Question

Mrs Sharma buys a packet of kite paper for 760 and sells them at 3.00 per sheet . calculate the profit or loss ifeach packet contain 500 sheets​

Answer 1

Step-by-step explanation:

Given

Mrs Sharma buys packet=Rs. 760×3=Rs.2280

If 500 sheets, 500×3=Rs.1500

It will be loss because less sheet in number

Answer 2

Step-by-step explanation:

CP of one packet of kite paper =Rs 760

i.e CP of 500 kite paper =Rs 760

CP of 1 kite paper = 760 ÷500 = Rs1.52

Also, SP of 1 kite paper = Rs 3.00

SP of 500 kite papers= 3×500= Rs 1500

since, SP > CP

Therefore, profit occured

we know that,

profit = SP - CP

= 1500 -760

=Rs 740