John bought 10 washing machines at ₹180000 he spent ₹2000 for transport if he sold each washing machine at ₹19000 then what was his profit or loss?
please give me answer with explanation and fast
Answers
Answer:
profit =8000
profit on 1 machine= 800
Step-by-step explanation:
the total cost of the 10 washinh machones is 180000+2000 =182000
this is because transport charges vomes under overheads which is added to the cp
and the sp is 19000 for 1 machine then for 01 machines the sp will be 10 X19000=190000
therefore selling price of the the machine is greater than the cost price therefore it is profit !
profit =sp-cp
therefore : 190000-182000=8000
profit on ten machines is 8000 and for one machine is i need to divide it by 10 therefore: 8000 divide by 10 is 800
Answer:
8000 rupees
Step-by-step explanation:
10 washing machines = 180000+2000 = 182000
1 washing machine = 19000
19000 * 10 ( because 10 washing machines )
C . P . = 182000
S . P . = 190000
Since S . P . is greater than C . P . we get profit
Profit= S . P . - C . P .
= 190000 - 1820000
= 8000 rupees