Question

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
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Answer 1

Answer:

Given:-

John bought 10 washing machines at ₹1,80,000, he spent ₹2,000 for transport if he sold each machines at ₹19,000 then what was his profit or loss?

To Find:-

His profit or loss amount.

Note:-

●》As transport price is also given with C.P. ( amount at things which are brought ) then it will be calculated for becoming real C.P.

●》When there is a profit then C.P. ( amount at which things are brought ) should be lower than S.P. ( amount at which things are sold ) ; When there is a loss then S.P. should be lower than C.P .

●》Profit = S.P. - C.P. ; Loss = C.P. - S.P.

Solution:-

[ First, we will take S.P. in 10 washing machines unit ]

☆ We know that~

▪︎$1 \ \ washing \ \ machine \ \ S.P. = ₹19,000$

☆ So~

▪︎$10 \ \ washing \ \ machines \ \ S.P. = ₹19,000 × 10$

▪︎$10 \ \ washing \ \ machines \ \ S.P. = ₹1,90,000$

_____________________________________________

[ We will calculate the transport price with C.P. for making real C.P. ]

☆ According to note first point~

▪︎$Real \ \ C.P. = Transport \ \ price + C.P.$

▪︎$Real \ \ C.P. = ₹2,000 + ₹1,80,000$

▪︎$Real \ \ C.P. = ₹1,82,000$

_____________________________________________

$\huge\red{Now, C.P. = ₹1,82,000; \ \ S.P. = ₹1,90,000}$

☆ According to note second point~

▪︎$C.P. \ \ □ \ \ S.P. = Profit \ \ or \ \ Loss \ \ ?$

▪︎$₹1,82,000 \ \ □ \ \ ₹1,90,000 = Profit \ \ or \ \ Loss \ \ ?$

▪︎$₹1,82,000 \ \ < \ \ ₹1,90,000 = Profit ✔ , Loss ✖$

$\huge\pink{Hence, \ \ it \ \ is \ \ Profit}$

_____________________________________________

[ Now, we will calculate Profit amount ]

$\huge\green{C.P. = ₹1,82,000; \ \ S.P. = ₹1,90,000}$

$\huge\green{Profit \ \ amount = ?}$

☆ According to note third point~

▪︎$Profit \ \ amount = S.P. - C.P.$

▪︎$Profit \ \ amount = ₹1,90,000 - ₹1,82,000$

☆ After doing calculations~

▪︎$Profit = ₹8,000$

$\huge\pink{Profit = ₹8,000}$

Answer:-

Hence,

• The washing machine sold by John is Profit.
• Profit amount is = ₹8,000.

:)