Question

) A shopkeeper earns a profit of ₹ 60 per cotton shirt and loss ₹ 5 per shirt made of synthetic material.

The shopkeeper sold 50 cotton shirts and 70 synthetic shirts in a week . What was his profit or loss

for that week ?​

Answer 1

₹ 2790 is the total profit incurred by the shopkeeper in the week.

Step-by-Step Explanation:

Given:

Profit upon selling one cotton shirt= ₹ 60

Loss upon selling one synthetic shirt= ₹ 5

To Find: Total profit/ loss incurred by the shopkeeper

Solution:

The shopkeeper sold 50 Cotton shirts in the week.

⇒ Profit incurred by the shopkeeper= 50 x ₹ 60

⇒ Profit incurred by the shopkeeper= ₹ 3000

Next,

The shopkeeper sold 70 synthetic shirts in the week.

⇒ Loss incurred by the shopkeeper= 70 x ₹ 5

⇒ Loss incurred by the shopkeeper= ₹ 210

Now,

Total profit/loss= ₹ 3000 + (- ₹ 210)  [∵ Loss is negative]

⇒ Total profit/loss= ₹ 2790