Pawan, Shilpa, Anil and Mitali are studying in same school. The school organised a food mela. They purchased all raw materials for food, cooked them and then sold. Pawan purchased 500 as raw materials and sold his food item for * 800. Shilpa purchased 700 as raw materials and sold her food item for 750. Anil purchased 500 as raw materials and sold his food item for 400. Mitali purchased * 800 as raw materials and sold her food item for 1200. Find their profit or loss.
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Step-by-step explanation:
PAWAN:-
purchasing price-500
selling price-800
so he gained a profit of 300 as selling price is greater that purchasing price
SHILPA:-
purchasing price-700
selling price-750
so he gained a profit of 50 as selling price is greater that purchasing price
ANIL:-
purchasing price-500
selling price-400
so he gained a loss of 100 as purchasing price is greater that selling price
MITALI:-
purchasing price-800
selling price-1200
so he gained a profit of 400 as selling pricer is greater that purchasing price
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