If profit is represented by '+' sign and loss is represented by '-' sign (as both are opposite situations), what will be the correct representation when you made a profit of Rs.109 and loss of Rs. 901?

-Rs. 109 and +Rs. 901 respectively.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

-Rs. 109 and -Rs. 901 respectively.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

+Rs. 109 and +Rs. 901 respectively.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

+Rs. 109 and -Rs. 901 respectively.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
+Rs. 109 and -Rs. 901 respectively.

The profit is represented by '+' sign and the loss is represented by '-' sign.
So making a profit of Rs.109 is represented by +Rs.109 and making a loss of Rs.901 is represented by -Rs.901 respectively.

Suggest Corrections

Similar questions

If profit is represented by a '+' sign and loss is represented by a '-' sign, how will you represent a profit of ₹109 and loss of ₹901?

If the investment of A and B in a business is Rs.5000 and Rs.3000 respectively for equal time, the total profit is Rs.160. Find the profit earned by A.

P and Q invested Rs. 700 and Rs. 500 respectively. If the loss incurred after one year is Rs. 132, the loss incurred by A is Rs. 79 and the loss incurred by B is Rs. 55. Is this statement True or False?

Q. Q. Aravind, Babu, Cletus started a business by investing Rs 1,20,000, Rs 1,35,000 and Rs 1,50,000 respectively. Babu’s share of profit if the annual profit is Rs 56,700.

Q. On 1st April, 2017, A and B entered into partnership contributing Rs. 60,000 and Rs. 45,000 respectively. They agreed to share profits and losses in the ratio of 3 : 2. B is allowed salary of Rs. 12,000 per year. Interest on capital is to be allowed @ 10% p.a. During the year, A withdrew Rs. 9,000 and B withdrew Rs. 18,000 as drawings. Interest on drawings paid by A and B were Rs. 150 and Rs. 210 respectively. Profit for the year ended 31st March, 2018 before the above adjustments was Rs. 35,000. Show distribution of profits by preparing Profit and Loss Appropriation Account of the firm. Prepare Partners' Capital Accounts also.

Join BYJU'S Learning Program

If profit is represented by '+' sign and loss is represented by '-' sign (as both are opposite situations), what will be the correct representation when you made a profit of Rs.109 and loss of Rs. 901?

The correct option is D +Rs. 109 and -Rs. 901 respectively. The profit is represented by '+' sign and the loss is represented by '-' sign. So making a profit of Rs.109 is represented by +Rs.109 and making a loss of Rs.901 is represented by -Rs.901 respectively.

The correct option is D
+Rs. 109 and -Rs. 901 respectively.

The profit is represented by '+' sign and the loss is represented by '-' sign.
So making a profit of Rs.109 is represented by +Rs.109 and making a loss of Rs.901 is represented by -Rs.901 respectively.