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Activity Discussion Math Profit and loss Reply To: Profit and loss

  • Lucky

    Member
    June 25, 2023 at 2:37 pm
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    ::

    Total no. Of products that is bought by store = 2000

    Price of one product= 10 rs

    Then the total cost of all products will be = 2000*10 = 20000

    Now-

    Store sold 100 products at 15rs –

    Then earn = 100*15 = 1500

    And

    Sold 20 products at 20rs –

    Then earn = 20*20 = 400

    Total earning = 1500 + 400 = 1900

    We know

    loss/profit = total revenue – total cost

    Loss/profit = 1900 – 20000= -18100

    Mean store are in loss with ( – 18100) rs…

    Then

    Percentage of loss = ( loss/toal cost)*100

    Percentage of loss = (-18100/20000) = -90.5

    Then Total percentage of loss will be -90.5

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