A bakery earns a profit of ₹ 10 per cupcake and a loss of ₹ 5 per cookies. If one day 250 cupcakes and 300 cookies were sold, then what is the total profit/Loss?
A
Profit of ₹ 1000
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B
Loss of ₹ 1000
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C
Profit of ₹ 4000
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D
Loss of ₹ 4000
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Solution
The correct option is A Profit of ₹ 1000 Let us take the profit as a positive integer and loss as a negative integer. ∴ The total profit earned by selling cupcakes = 250×(+10)=(+2500) ∴ The total loss incurred by selling cookies = 300×(−5)=(−1500) ∴ The total profit/loss = (+2500) + (-1500) = (+1000) Hence, they had a profit of ₹1000.