A fruit merchant earns a profit of Rs.10 per bag of oranges and a loss of Rs.5 per bag of grapes sold. If he sells 200 bags of oranges and 350 bags of grapes, find the total profit/loss.
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Answer: The total profit is 250
Step-by-step explanation:
The profit by selling one bag of orange = Rs10
The loss by selling the one bag of grapes=Rs 5
Number of orange bags sold by the merchant= 200 bags
Number of grapes bags sold by the merchant= 350 bags
Profit of selling the 200 orange bags by the merchant= Rs 10×200=Rs2000
Loss of selling the 350 grapes bags by the merchant= Rs 5×350=Rs 1750
The total Profit = Profit of selling the orange bags - By Loss of selling the grapes bags
Rs 2000-Rs1750
Rs 250
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