A shopkeeper bought 15 tables at the rate of 50.00 each, 20 chairs at the rate of 30.00 each. He
spent ruppee 40.00 on transportation. He sold the tables and chairs at a flat rate of rupees 38.00 each. Find
his gain or loss.
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Rate of tables=750
Rate of chairs=20×30=600
total spend money =750+600+40( transportation )
sold = 38 of each
=38( 15+20 )
=38×(35)
= 1330
Total Loss=1490-1330
=160
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