a shopkeeper earns a profit of Rs.50 on every bag and a loss of Rs. 30 o every umbrella he sells. find his profit or loss if he sells 6 bags and 10 umbrella on a particular day ( please reply as soon as possible)
Answers
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STEP 1: Find Profit from selling the bags:
1 bag = Rs 50
6 bags = 50 x 6 = Rs 300
He made a profit of Rs 300
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STEP 2: Find the loss form selling the umbrella:
1 umbrella = RS 30
10 umbrella = 30 x 10 = Rs 300
He made a loss of Rs 300
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STEP 3: Calculate the overall gain/loss
Gain = 300 - 300 = Rs 0
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Answer: The was no gain or loss.
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