A green grocer had a profit of ₹250 on Monday, a loss of ₹120 on Tuesday and loss of ₹180 on Wednesday. Find total profit or loss after 3 days.
Answers
Monday = +250
Tuesday = -120
Wednesday = -180
Total profit/loss = Monday + Wednesday + Tuesday
= +250 + (-120) + (-180)
= 250 - 120 - 180
= -50
The green grocer had a total loss of 50 rupees.
Given - Profit on Monday = Rs. 250
Loss of Tuesday and Wednesday = Rs. 120 and 180 respectively.
Find - Total profit or loss after 3 days.
Solution - To find total profit or loss, all the amounts will be added. Profit will be taken with plus and loss will be taken with negative sign.
Writing the mentioned statement in mathematical form, the equation will be -
Total profit/loss = 250 + (-120) + (-180)
Total profit/loss = 250 - 120 - 180
Total profit/loss = 250 - (120 + 180)
Total profit/loss = 250 - 300
Total profit/loss = -50
Since the answer has negative sign, this indicates, green grocer suffered a loss of Rs. 50 after 3 days.