a dealer purchased 50 tables for 4570 each. 9 tables got damaged in transit he sold the remaining tables for 5000 each choose the most appropriate statement for this case
(a) He was able to recover the cost of the damaged table.
(b) he made a profit of ₹ 25000
(c) he incurred a loss of ₹ 23500
(d) he made a profit of ₹ 23500
Answers
Answer:
(c) He incurred a loss of ₹ 23500
Step-by-step explanation:
According to the information given in the question It is given as
a dealer purchased 50 table for cost =4570 each
9 Tables got damaged in transits
sold the remaining tables for = 5000 each
We Need to find the correct option of the question.
50 table cost=4570 x 50
=228500
Now 9 tables damaged due to transits
Means 4570 x 9
=41130
Total cost of damage =41130
Total cost - damaged cost =
(228500 -41130) =187370
He sold remaining tables for =5000 each
As
total - damaged
(50 - 9) = 41
Hence he got =5000 x 41
=205000
He purchased =228500
He sold finally =205000
Difference value is the profit or loss
Hence
228500 - 205000
=23500
So it is concluded that statement or option (c) is correct he incurred a loss of ₹ 23500
Answer:
Step-by-step explanation:
purchase 50X4570=228500
sold 41X5000=205000
loss= 23500. ans: C.