Question

Shamu purchased 36 chickoo at the rate of 10 for 2 and sold them 24 for 4. Did he make a profit or incur a loss? How much?
1)Profit
2) Loss
3)Profit
4)Loss​

Answer 1

Answer:

profit

Step-by-step explanation:

Profit, because Cost price - 10 for 2 therefore CP = 130 Selling price - 24 for 4 therefore SP = 216

Answer 2

Answer:

Profit

Step-by-step explanation:

   Bought 10 for 2

So,Bought 1   for 2/10

So,Bought 36 for (2×36)/10

                            =72/10

                            =7.2

    

Sold 24 for 4

So, Sold 1  for 4/24

So,Sold 36 for (4×36)/124

                        =144/24

                        =6

So his profit was 7.2-6=1.2