Question

Suresh bought 40 notebook at each for Rs.5 .He sold them all and got rotten .He sold remaining at Rs1.50 each . what was his profit or loss?

Answer 1

Step-by-step explanation:

Given,

Suresh bought notebooks= 40

Cost of each notebook= Rs.5

Now cost of all notebooks is = 40*5

=200

he sold each book at Rs.1.50

he sold all books = 1.50*40

=Rs.60

Here C.P >S.P

So,he got loss

loss=C.P-S.P

=200-60

=140

Therefore,loss is Rs.140