house?
13.
Sohan bought 68 toys for 3400. He sold the toys at the rate of 35 per toy. Calculate his profit or
loss.
f250 What was its cost price?
Answers
Answered by
117
A n s w e r
G i v e n
- Sohan bought 68 toys for Rs 3400
- He sold the toys at the rate of Rs 35 per toy
F i n d
- Profit or Loss
- Cost price
S o l u t i o n
➠
- Total money used in buying 68 toys = 3400
- Total number of articles = 68
➜
➜ 50
- Hence cost of 1 toy is Rs 50
Let the total money got by selling toys be "x"
- The total money got by selling 68 toys = x
- Total number of articles = 68
➠
➜
Given that the selling price of 1 toy is Rs 35
So,
➜
➜ x = 35 × 68
➜ x = 2380
- Hence Sohan got Rs 2380 by selling his toys
To find the profit or loss we will subtract Total money used in buying toys with The total money got by selling toys
So,
➜ 2380 - 3400
➨ -1020
The negative sign indicate that it is a case of loss
While if we got a positive sign here then it would be a case of profit
- Hence Sohan got loss of Rs 1020
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