a person gains RS2 on product X and loss RS3 on product y if he sells 8 items of course and 5 items of y what is his profit or loss
Answers
The man gets profit of Rs. 1
Given,
A person gains Rs. 2 on product X and
loss RS. 3 on product y.
he sells 8 items of x and 5 items of y
To Find,
Find what is his Profit or loss
Solution,
According to the question, a person gains Rs. 2 on product X.
and besides that he loses Rs. 3 on product y.
Profit is an income that is given to the owner throughout a successful market production process. Profit is a metric of profitability.
A loss is an excess of expenses over revenues, either for a single business transaction or the total of all transactions for an accounting period.
after that, he sells 8 items of x.
so, profit on 8 items is = 2×8 = 16
and, also he sells 5 items of y
so, loss on 5 items is = 5×3 = 15
[ as, we all know that 16 is greater than 15, 16>15]
so, the man is doing profit.
The total amount of his profit is 16-15 = 1
Hence, The man gets profit of Rs. 1
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