Question

A shopkeeper sold 10 jute bags at the rate of rupees 100 each and 100 plastic bottles at the rate of rupees 10 each if he got a profit of 12% in jute bags and 15% loss in plastic bottles what loss or profit he earned?

Answer 1

Answer:

Loss of Rs 30

Step-by-step explanation:

Total Cost price of Jute bags = 10×100= 1000

Total Cost price of Plastic bottles = 10×100= 1000

Profit on jute bags= 12% = 12% of 1000= 120

Loss on bottle = 15% of 1000= 150

Therefore, in total there is loss of 150-120= 30