Q. 1314.8( 5 Votes )
A green grocer had a profit of ₹ 47 on Monday, a loss of ₹ 12 on Tuesday and loss of ₹ 8 on Wednesday. Find his net profit or loss in 3 days.
Profit on Monday = Rs. 47
Loss on Tuesday = Rs. 12
Loss on Wednesday = Rs. 8
To find net profit or net loss, we need to find total profit and total loss.
So, total profit = Rs 47
Total loss = Rs 12 + Rs 8 = Rs 20 [The grocer incurred loss on two days in a row, Tuesday and Wednesday]
He has incurred profit in the end as total profit is more than total loss.
Net profit = Total profit – Total Loss
⇒ Net profit = 47 – 20
⇒ Net profit = 27
Thus, net profit is Rs. 27.
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