OF 350 RUPEES.