Math, asked by varunmittal2453, 1 year ago

Abraham bought goods worth ₹ 50000 and spent ₹ 7000 on transport and octroi. If he sold the goods for ₹ 65000, did he make a profit or a loss? How much?

Answers

Answered by arushigupta3535
45
Money spent= 50000+7000= Rs57000
Money earned=Rs 65000
65000-57000= Rs 8000
65000 is greater than 57000. Therefore, a profit by Rs 8000.
Answered by amitnrw
31

Answer:

He made a profit of Rs 8000

Step-by-step explanation:

braham bought goods worth ₹ 50000 and spent ₹ 7000 on transport and octroi. If he sold the goods for ₹ 65000, did he make a profit or a loss? How much?

Cost of goods = Rs 50000

Transportation & Octroi cost = Rs 7000

Net effective cost Price = 50000 + 7000 = Rs 57000

Goods sold at Rs 65000

Selling Price of good = Rs 65000

65000 > 57000

Selling Price > Cost Price

Profit = Selling Price - Cost Price

=> Profit = 65000 - 57000 = Rs 8000

He made a profit of Rs 8000

Similar questions