Question

a furniture mart buys an old sofa set for Rs.5,390. They spend Rs.1,840 to put new covers on it and sell it for Rs.8,000. what is the profit or loss?​

Answer 1

Answer:

770 profit

Step-by-step explanation:

Cost price=5390+1840=7230

s.p=8000

so Profit =770

Answer 2

Answer:

Profit

Step-by-step explanation:

Cost price ( cp) of an old sofa = Rs. 5,390

Money spent to put new covers = Rs.1,840

Selling price (sp) of an old sofa = Rs. 8,000

Profit = Rs. 5,390+ Rs.1,840 = Rs. 7,230

Now,

Rs. 8,000 - Rs. 7,,230 = Rs. 770

Profit is Rs. 770.