Question

A Green grocer had a profit of Rs 47 on Monday, a loss of Rs 12 on Tuesday and loss of Rs 8 on Wednesday. Find his net profit or loss in 3 days.​

Answer 1

Answer: profit=Rs47

Loss on Tuesday=Rs12

Loss on Wednesday=Rs8

Total loss= 12+8=20

Since profit >loss

Therefore there is a profit of 47-20=27

ANS=Profit of Rs 27

Step-by-step explanation:

Answer 2

On Monday the greengrocer had a profit of Rs 47.

Let the buying price be 100

so the selling price is 100+47=147

On Tuesday he had a loss of Rs 12

So if the buying price is 100, the selling price is 88

On Wednesday he had a loss of Rs 8

So if the buying price is 100 the selling price is 92

So in 3 days, the total buying price is Rs. 300 and selling price is 147+88+92=327 Rs.

Profit=327-300=27 Rs.