A shopkeeper buys a toy for 250 rupees and sell it to 85 Rupees then his gain is
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Answered by
1
there will be no gain to shopkeeper...
instead he will face the loss of Rs.165
instead he will face the loss of Rs.165
Answered by
1
hey,,,,,,,
to solve these kind of questions you need to remember following thing
Gain is there when we sell the thing at a price which is higher than that on which we have bought it
in other words mathematically we can say that whenever there is a gain it means SP is greater than CP
but we can see in the given question that there is CP greater than SP that means there is no profit in the above situation instead there is a loss which is given by
CP -SP
=250-85
= Rs 165
to solve these kind of questions you need to remember following thing
Gain is there when we sell the thing at a price which is higher than that on which we have bought it
in other words mathematically we can say that whenever there is a gain it means SP is greater than CP
but we can see in the given question that there is CP greater than SP that means there is no profit in the above situation instead there is a loss which is given by
CP -SP
=250-85
= Rs 165
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