Question

A shopkeeper bought 15 tables at the rate of Rs. 500 each and 20 chairs at the rate of Rs. 300 each. He spent Rs 40 on transportation. He sold the tables and chairs at a flat rate of Rs 380 each. What is gain or loss?

Answer 1

Step-by-step explanation:

$\: \large \: \boxed { \sf\underline{given}}$

$\red{\sf \: A \: shopkeeper \: bought \: 15 \: tables \: at \: the \: rate } \: \\ \sf \red{Rs. 500 \: each}$

$\orange{\sf \: so \: cost \: price \: of \: tables\: } \: \\ \implies \: \sf15 \times 500 \\ \sf \implies \: 7500$

$\orange{ \sf 20 \: chairs \: at \: the \: rate \: of \: Rs. \: 300 \: each}$

$\sf \implies \: 20 \times 300$

$\sf\implies \: 6000$

$\green{\sf \: Total \: Table \: and \: chairs} \\ \sf\implies \: 15 + 20 \\ \sf \implies \: 35$

He sold the tables and chairs at a flat rate of Rs 380 each.

$\sf \: \huge \: so \: \: \\ \sf\implies35 \: \times 380 \\ \sf\implies \: 13300$

$\sf \: Total \: Sp \: \large\boxed { \underline{ \green{13300}}}$

$\sf \: Total \: cp \: = \large \boxed{ \underline{\green{ 13500}}}$

$\boxed {\underline{ \sf \: so \: the \: shopkeeper \: will \: get \: the \: loss \: because}}$

$\boxed{ \underline{ \sf \: \: cp \: is \: more \: and \: sp \: is \: less}}$

$\sf \: Sp \: = \orange{ \boxed { \sf \: selling \: price}}$

$\sf \: cp \: = \orange{ \boxed { \sf \: cost \: \: price}}$