Question

Q12.Ram bought a television for Rs. 68,000 and spent Rs. 2000 on its transportation. He sold the television for Rs. 75,000. Find his profit or loss.​

Answer 1

Answer:

His profit is Rs. 5000

Step-by-step explanation:

Ram bought the television for Rs. 68000 and spent Rs. 2000 for transportation. So,

Total expenditure = 68000+2000= Rs. 70000

He sold the television for Rs. 75,000. Hence the profit is,

$Profit =75000-70000=5000$

His Profit is Rs. 5000.

Answer 2

Given : Cost of television = ₹68,000

Transportation cost = ₹2000

Selling price = ₹75,000

To find: Profit or Loss

Solution:

Cost price of television = ₹68,000

Transportation cost= ₹2000

So, Total cost price of television = ₹68,000 + ₹2,000

                                                      = ₹70,000

Selling price of the television = ₹75,000

Selling Price > Cost Price so, Ram will profit from the deal

Profit = Selling Price - Cost price

Profit = ₹75,000 - ₹70,000

Profit = ₹5,000

Therefore, Ram has a profit of ₹5,000