Question

Jhon and his brother started a business. They invested ₹ 50,000 and after doing business, they got an amount of ₹ 60,000.
So, they have made ______.

• A. no profit or no loss
• B. a loss
• C. a profit
• D. both profit and loss

Answer 1

The correct option is C a profit

Amount invested = ₹ 50,000
Money earned after doing the business = ₹ 60,000

So, the amount of money invested < the amount of money earned.
So, they have made a profit.