A shopkeeper bought 15 tables at the rate of 50.00 each, 20 chairs at the rate of 30.00 each. He
spent 40.00 on transportation. He sold the tables and chairs at a flat rate of * 38.00 each. Find
his gain or loss.
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Answer:
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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