A vendor bought oranges at 20 for $40 and sold them at 5 for $10. Choose the statement that is true. *
a. The vendor made a profit.
b. The vendor made a loss.
c. The vendor did not make a profit nor a loss.
d. The cost price is lower than the selling price.
Answer:
a) The vendor made a ptofit.
It is the correct answer dear
Answer:
The ans’s Option- (c) The vendor didn’t make a profit nor a loss.
Cause, he bought 20 oranges for 40$ & sold 5 oranges at 10$, so, if he’d sell all of those, then, the 20 oranges sold at the same price point as he bought;