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1. XYZ company sold 800 units of watches for TK.800 each and 1,000 units of watches for TK. 500 each. If the company's cost of producing each unit of watch was TK. 600, what was the company's profit or loss ?

  • A. TK. 1,600 loss
  • B. TK. 1,600 loss
  • C. TK. 1,600 loss
  • D. TK. 1,600 loss

Answer: Option E

Explanation:

SP=800×800=640000 taka

CP=800×600=48000 taka

Profit=640000-480000=160000 taka

Again,

SP=1000×500=500000 taka

CP=1000×600=600000 taka

Loss=600000-500000=100000 taka

So, Net profit=160000-100000=60000 taka

(ans)

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