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Question
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.
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Solution
As per the given information,
Profit on Monday = Rs. 47 and loss on Tuesday = Rs. 12
And loss on Wednesday = Rs. 8
∴ Net profit = Total profit – Total loss
Now, total profit = Rs. 47 and total loss = 12 + 8 = Rs. 20
∴ Net profit = 47 – 20 = Rs. 27
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