a shopkeeper had purchased 400 products for $40 each the goods did not sell due to quality issues he sold them to a scrap dealer for $6500 what is the profit/loss that he made in the transaction
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Answered by
33
Total cost of 400 goods= (400×40)$=$ 16000
he sold to a scrap dealer =$6500
the loss amount = (16000-6500)$
9500
Ans:-- The loss amount for the shop keeper was $9500,
Answered by
12
Answer:
59.37℅loss
Step-by-step explanation:
9500/16000= ans
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