A dealer bought 50 quintals of wheat at the rate of Rs 800 per quintal. He paid Rs 400 as octroi charges and Rs 600 as transportation charges. Then he sold the whole stock at Rs 750 per quintal. Find his profit or loss.
Answers
Step-by-step explanation:
✞︎Given
A dealer bought 50 quintals of wheat at the rate of Rs 800 per quintal. He paid Rs 400 as octroi charges and Rs 600 as transportation charges. Then he sold the whole stock at Rs 750 per quintal. Find his profit or loss.
✞︎To Find
- Profit
- Loss
✞︎Solution
Finding Loss/Gain -
Finding Loss/Gain -Here, CP is more than SP . CP > SP. Hence, loss.
Finding Loss/Gain -Here, CP is more than SP . CP > SP. Hence, loss.Loss = Cost Price - Selling Price
.
Loss=
✰Final Answer.
- 3500
Hope It Helps!!
✞︎Given
A dealer bought 50 quintals of wheat at the rate of Rs 800 per quintal. He paid Rs 400 as octroi charges and Rs 600 as transportation charges. Then he sold the whole stock at Rs 750 per quintal. Find his profit or loss.
✞︎To Find
Profit
Loss
✞︎Solution
Finding Loss/Gain -Here, CP is more than SP .
CP > SP.
Hence , loss . Loss = Cost Price - Selling Price .
Loss =