Question

Plz answer correctly no spamming ☺️​

Answer 1

total money spent on shofa=19000+500+1000=20500

ney spent on shofa=19000+500+1000=20500selling price=25000

ney spent on shofa=19000+500+1000=20500selling price=25000profit=25000-20500=4500

ney spent on shofa=19000+500+1000=20500selling price=25000profit=25000-20500=4500% profit=4500*100/20500=21.95%

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Answer 2

Answer:

Given

Cost of sofa set = 19000

GST charged = 500

Transportation charges = 1000

Selling Price = 25000

To find

Gain or Loss

Solution

Total money spent on the sofa set = Cost of sofa set + GST + Transportation charges

= 19000+500+1000

= 20500

Thus, the total cost of the sofa set = 20500

Total Gain or Loss = Selling Price - Cost Price [It is the total money spent on a product. According to this question, it will be 20500].

Total Gain or Loss = 25000-20500

= 4500

As the amount is positive it means that the merchant had gained Rs 4500.

Extra Information

If the amount at the end would have been negative then it would have been a loss for the merchant.

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