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 last three days.
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The profit earned by the green grocer is denoted by the positive sign (+) and
the loss suffered by the green grocer is denoted by the negative sign.
Profit earned on Monday = Rs. 47 = (+ 47)
Loss incurred on Tuesday = Rs. 12 = (- 12)
Loss incurred on Wednesday = Rs. 8 = (- 8)
Therefore, his net profit or net loss in 3 days will be as follows.
⇒ (+ 47) + (- 12) + (- 8)
⇒ 47 - (12 + 8)
⇒ 47 - 20
⇒ + 27
So, his net profit is Rs. 27
Answer.
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