Question

A vendor bought oranges at 20 for $40 and sold them at 5 for $10. Choose the statement that is true. *

a. The vendor made a profit.
b. The vendor made a loss.
c. The vendor did not make a profit nor a loss.
d. The cost price is lower than the selling price.

Answer 1

Answer:

a) The vendor made a ptofit.

It is the correct answer dear

Answer 2

Answer:

The ans's Option- (c) The vendor didn't make a profit nor a loss.

Cause, he bought 20 oranges for 40$ & sold 5 oranges at 10$, so, if he'd sell all of those, then, the 20 oranges sold at the same price point as he bought;