Question

A person gain Rs 2 on product X and loses Rs 3 on Y. If he sells 8 items of X and 5 items of Y, his profit or loss is

Answer 1

Answer:

For product X

profit = Rs 2

total no.of X selled=8

profit= 2×8

=Rs 16

For product Y

loss = Rs 3

Total no. of Y selled=5

loss = 5×3

=15

S.P >C.P=profit

profit= S.P-C.P

=16-15

=Rs 1

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