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Calculate profit or loss

A vendor bought 100 pears at $1.90 each and sold them at $2.50 each. Find his profit or loss.
Posted in Math, asked by gabby, 6 years ago. 1923 hits.

2

WE CAN SOLVE IT WITH ANOTHER METHOD

COST OF EACH PEAR = 1.90 $

SELLING PRICE OF EACH PEAR = 2.50 $

PROFIT = SELLING PRICE - COST PRICE (EACH PEAR)

            = 2.50   -      1.90

PROFIT ON EACH PEAR = 0.6 $

NOW WE CAN EASILY FIND THE PROFIT OF 100 PEARS

PROFIT OF 100 PEARS = 100 X 0.6 = 60$

Furqan Ali
Furqan Ali - 6 years ago
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This is a better answer - Anthony Calahan 6 years ago

0

Number of pears =100

cost of one pear when he bought = 1.90$

total cost when he bought 100 pears = 1.90$*100 = 190$

selling price of one pear = 2.50$

selling price of 100 pear = 100*2.50$ =250$

His profit = selling price- total cost = 250$-190$ = 60$

So he is having 60$ profit

vinu omanan
vinu omanan - 6 years ago
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TOTAL PEARS =100

COST PRICE OF EACH PEAR = 1.90$

COST PRICE (CP) OF 100 PEARS = 1.90 x 100 = 190$

SELLING PRICE OF EACH PEAR = 2.50$

SELLING PRICE (SP) OF 100 PEARS = 100 x 2.50$ = 250$

PROFIT = SP - CP

= 250 - 190

PROFIT = 60$

Furqan Ali
Furqan Ali - 6 years ago
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