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Question

An ice cream vendor bought 48 orange-bars at Rs. 4 each and 25 vanilla cups at Rs. 9 each. He spent Rs. 3 on storage. If he sold all the orange-bars for Rs. 240, all the vanilla cups for Rs. 200, and the remaining ice for Rs. 1, find his net loss or gain.

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Solution

Cost of orange bars= Rs.48×4=Rs.192
Cost of vanilla cups= Rs.25×9=Rs.225
and Rs.3 is spent on storage
Therefore, total C.P= Rs.(192+225+3)
=Rs.(195+225)
=Rs.420
Selling price= Rs.240+Rs.200+Rs.1=Rs.441
Net gain= Rs.441Rs.420=Rs.21

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