Question

cam bought 20 notebooks and sold themat ₹ 3. 50 each.
If it cost cam ₹ 50 for the notebooks, did he
make a profit or loss what was the value of
profit or loss ?


​

Answer 1

Given:

• c. p (cost price) of 20 notebooks = ₹50
• S. p (Selling Price) of 1 notebook = ₹3.50

To find :

• cam made a profit or loss
• The value of profit or loss

$\small\bf\pink{Let's \:do\:it\:mate!}$

Here,

we first need to find out the Selling price (S.p ) of 20 notebooks .

$\sf{⇒S.P = 3.50×20} \\ ⇒ 70$

Hence ,

S.p of 20 notebooks is ₹70

we can see that S. p is greater than C. P . so, Cam made a profit.

Now,

value of profit :-

we know,

profit = S. P - C. P

$\sf{⇒70 - 50} \\ ⇒20$

Therefore ,

Cam made a profit of ₹20 .

$\small\bf\purple{Hope\:it\:helps\:uh\::)}$