A garment store bought 50 shirts at a rate ₹400 per shirt and sold them for ₹18400. Find his profit or loss
Answers
1600
Step-by-step explanation:
Cp=400×50=20000
CP=20000
LOSS=20000-18400=1600
LOSS=1600
Answer:
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Secondary School Math 5 points
A garment store bought 50 shirts at the rate of Rs 400 per shirt and sold all of them for Rs 18400. Find its profit or loss percentage.
Ask for details Follow Report by Aashaykeshava 28.02.2019
Answers
Aryan2104 Helping Hand
He would be at a loss of 8%.
Because total CP is (400×50)=20000
And SP is 18400
So CP>SP, then it is loss
Loss= CP–SP=1600
Loss%=(loss/CP) × 100
= (1600/20000)×100
= 8
Hope it would help!
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mass32
mass32 Ace
Cost of one shirt =400
cosy of 50 shirts=400*50=20000
thus he suffered loss
amount loss=20000-18400=1600
loss percentage =x
NOW
(x/100)*20000=1600
200x=1600
x=8%
Thus loss=8%