Q131 of 147 Page 8

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.

Given that:

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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