A merchant bought a sofa-set for ₹18,000. He sold it to his friend for
₹15,750. If the merchant had spent 2,500 on transport, find his gain or
loss.
Answers
Answered by
13
GIVEN
A merchant bought a sofa-set for ₹18,000. He sold it to his friend for
₹15,750. If the merchant had spent 2,500 on transport, find his gain or
loss.
ANSWER
CP of a sofa set = 18000
SP of the sofa set = 2500
Since, CP>SP
Therefore, Loss = CP - SP
= 18000 - 2500
= 15500
Answered by
1
Step-by-step explanation:
cost price of the sofa - set =18000
he spent =15750
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