Question

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Answer 1

total cost of mangoes= 120× 4= 480/-......(1).

now,

he sold 100 mangoes for rs. 48 per 10 mangoes.

therefore,

total money earned by selling 100 mangoes = 10× 48= 480.. (2)

now,

profit= money earned - money spent for purchase.

= 480- 480

= 0.

since there is no increase or decrease in the money earned after selling 100 mangoes,

the correct option is -(3) no profit, no loss.

Answer 2

here's your answer.

Hope it's helpful for you.