Question
Pranav and sarita had set up stalls in a fun fair. Study the data given below and answer the questions.
✓
Answer
Total amount invested by Pranav = 70 + 25 + 45 + 14 + 20 = Rs 174
Amount gained through sale = Rs 160
∴ Selling price is less than invested price.
∴ Pranav incurred a loss in his Pav Bhaji business. Hence, he is disappointed.
Amount gained through sale = Rs 160
∴ Selling price is less than invested price.
∴ Pranav incurred a loss in his Pav Bhaji business. Hence, he is disappointed.
Total amount invested by Sarita = 20 + 10 + 30 + 50 + 20 + 60 = Rs 190
Amount gained by selling = Rs 230
∴ Selling price is more than invested price.
∴ Sarita made profit in her business. Hence, she is happy.
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