A toy shop owner earns a profit of Rs 5 by selling an electronic toy and incurs a loss of
Rs 2 by selling a soft toy from his old stock.
a) On a particular day, he sells 100 electronic toys and 300 soft toys. Find his overall
profit or loss.
b) How many soft toys should he sell to have no profit or loss, if he sells 200 electronic
toys in 1 day?
Answers
Step-by-step explanation:
A toy shop owner earns a profit of Rs 5 by selling an electronic toy and incurs a loss of
Rs 2 by selling a soft toy from his old stock.
a) On a particular day, he sells 100 electronic toys and 300 soft toys. Find his overall
profit or loss.
b) How many soft toys should he sell to have no profit or loss, if he sells 200 electronic
toys in 1 day
Answer:
Total profit on selling 1 electronic toy = 5 Rs
Total loss on selling 1 soft toy = 2 Rs
a) So Total profit on selling 100 electronic toys = 5*100 = 500Rs
And Total loss on selling 300 soft toys = 2*100 = 200 Rs
And 500 - 200 = 300 Rs
So he is in overall profit of 300 Rs
b) Let the number of soft toys be x
So Total loss on selling x number of toys = 2*x = 2x
And Total profit on selling 200 electronic toys = 5*200 = 1000
And 1000 - 2x = 0
= -2x = -1000
= x = 500
Hence he should sell 500 soft toys to have no profit or loss.